Headquarters
Luxembourg
Stock Exchange Listings
ENX: MT - NYSE: MT - ENX: MT - BME: MTS - LuxX: MTL - MSE: RZLE
Workforce
Employees: 167,743 (31/12/2020)
Contract workers: 31,506 (31/12/2020)
Total: 199,249 (31/12/2020)
Geographic Footprint
Producing countries: 7
Known tax jurisdictions: 25
Revenues (in BUSD)
Total Revenue: 53.27 (31/12/2020)
Net Income: -0.578 (31/12/2020)
State Ownership
No State ownership
2019 Fatalities
Total worker fatalities: 9
  • Employees: Not Specified
  • Contract workers: Not Specified
Others: Not Specified
2020 Fatalities
Total worker fatalities: 3
  • Employees: Not Specified
  • Contract workers: Not Specified
Others: Not Specified
Home countries, where the company is headquartered
Producing countries, where the company has mining operations
Mine sites selected for mine-site-level assessment

Summary of Results

Economic DevelopmentBusiness ConductLifecycle ManagementCommunity WellbeingWorking ConditionsEnvironmental Responsibility0%20%40%60%80%100%
  • ArcelorMittal
  • RMI average
  • Collective Best Score

While absolute results remain low overall, ArcelorMittal shows one of the six stronger results in Business Conduct. ArcelorMittal’s results in Business Conduct (beyond its formal commitment to prevent all forms of bribery and corruption) stem from its company-wide system for identifying and assessing any human rights, labour and environmental risks associated with its suppliers and contractors, and its disclosure of the payments it makes to subnational and national governments, in accordance with Canada’s Extractive Sector Transparency Measures Act.

Some of ArcelorMittal’s other better results include its systematic support for STEM education in its countries of operation, and its strong focus on supporting technical and managerial skills development of its local workforces.

On the other hand, ArcelorMittal’s results are below the average in four of the six thematic areas: Lifecycle Management, Community Wellbeing, Working Conditions and Environmental Responsibility. For example, the company’s overall results are held back by a lack of evidence of formal commitments on, for example, adopting a lifecycle approach or not exploring or mining in World Heritage Sites and respecting other protected areas. The company also shows a lack of evidence of systematic action on, for example, planning for the management of post-closure transition for affected communities and identifying and addressing how climate change can exacerbate the impacts of its operations on its workforce, affected communities, and the environment.

In the mine-site assessment, ArcelorMittal ranks 28th among the 40 companies on its mine-site-level results, with an average score of only 5%. The overall results of the seven ArcelorMittal mine sites assessed in the mine-site assessment are strikingly weak. None of these seven sites show any relevant evidence on eight of the fifteen issues, including local employment, local procurement, water quality, post-closure, safety of communities, safety and health of workers, women workers, and decent living wage.

Overall results

Economic Development

29.80 / 100.002022
26.00 / 100.002020

Business Conduct

49.30 / 100.002022
49.00 / 100.002020

Lifecycle Management

0.90 / 100.002022
1.00 / 100.002020

Community Wellbeing

12.50 / 100.002022
11.00 / 100.002020

Working Conditions

26.60 / 100.002022
24.00 / 100.002020

Environmental Responsibility

23.80 / 100.002022
23.00 / 100.002020

Average Mine-Site Score

5%2022
2022
30
%
2020
26
%

Economic Development

2022
49
%
2020
49
%

Business Conduct

2022
1
%
2020
1
%

Lifecycle Management

2022
13
%
2020
11
%

Community Wellbeing

2022
27
%
2020
24
%

Working Conditions

2022
24
%
2020
23
%

Environmental Responsibility

2022
5
%

Average Mine-Site Score

Results per measurement area

Commitment

(9 indicators)

Action

(42 indicators)

Effectiveness

(20 indicators)

Results per indicator

Economic Development

Mine-site Results

Mine sites selected for individual assessment (but not included in the overall company score)

Click on a mine site name to open its individual result page
AndradeKryviy RihLas TruchasLiberiaLisakovskMont-WrightPrijedor
Local Employment
(score /4)
0.00.00.00.00.00.00.0
Local Procurement
(score /4)
0.00.00.00.00.00.00.0
Air Quality
(score /4)
0.01.00.00.00.00.00.0
Water Quality
(score /4)
0.00.00.00.00.00.00.0
Water Quantity
(score /4)
0.00.50.00.00.00.00.0
Rehabilitation and Post-Closure
(score /4)
0.00.00.00.00.00.00.0
Tailings Management
(score /4)
-1.01.0-1.01.01.0
Safety of Communities
(score /4)
0.00.00.00.00.00.00.0
Community Grievances
(score /4)
0.01.50.01.01.01.01.0
Safety and Health of Workers
(score /4)
0.00.00.00.00.00.00.0
Women Workers
(score /4)
0.00.00.00.00.00.00.0
Workplace Deaths and Injuries
(score /4)
0.01.00.00.00.00.00.0
Training of Workers
(score /4)
0.01.00.00.00.00.00.0
Decent Living Wage
(score /4)
0.00.00.00.00.00.00.0
Worker Grievances
(score /4)
1.01.50.51.01.01.01.0
Mine Site Score
(%)
2.013.03.04.05.05.05.0

Operational mine sites

Mine Site NameAliases/Other namesCountryCompany's share (%)ProductsMining types
Andrade-Brazil100Iron OreOpen-pit
Atansore-Kazakhstan100Iron OreOpen-pit, Underground
Atasu-Kazakhstan100Iron OreOpen-pit, Underground
Baffinland*Mary RiverCanada25.23Iron OreOpen-pit
Fire Lake-Canada85Iron OreOpen-pit
Hibbing Taconite Mines-USA0Iron OreOpen-pit
KaragandaKostenko, Stakhanovskaya, Kuzembaeva, Saranskaya, Sokurskaya, Aktasskaya, Abayskaya, Kalinina, Kazakhstanskaya, Lenina, Naklonnaya, Shakhtinskaya, TentekskayaKazakhstan100CoalUnderground
Kentobe-Kazakhstan100Iron OreOpen-pit, Underground
Kryviy RihNovokrivorozhskyUkraine95.13Iron OreOpen-pit, Underground
Las TruchasLázaro CárdenasMexico100Iron OreOpen-pit
LiberiaYekepa, Tokadeh, Gangra, Yuelliton, Western Range ProjectLiberia85Iron OreOpen-pit
LisakovskLisakovsky, Shaimerden, TermitauKazakhstan100Iron OreOpen-pit, Underground
Ljubija-Bosnia and Herzegovina35.1Iron OreOpen-pit
Minorca MinesLaurentianUSA0Iron OreOpen-pit
Mont-WrightMt WrightCanada85Iron OreOpen-pit
Peña ColoradaMinatitlánMexico50Iron OreOpen-pit
PrijedorOmarska, Jezero, BuvacBosnia and Herzegovina51Iron OreOpen-pit
PrincetonTazewell, McDowell, Low Vol, Mid VolUSA0CoalOpen-pit, Underground
Serra Azul-Brazil100Iron OreOpen-pit
*not included in RMI assessment

Closed mine sites (known)
(controlled assets under care & maintenance, closure or post-closure management)

Mine Site NameAliases/Other namesCountryCompany's share (%)ProductsMining typesYear of closure
Volcan MinesSonora, El VolcanMexico100Iron OreOpen-pit2019
XMV Mine No. 36-USA100CoalUnderground2009

Tax Jurisdictions (known)

Argentina

Belgium

Bermuda

Bosnia and Herzegovina

Brazil

Canada

China

Costa Rica

Czechia

France

Germany

India

Italy

Kazakhstan

Liberia

Luxembourg

Mexico

Poland

Romania

South Africa

Spain

Turkey

USA

Ukraine

Venezuela