Overview of publications in section:.
Reports
Showing 1–10 of 11:
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Free allocation is not driving investment in steel decarbonisation
The EU Emissions Trading System (ETS) is intended to drive decarbonisation investment through the price it places on CO2 emissions: as the cap tightens and…
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Great expansion, greater responsibility: Nippon Steel Corporate Climate Assessment 2026 update
Nippon Steel’s global ambition is fundamentally reshaping the company. Its acquisition of U. S. Steel marks one of the most significant corporate transformations in the…
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Unmasking a deliberate retreat, ArcelorMittal Corporate Climate Assessment 2026 update
For three consecutive years, SteelWatch has analysed and scrutinised ArcelorMittal through its annual Corporate Climate Assessment, examining its reporting, its leadership statements, its earnings calls,…
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SteelWatch Corporate Scorecard 2026 – The Transition Readiness Gap
Iron and steelmaking remains one of the most emissions-intensive sectors globally, accounting for around a tenth of global carbon emissions. In an industry shaped by…
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No Time For Caution: Nippon Steel Corporate Climate Assessment 2025 update
Nippon Steel Corporation is now at a major turning point. Despite being based in resource-poor Japan, the company has grown to become the world's fourth largest steelmaker, and is now expanding its business to North America, India, Europe, and Australia. However, the "blast furnace-centered" and "domestic-centered" policies that underlie the company's corporate strategy remain strong.
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Backtracking on Climate Action – ArcelorMittal Corporate Climate Assessment 2025 update
Up until 2024, ArcelorMittal consistently positioned itself as a leader in decarbonising the global steel industry. With the ArcelorMittal Corporate Climate Assessment 2024, published in May 2024, SteelWatch challenged that narrative, exposing the stark gap between its rhetoric and its actions — and called on ArcelorMittal to step up and lead real transformation.
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Nippon Steel and hydrogen: Why Super COURSE50 is the wrong path for climate action
With its “Super COURSE50” technology brand, Nippon Steel claims to use hydrogen injection and carbon capture to reduce climate-harming emissions from its steel plants.
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Too Little, Too Late – Corporate Climate Assessment of Nippon Steel, 2024
World number four steel producer, Nippon Steel, is failing to meet international standards and falling behind its competitors on climate action, due to its focus on coal-based steelmaking.
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ArcelorMittal Corporate Climate Assessment 2024
ArcelorMittal does not live up to its own shiny claims of climate leadership because it is not on track to deliver the transformation needed to limit climate change to 1.5C, it is backtracking on its own stated commitments, and prioritising shareholders over decarbonisation in its financial decisions.
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Sunsetting Coal in Steel Production
This report calls for the end of coal in steel production. It shows how coal- based production is driving the huge and dangerous climate emissions…
