Company: MT
Filing Date: 2025-03-10
Form Type: 20-F
Source: 0001243429-25-000017
Chunk: 79

Company: ArcelorMittal
Filing Date: 2025-03-10
Form: 20-F
Chunk 79
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.75t CO 2 e/tcs. The Company saw a 5.0% improvement in 2024, down to 1.62tCO 2 e/tcs from the 2018 baseline of 1.71t CO 2 e/tcs for its European adjusted KPI – CO 2 e intensity of its steel operations (Scopes 1 and 2). The adjusted absolute emissions that correspond to the Company’s global target KPI (Scope 1 and 2, steel and mining) decreased by 25% compared with 2018. The following indicators are used to measure and monitor ArcelorMittal's decarbonization progress:

| Metric                                               | Unit                 | Scope + perimeter               |  2018 |  2022 | 2023 |  2024 | 2018-2024Reduction |
| Adjusted absolute CO2e footprint1                    | Million tonnes       | ArcelorMittal Scope 1+2         | 136.3 | 106.2 | 98.5 | 101.9 | 25%                |
| Adjusted absolute CO2e footprint1                    | Million tonnes       | Europe Scope 1+2                |  67.6 |  54.5 | 48.4 |  51.5 | 24%                |
| Adjusted Group CO2e intensity KPI1(steel and mining) | tCO2e/tonne of steel | ArcelorMittal Scope 1+2         |  1.85 |  1.82 | 1.78 |  1.75 | 5.4%               |
| Adjusted Europe CO2e intensity KPI1(steel)           | tCO2e/tonne of steel | Europe Scope 1+2                |  1.71 |  1.71 | 1.68 |  1.62 | 5.0%               |
| CO2e intensity steel only2                           | tCO2e/tonne of steel | Steel Scope 1+2+ limitedscope 3 |  2.09 |  1.98 | 1.96 |  1.87 | 10.7%              |
| Adjusted  CO2e intensity1,2steel only                | tCO2e/tonne of steel | Steel Scope 1+2+ limitedscope 3 |