Better Health for All

No evidence was found in the provided articles to assess ArcelorMittal S.A. against the 'Better Health for All' ethical value. The articles primarily focus on occupational safety for workers and environmental pollution control, which are explicitly excluded from this value's scope. While one article mentions 40% of community investment is directed towards 'education, health, and social development,'

this is too broad and lacks specific details on programs addressing health disparities or promoting equitable access to be scored against the relevant KPI. Information regarding the health impact of the company's finished steel products on the general public, health-related revenue, accessibility of health products, health innovation investment, or specific health equity programs is not present.

Fair Pay & Worker Respect

In 2024, 83% of employees were covered by collective bargaining agreements.

The company's total recordable injury rate (TRIR) was 4.78 per million hours worked in 2024, which translates to 0.956 per 200,000 hours. In March 2026, OSHA issued four repeat violations to ArcelorMittal Tubular Products USA, including inadequate machine guarding and failing to train workers on lockout/tagout procedures, resulting in proposed penalties of $253,515. The company's manager turnover rate was 2.0% in 2024.

Honest & Fair Business

ArcelorMittal Canada Inc., a related entity, was fined $100,000 CAD in 2024 for obstructing inspections.

This fine is less than $5 million USD. The company has a whistleblower policy that outlines reporting procedures, investigation processes, and protection against retaliation, emphasizing confidentiality and protection for good faith reports. It details various reporting channels, including online platforms, supervisor reporting, and local grievance mechanisms, with fraud and corruption cases handled by the Global Assurance Department. ArcelorMittal's anti-corruption policy, effective July 2014, applies to all directors, officers, employees, and third parties. It addresses international conventions and national laws, defines corruption, and provides guidelines for gifts, entertainment, political contributions, and charitable contributions. It requires accurate accounting records, internal controls, and periodic risk assessments. However, the policy's training frequency and effectiveness metrics are not specified. For conflict minerals, ArcelorMittal utilizes third-party audits to verify compliance of smelters and refiners, and reports 100% response rates for tin and tungsten supplier surveys from 2015 to 2025.

Kind to Animals

The company has an animal testing policy, implemented on 22/04/2024, stating that animal testing must be avoided and alternative methods favored, as long as animal testing is not strictly required by law.

ArcelorMittal operates a Biodiversity Conservation Programme (BCP) in Liberia, launched in 2011, which spent $1.3 million in 2017. This program aims to protect endangered species such as the Cephetola wingae butterfly, Nimba otter shrew, giant African swallowtail butterfly, and Western chimpanzee, and has shown a correlation between forest patrols and a drop in hunting and slash-and-burn farming. The company has restored over 16 hectares of habitat at Burns Harbor in the US. In Luxembourg, biotope studies are required for projects on former steel mill sites, with solutions proposed to recreate habitats for protected species, and land is made available in Natura2000 areas with management plans for species like the woodlark, notch-eared bat, and smooth snake. ArcelorMittal Tubarão in Brazil has a green area protecting 102 species of fauna and 433 of flora, home to approximately 600 broad-snouted caimans, and over 6,000 green turtles have been tagged for monitoring and research.

No War, No Weapons

ArcelorMittal's 2024 Sustainability Report and its Human Rights Policy (November 2023) both state an alignment with the UN Guiding Principles on Business and Human Rights (UNGPs).

For conflict minerals, the company reported a 100% response rate from suppliers for its 2024 Conflict Minerals Survey for tin and tungsten, and similar 100% response rates for 2015-2023. The company utilizes the Conflict-Free Smelter Initiative (CFSI) to identify compliant smelters and focuses on tin and tungsten as the only minerals used in its products.

Planet-Friendly Business

ArcelorMittal's total Scope 1, 2, and 3 greenhouse gas emissions in 2024 were 108.46 million tonnes of CO2e.

The company's climate commitment with the Science-Based Targets initiative (SBTi) has been removed, and it is not currently setting a science-based 1.5°C aligned group target. In 2024, 14% of ArcelorMittal Brazil's electricity requirements were supplied by two solar energy projects with a combined capacity of 465MW, and a 1GW solar and wind project in India commissioned in June 2024. Net water consumption for steel was 2.83 m³ per tonne of steel in 2024, and revenue was $62.4 billion in 2024, resulting in 48,600 m³ per $1 million revenue. The new headquarters in Luxembourg will be aligned with BREEAM (outstanding), DGNB (Platinum), and WELL (Gold) labels, but no percentage of total facilities certified is provided. Production residues to landfill/waste (steel) decreased to 6.45% in 2024, and production residues and by-products reused (steel) increased to 94.0% in 2024. In 2024, 4% of capital expenditure was aligned with the EU Sustainable Taxonomy. The company conducted 145 Life Cycle Assessment (LCA) studies in 2024. XCarb® RRP products have a minimum scrap content of 75%. A screening of all Scope 3 emissions categories was conducted in 2023 to develop a supplier engagement strategy, and a pilot tool for supplier emissions reporting is in testing. The Biodiversity Conservation Program (BCP) in Liberia, launched in 2011, covers approximately 51,000 hectares, which is less than 1% of the total forest. The company has faced 200 charges under the Fisheries Act in Canada for alleged illegal dumping between 2014 and 2022, and was fined $100,000 CAD in 2024 for obstructing enforcement. It also faces an indictment in France for charges including endangering lives and environmental damage. All major capital projects are required to conduct environmental impact assessments, and 17 projects with environmental benefits were approved for $219 million in capital expenditure in 2024. The company has an ambition to achieve net-zero GHG emissions by 2050. ArcelorMittal has publicly committed to implement the recommendations of the TCFD and employs climate-scenario planning, including a 1.5°C scenario, using IPCC climate scenarios SSP1-RCP 2.6, SSP2-RCP 4.5 & SSP5-RCP 8.5. The company states it has developed a framework and guidance for its operations to manage their transitions in a just way, but does not meet any criteria for a Just Transition commitment according to Climate Action 100+.

Respect for Cultures & Communities

ArcelorMittal has a global whistleblower protection system with email, post box, and telephone hotlines available in official languages for stakeholders to report potential human rights risks, which includes community concerns.

The company commits to protecting culturally sensitive areas by following national laws and international best practices. Its human rights policy, updated in November 2023, states a commitment to consult and cooperate with indigenous peoples, including obtaining free, prior, and informed consent (FPIC) for projects with potential significant adverse impacts. However, no specific quantitative data is provided regarding the coverage of grievance mechanisms across operational sites, the number of cultural site disruptions, or the percentage of affected communities participating in FPIC processes.