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Responding to ArcelorMittal’s announced delay of its steel decarbonisation plans in Europe, climate campaigners have issued a sceptical analysis of the company’s latest move, which…
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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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With the Paris Olympics opening ceremony and the display of the low carbon Olympic torch, it's time to evaluate. In the race to sustainable steel, how is ArcelorMittal performing?
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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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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, the world’s second-largest steelmaker, is failing in its claim to be a leader on climate change, having spent just one third of the USD1.5 billion figure it pledged to invest in decarbonisation over the past three years, according to a new report from advocacy group SteelWatch.
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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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Description: This commentary is elaborated based on the article published in Japanese on 9 January, 2024. Nippon Steel Corporation’s acquisition of US Steel in the final…
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Four prominent steel companies have announced plans to reline blast furnaces, which are used to produce coal-based steel, that will lock in CO2 emissions of almost 500 Mt. SteelWatch and Solutions forOur Climate (SFOC) shed light on the alarming investments made by steel companies in coal-based steel production, driving millions of additional tonnes of emissions and running counter to their nations’ climate pledges. The commentary underscores the pressing necessity for transitioning to greener alternatives and intensifying climate scrutiny in investment choices to steer clear of coal-based steel production. It also underscores the implications for these companies’ competitiveness and the planet’s stability.
