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Respondent CDP 2008: Arcelor Mittal

General Information
<>It requirement CDP questionnaire introduction answer like text box attach document
ArcelorMittal world's number steel company 310 000 employees 60 countries company merged 2007 brings world's number number steel companies Arcelor Mittal Steel Given scale merger scale company’ s operations (over 100 reporting sites) significant time resources spent aligning reporting systems Data supplied report represents ‘ snapshot’ ArcelorMittal new company Presently certain gaps data collection process estimates forward reporting systems mature company able present complete accurate data future submissions

 
<>Where available provide following identification numbers primary listings/ordinary shares information company Company Turnover (also known sales) millions US$
105200000000

 
<>ISIN number
LU0323134006

 
<>CUSIP number

 
<>SEDOL number

 
1 - Risks and Opportunities
Question 1(a)(i) Regulatory Risks
<>How company exposed regulatory risks related climate change
We consider our company to be exposed to regulatory risks because... 
Compliance environmental obligations require additional capital expenditures modifications operating practices particularly steel companies operating countries recently joined European Union example EU Directives U S laws regulations new additional environmental compliance requirements arise implementation different countries Kyoto Protocol (United Nations Framework Climate Change 1992) future stringent greenhouse gas restrictions emissions trading schemes require changes operations steel facilities reductions emissions purchase emission rights post 2012 carbon market presently uncertain ArcelorMittal closely monitoring regulatory legislative developments endeavoring reduce emissions global challenge climate change ArcelorMittal supports informs policy development engaging relevant regulatory bodies significant risk lack predictability climate change regulation Long term price signals required clarity market Certified Emissions Reductions (CERs) Emission Reduction Units (ERUs) generated today count ArcelorMittal risks losing money spent cover incremental costs lower carbon technologies risks currently exacerbated particular design EU Emissions Trading Scheme puts absolute cap “ direct” emissions emissions directly ArcelorMittal’ s steel mills

 
<>Would like provide additional information relating question provided
Yes 
2004 ArcelorMittal (then Arcelor) initiated legal action European Court Instance (CFI) Emissions Trading Directive ArcelorMittal sought order finding Emissions Trading Directive partially void providing compensation damages suffer addition national legal actions relating inter alia exclusion steel installations 37 emissions trading subsequently initiated France Belgium Spain Luxembourg national legal actions relating allocation CO2 allowances initiated Germany National proceedings advanced furthest France “ Conseil d’ Etat” sought 2007 preliminary ruling European Court Justice (CoJ) relation principle nondiscrimination(equal treatment steel aluminum plastics) Luxembourg national court proceeding suspended judgment CFI rendered

 
Question 1(a)(ii) Physical Risks
<>How company exposed physical risks climate change
We do not consider our company to be exposed to physical risks because... 
ArcelorMittal’ s steel activities normally affected kinds risks ArcelorMittal’ s mining operations subject risk production disruptions adverse weather conditions attributable climate change Adverse weather conditions affect ArcelorMittal transportation example sea ports directly attributable climate change

 
<>Would like provide additional information relating question provided
No 

 
Question 1(a)(iii) General Risks
<>How company exposed general risks result climate change
We consider our company to be exposed to general risks because... 
answers 1 (a) iiCarbon dioxide steel production process related emission altered certain point plants ArcelorMittal reached technical limits reducing carbon dioxide tonne steel technology changes reach technical limits plants future risk relates technological solutions carbon capture storage bring significant benefits considered available near time frame horizon

 
<>Would like provide additional information relating question provided
No 

 
Question 1(a)(iv) Risk Management
<>Has company taken planned action manage general regulatory risks and/oradapt physical risks identified
We have taken or planned action. 
Issues managing general regulatory risks discussed response including esablishment climate change steering committee research development area environment climate change regulatory dialogue

 
<>Would like provide additional information relating question provided
No 

 
Question 1(a)(v) Financial Business implications
<>How assess current and/or future financial effects therisks identified risks affect business
We assess current and/or future financial effects by... 
Climate change environmental risks encompassed ArcelorMittal's risk universe risk management processes operational risks Specifically identified sunk costs e incremental costs low carbon technology realised absence market signals cost carbon integrated new investments ArcelorMittal concerned climate change risk competitive disadvante steel producers market operate does recognise carbon cost costs new technology compared returns financial implications ArcelorMittal make gains carbon markets provided designed

 
<>Would like provide additional information relating question provided
No 

 
Question 1(b)(i) Regulatory Opportunities
<>How current anticipated regulatory requirements climate change offeropportunities company
We consider that current or anticipated regulatory requirements offer opportunities because... 
Currently despite emerging nascent stages ArcelorMittal views carbon markets means reduce emissions provide opportunity discover new markets turn use carbon markets way accelerate energy targets technological developments ArcelorMittal recently established Carbon Investments Team Mergers & Acquisitions function invest low greenhouse gas investments venture capital ideas benefit steel mining endeavour utilise carbon incentives accelerate technology development (carbon revenues cover incremental cost new technology) regards anticipated regulatory requirements investing markets likely climate legislation future ArcelorMittal hopes better positioned compete market

 
<>Would like provide additional information relating question provided
No 

 
Question 1(b)(ii) Physical Opportunities
<>How current anticipated physical changes resulting climate change presentopportunities company
We consider that current or anticipated physical changes offer opportunities because... 
construction energy sectors particular seeking solutions reduce effects adverse weather conditions adapt physical impacts climate change requiring increasing need higher strength steel coated products existing products product developments industry partnerships ArcelorMittal placed meet consumer demands

 
<>Would like provide additional information relating question provided
No 

 
Question 1(b)(iii) General Opportunities
<>How does climate change present general opportunities company
We consider that climate change offers opportunities because... 
Climate change regulation consumer demands key markets represent significant opportunity ArcelorMittal company offers steel solutions clients help meet environmental constraints including reducing greenhouse gas (GHG) emissions example high strength steels lighter used automotive vehicles allowing CO2 emissions vehicle ArcelorMittal Body Concept (ABC) allows reduction 20% total weight car body white Advanced High Strength steels reduce vehicle weights 25% ArcelorMittal achieving growing presence wind energy sector worldwide contributing generation renewable energy example driven current boom sector – wind energy market Europe expanded 32% 2006 – factory Gijon Spain produced 200 000 tonnes plate wind generators 2007 (compared 120 000 tonnes previous year) current trend sector install higher capacity generators maximise performance Group’ s research centre Ghent Belgium engaged number projects aimed developing steel grades allow wind turbines installed towers 100 metres high addition ArcelorMittal research partnerships begun involvement development carbon capture storage technology abatement GHG emissions benefit industries utilising waste products example slag ArcelorMittal power plants sold cement manufacturers turn use additive cement production reduce clinker carbon emissions intrinsic feature steel recyclability means environmental benefits entire lifecycle Steel endlessly recycled long lasting industrial life sectors automotive industry 95% steel used recycled Globally recycled steel brings 600 million tonnes CO2 savings annually consideration steel entire lifecycle advantage key competing materials

 
<>Would like provide additional information relating question provided

 
Question 1(b)(iv) Maximizing Opportunities
<>Do invest plans invest products services designedto minimize adapt effects climate change
Climate change has led to investment or planned investment in order to maximise climate change opportunities. 
described invest number products minimise effects climate change increasing involvement research opportunities example carbon capture storage Group's total R& D spend 2007 US$ 214 million breakdown directly indirectly related climate change available

 
<>Would like provide additional information relating question provided
Yes 
construction sector Golden Innovation medal recently awarded cladding ‘ Arsolar’ solar panel designed construction division ArcelorMittal Arsolar converts solar radiation electrical energy reducing energy consumption buildings

 
Question 1(b)(v) Financial Business Implications
<>How assess current and/or future financial effects theopportunities identified opportunities affect business
We assess current and/or future financial effects by... 
ArcelorMittal dimensional growth strategy includes vertical integration value chain geographical product diversification growth strategy efforts leverage global customers value added growth ArcelorMittal invests heavily R& D employing 1 400 researchers 14 research centres Europe Canada Brazil giving company unique capability industry ArcelorMittal works closely customers develop generation solutions sustain competitiveness ArcelorMittal custom tailored strategic partnerships clients order develop new markets new products engineering programmes long feature Group’ s relationship worldwide automotive industry progressively extended OEMs (Original Equipment Manufacturers) appliances field automotive sector engineering teams resident customer’ s plants ArcelorMittal works OEMs design stage new product launches helping create vehicles lighter meet environmental constraints R& D strategy performance regularly communicated Board Michel Wurth member Group Management Board responsible Products Development R& D described responses ArcelorMittal provide steel solutions reducing CO2 emissions addition provision steel renewable energy wind turbines solar panels High Strength steel (HSS) Advanced High Strength steels (AHSS) increasingly important roles major construction automotive markets example AHSS reduce vehicle's weight 25% saving CO2 emissions HISTAR HSS developed construction market reduces GHG emissions making possible use lighter structures 2007 million tonnes AHSS 4 2 million tonnes HSS produced automotive industry increasing demand types steel bring value business

 
<>Would like provide additional information relating question provided
No 

 
2 - Greenhouse Gas (GHG) Emissions Accounting
Question 2(a)(i) Reporting Boundary
Calculation tools assist companies calculating GHG emissions particular activities combustion fuels production processes http //www ghgprotocol org/calculation tools/all tools Companies new emissions reporting strongly recommended use tools assist calculations used calculation tool list question methodologies
<>Please indicate category best describes company entities groupfor response prepared
Companies over which financial control is exercised – per consolidated audited Financial Statements. 

 
<>Would like provide additional information relating question provided
Yes 
described previously merger Arcelor Mittal Steel enlarged scope environmental reporting significantly doubling steel production increasing 100 reporting sites aim corporate environment team explain goals reporting provide initial snapshot Group’ s environmental impact reporting systems mature data collection complete

 
Question 2(a)(ii) Reporting Year
<>Please explicitly state dates accounting year period GHG emissionsare reported
Start date 01 January 2007End date 31 December 2007Financial accounting year 01 January 2007

 
<>Would like provide additional information relating question provided

 
Question 2(a)(iii) Methodology
<>Please specify methodology used company calculate GHG emissions select methodology used using radio buttons used GHG Protocol ISO 14064 1 references calculation tools used explanation calculation methods devised explain data sources Global Warming Potentials emission factors used calculations reference supplied calculation tool contact provider calculation tool information used methodology devised explain methodology including methods calculation data sources Global Warming Potentials emission factors
Other 
CO2 emissions derived submitted data energy materials utilisation includes Direct CO2 emissions actual emissions chimneys ArcelorMittal sites addition direct emissions process emissions resulting combustion exported gas Electricity realted emissions procurement related emissions e g industrial gas

 
<>Would like provide additional information relating question provided
Yes 
Presently ArcelorMittal's GHG reporting strict accordance definitions GHG Protocol Owing complexities involved steel industry begun engage World Resources Institute World Business Council Sustainable Development develop road test effective tool reporting total CO2 emissions large extent compliant reporting proposal GHG making separation direct emissions (straight C balance sites) scope 2 emissions (almost electricity) scope 3 emissions having significant impact (procurements external coke pellets industrial gas) Presently accurate emissions relating mining transportation raw materials products waste treatment main deviation GHG Protocol guidelines results way exported gas power plants calculated order avoid carbon leakage does include steel processes e g provision hot rolling tools global view site consistency data single reporting iron steel making does allow assessment performance leading processes e blast furnace route steel

 
Question 2(b)(i) Scope 1 Scope 2 GHG Protocol
<>Are able provide breakdown direct indirect emissions Scopes 1 2 GHG Protocol analyse electricity consumption

 
<>Would like provide additional information relating question provided

 
Question 2(b)(i)(y) Scope 1 Scope 2 GHG Protocol Year 1 answers
<>Please enter dates reporting period specified (answer question 2(a)(i)) answer questions period selecting “ Add Additional Year Figures” button end webpage repeat process previous reporting period reporting period possible data going reporting period ending 2004 enter historical data reported information response previous CDP questionnaires

 
<>Please enter accounting year used report GHG emissions details
Start date 23 June 2008End date 31 December 2007

 
<>Scope 1 Direct GHG Emissions provide Total global Scope 1 activity Metric Tonnes CO2 e emitted
<>181299 CO2e metric tonnes < text="">

 
<>b Total Scope 1 activity Metric Tonnes CO2 e emitted Annex Bcountries

 
<>By country Scope 1 activity metric tonnes CO2 e individual country Using methodology state emissions country NB practical list emissions country country basis list countries significant emissions context business combine remainder “ rest world” information format (e g Excel) attach
Country Scope 1 Emissions
(metric tonnes CO2-e)

 
<>Scope 2 Indirect GHG emissions provide c Total global Scope 2 activity metric tonnes CO2 e emitted
<>23250 CO2e metric tonnes < text="">

 
<>d Total Scope 2 activity metric tonnes CO2 e emitted Annex Bcountries

 
<>By country Scope 2 activity metric tonnes CO2 e individual country
Country Scope 2 Emissions
(metric tonnes CO2-e)

 
<>Electricity consumptione Total global MWh purchased electricity
50500000 MWh

 
<>f Total MWh purchased electricity Annex B countries

 
<>By country – MWh purchased electricity individual country
Country

 
<>g Total global MWh purchased electricity renewable sources

 
<>h Total MWh purchased electricity renewable sources Annex Bcountries

 
<>By country – MWh purchased electricity renewable sources individual country
Country

 
<>Would like provide additional information relating question provided
Yes 
purchased electricity result net requirements does represent electricity consumed valorise steel gases electricity power plants

 
Question 2(b)(ii) Scopes 1 2 GHG Protocol
<>If unable Scope 1 Scope 2 GHG emissions and/or electricity consumption report GHG emissions able identify description emissions answered 2(b)(i) question 2(c)(i)

 
<>Would like provide additional information relating question provided

 
Question 2(c)(i) Emissions – Scope 3 GHG Protocol
<>How identify and/or measure Scope 3 emissions
Scope 3 emissions significant impact recorded (procurement external coke pellets calcinated fluxes industrial gas) Scope 3 emissions currently include emissions relating mining transportation raw materials products (although estimates)

 
<>Please provide possible Details significant Scope 3 sources company
Scope 3 emissions significant impact recorded (procurement external coke pellets calcinated fluxes industrial gas)

 
<>b Details metric tonnes CO2 e GHG emissions following categories Employee business travel

 
<>ii External distribution/logistics

 
<>iii Use/disposal company’ s products services

 
<>iv Company supply chain

 
<>c Details methodology use quantify estimate Scope 3 emissions

 
<>Would like provide additional information relating question provided

 
Question 2(d) External Verification
<>(i) information reported response Questions 2(b) (c) beenexternally verified audited plan information verified oraudited
No (Please go to question 2 (e)) 

 
<>(ii) answer question 2d(i) Yes provide attach copy audit verification statement state plans verification

 
<>(iii) specify standard protocol information hasbeen audited verified

 
<>Would like provide additional information relating question provided

 
Question 2(e) Data Accuracy
<>Does company place assess accuracy GHG emissions inventory calculation methods data processes systems relating GHG measurement provide details explain data accuracy managed
Yes, we do have a system. 
database OpsEnvironmental established compile monitor relevant data facilities worldwide

 
<>Would like provide additional information relating question provided

 
Question 2(f) Emissions History
<>Do emissions reported accounting year vary significantly compared previous years explain reasons variations

 
<>Would like provide additional information relating question provided
Yes 
described Arcelor Mittal Steel merged 2007 Given scale merger scale company's operations data supplied submission represents 'snapshot' company new company environmental data collection exercise ArcelorMittal represents baseline Group

 
Question 2(g) Emissions Trading
<>i) Does company facilities covered EU Emissions Trading Scheme
Yes, our company has facilities covered by the EU ETS. (Please answer 2(g)(i)(a), (b) and (c) and 2(g)(ii).)  

 
<>If a) provide details annual allowances awarded company Phase years 1 January 2005 31 December 2007 details allowances allocated Phase II commencing 1 January 2008 cases enter numbers punctuation example enter 2000 instead 2 000 enter allowance Metric Tonnes CO2 1 January 2005 31 December 2005
82765596 Metric Tonnes CO2

 
<>1 January 2006 31 December 2006
81895883 Metric Tonnes CO2

 
<>1 January 2007 31 December 2007
93021286 Metric Tonnes CO2

 
<>b) provide details actual annual emissions facilities covered EU ETS effect 1 January 2005 enter emissions Metric Tonnes CO2 1 January 2005 31 December 2005

 
<>1 January 2006 31 December 2006

 
<>1 January 2007 31 December 2007

 
<>Phase II annual allowances1 January 2008 – 31 December 2008

 
<>1 January 2009 – 31 December 2009

 
<>1 January 2010 – 31 December 2010

 
<>1 January 2011 – 31 December 2011

 
<>1 January 2012 – 31 December 2012

 
<>c) impact company’ s profitability EU ETS

 
<>ii) company's strategy trading participating regional and/or international trading schemes (eg EU ETS RGGI CCX) Kyoto mechanisms CDM JI projects Explain involvement following EU ETS

 
<>CDM/JI
ArcelorMittal number CDM JI projects operations addition ArcelorMittal purchases credits projects party operators order meet obligations

 
<>CCX
ArcelorMittal currently considering participating CCX

 
<>RGGI

 
<>Others

 
<>Would like provide additional information relating question provided

 
Question 2(h) Energy Costs
<>i) identify total costs $ energy consumption fossil fuels electric power want enter number 1 ensure use decimal point (e g 0 3) comma (e g 0 3)
7000000000 US$

 
<>ii) percentage total operating costs does represent

 
<>iii) percentage energy costs incurred energy renewable sources

 
<>More details

 
<>Would like provide additional information relating question provided

 
3 - Performance
Question 3(a) Reduction Plans
<>i) Does company GHG emissions reduction plan place provide details information requested currently plan place explain
No, we do not currently have a plan in place for the following reason(s): 
Group process developing formal climate change strategy multi disciplinary committee place includes senior management representatives finance treasury international affairs corporate responsibility departments representatives corporate environment energy departments Presently optimise process performance benchmarking sharing good practices using lean CO2 technologies like scrap based steel production (20% ArcelorMittal production) use natural gas based steel production (16% world DRI production) use biomass (Charcoal Ironmaking Brazil) (charcoal production doubled 2010)Two business segments conducted action plans aimed reducing direct CO2 emissions short term reduction plan potentially includes increased use Direct Reduced Iron (DRI) units energy savings sinter substitution heat recovery reutilisation Presently exercise undertaken identify possible actions Group improve performance using existing viable technologies Based outcomes study clearer action plan determined identify clearer progress potential medium term plan (2012 – 2015) currently conducting research use process gases produce DRI energy management infrastructure development long term (2015 beyond) main efforts focused leading companies EU sponsored ‘ Ultra Low CO2 Steelmaking’ (ULCOS) project objective initiative develop breakthrough technology reduce CO2 emissions steel industry 50% climate change roadmap defined aiming set strict achievable targets

 
<>ii) baseline year emissions reduction plan

 
<>If want information rolling target

 
<>iii) emissions reduction targets period targets extend
3a (i)

 
<>iv) activities undertaking reduce emissions renewable energy energy efficiency process modifications offsets sequestration targets set timescales extend
ArcelorMittal multi faceted approach climate change challenge recognising short medium long term goals technological support regulatory dialogue reduce emissions Group’ s plan includes continued process improvements energy efficiency schemes ArcelorMittal believes market mechanisms effective way reduce emissions important note significant improvements emissions reduction steel industry emissions CO2 steel industry process related cut absolute terms Western Europe 18% 1990 2005

 
<>v) investment required achieve targets time period
majority CO2 emissions steel industry process related large parts ArcelorMittal’ s operations particularly Western Europe Americas close thermodynamic limits significant investments continually Group’ s operations reduce emissions outside Western European Americas sites

 
<>vi) emissions reductions associated costs savings achieved date result plan
Emissions CO2 steel industry cut absolute terms Western Europe 18% 1990 2005 Given ArcelorMittal’ s climate change plan finalised clear reductions savings presently disclosed

 
<>Would like provide additional information relating question provided

 
Question 3(b) Emissions Intensity
<>i) appropriate measurement emissions intensity company
Other 
Metric tonnes CO2 e tonne output separate production processes single intensity figure Steel production highly energy intensive Significant carbon dioxide (CO2) emissions arise product iron reduction process chemical reaction carbon iron ore blast furnace produces molten iron converted steel tonne primary steel produced iron ore results 1 5 2 tonnes CO2 emissions main alternative process electric arc furnace (EAF) emissions significantly production limited availability scrap scrap substitutes 2007 approximately 73% crude steel production came blast furnace routes 25% EAF production Having single measurement CO2 emissions steel output representing steel production routes ultimately misleading e potentially increasing proportion EAF production reduce company's overall emissions intensity reflect technology improvements management practices occurring production routes

 
<>Please company’ s emissions intensity figure measurement given want enter number 1 ensure use decimal point (e g 0 3) comma (e g 0 3)

 
<>ii) state GHG emissions intensity terms total tonnes CO2 e reported Scope 1 Scope 2 $m turnover EBITDA reporting year Scope 1/ US$millions turnover

 
<>Scope 2/ US$millions turnover

 
<>Scope 1/ EBITDA

 
<>Scope 2/ EBITDA

 
<>iii) company developed emissions intensity targets
No, we have not developed emission intensity targets for the following reason(s): 
answers reduction plans

 
<>a) answer (iii) yes state emissions intensity targets

 
<>b) answer (iii) yes state reductions emissions intensity achieved targets time period

 
<>Would like provide additional information relating question provided
Yes 

 
Question 3(c) Planning
<>Do forecast company’ s future emissions and/or energy use
Yes, we do. (Please answer questions (i) to (iii) below.) 

 
<>i) provide details forecasts summarize methodology used assumptions able quantified forecasts Scope 1 Scope 2 emissions and/or electricity consumption enter numerical data page
Energy recognised key challenge reducing energy costs improve company's competitiveness Future Orientation Energy Committee reports Chief Technology Officer Energy Policy signed 2008 group wide energy management process rolled Group ArcelorMittal Energy policy published signed Group Management Board 2008 aimed guiding decision making behaviour levels organisation procurement energy related commodities integration energy considerations process equipment design Technology selection procurement Plant level decisions regarding operating philosophy practice Individual behaviour employees performing day day tasks policy integrated decision making strategic level organisation energy management currently rolled Corporate Technology department involvement Shared Services department regional technology groups operating site personnel management includes activities Estblishment monitoring corporate performance objectives Benchmarking best class operations Generation technology standards best operating practice guidance Investment technology upgrades bring sites standard level performance

 
<>ii) factor cost future emissions capital expenditure planning

 
<>iii) considerations impact investment decisions
Approximately US$ 500 million spent energy efficiency programmes 2008 2012

 
<>Would like provide additional information relating question provided

 
Question 3(c) (i) Planning Forecasted emissions/electricity use Year 1 answers
page gives opportunity numerical forecasts emissions electricity use possible provide emissions forecasts reporting periods Use “ Add additional year figures” button end page enter emission forecasts successive reporting periods Note enter numbers punctuation example use 2000 instead 2 000
<>Please enter accounting period used report GHG emissions details
Dates selected

 
<>Forecasted Scope 1 Direct GHG Emissions provide Forecasted Total global Scope 1 emissions Metric Tonnes CO2 e

 
<>b Forecasted Total Scope 1 emissions Metric Tonnes CO2 e Annex B countries

 
<>By country Forecasted Scope 1 emissions Metric Tonnes CO2 e individual country Using methodology state emissions forecasts country NB practical list emissions country country basis list countries significant emissions context business combine remainder “ rest world” information format (e g Excel) attach
Country Scope 1 Emissions
(metric tonnes CO2-e)

 
<>Scope 2 Indirect GHG emissions provide c Forecasted total global Scope 2 emissions Metric Tonnes CO2 e

 
<>d Forecasted total Scope 2 emissions Metric Tonnes CO2 e Annex B countries

 
<>By country Forecasted Scope 2 emissions Metric Tonnes CO2 e individual country
Country Scope 2 Emissions
(metric tonnes CO2-e)

 
<>Forecasted electricity consumptione Forecasted total global MWh purchased electricity

 
<>f Forecasted total MWh purchased electricity Annex B countries

 
<>By country – Forecasted MWh purchased electricity individual country
Country

 
<>g Forecasted total global MWh purchased electricity renewable sources

 
<>h Forecasted total MWh purchased electricity renewable sources Annex B countries

 
<>By country – Forecasted MWh purchased electricity renewable sources individual country
Country

 
<>Would like provide additional information relating question provided

 
4 - Governance
Question 4(a) Responsibility
<>Does Board Committee executive body overall responsibility climate change state overall responsibility climate change managed answer parts (i) (ii)
Yes, an executive body does have overall responsibility for climate change. 

 
<>i) Board Committee executive body overall responsibility climate change
Climate change global problem enormous impact company markets ArcelorMittal serves countries company operates initiatives exist today various levels ArcelorMittal Group reflect wide reaching implications climate change improve coordination develop systematic approach established multi disciplinary climate change steering committee includes regional heads senior management Purchasing Technology R& D International affairs corporate responsibility departments representatives corporate environment energy departments committee chaired Christophe Cornier member Group Management Board steering committee meet report Group Management Board regular basis Furthermore Group Management Board members indirect responsibility climate change past year President CEO Lakhsmi N Mittal spoke subject climate change ‘ Global Low Carbon Economy’ conference Brussels Gonzalo Urquijo member Group Management Board responsible Corporate Responsibility addressed climate change ‘ Corporate responsibility growth reduced risk’ audience 100 investors New York 2nd April 2008 addition Michel Wurth member Group Management Board responsible research development oversees development products considered value carbon constrained world

 
<>ii) mechanism Board executive body reviews company’ s progress status regarding climate change

 
<>Would like provide additional information relating question provided

 
Question 4(b) Individual Performance
<>Do assess provide incentive mechanisms individual management climate change issues including attainment GHG targets provide details
No, we do not. 

 
<>Would like provide additional information relating question provided
No 

 
Question 4(c) Communications
<>Please indicate publish information risks opportunities presented company climate change details GHG emissions plans reduce emissions following communications i) company’ s Annual Report statutory filings
Yes 
overview ArcelorMittal’ s response climate change challenge presented Group’ s Annual Reports Activity Reports Climate change risks particularly related operations EU ETS addressed Group’ s SEC filing 20F

 
<>ii) formal communications shareholders external parties
Yes 
addition publications detailed overview ArcelorMittal’ s response climate change challenge addressed investor roadshows Furthermore cliamte change addressed recent investor day presentation ‘ Corporate responsibility growth reduced risk’ Group Management Board audience 100 investors New York 2nd April 2008

 
<>iii) voluntary communications Corporate Social Responsibility reporting
Yes 
overview ArcelorMittal’ s response climate change challenge disclosed Group’ s stand CSR Review (published January 2008) Internal developments including roadmap actions taken short medium long term disclosed Group’ s Corporate Responsibility Report* Anticipated developments particularly target setting achievements published annually CSR review Corporate Responsibility report act Global Compact Communication Progress ArcelorMittal signatory Caring Climate * ArcelorMittal Corporate Responsibility report 2007 published www arcelormittal com week commencing July 2008

 
<>Would like provide additional information relating question provided

 
Question 4(d) Public Policy
<>Do engage policymakers possible responses climate change including taxation regulation carbon trading provide details
Yes 
global challenge climate change addressed global solutions product like steel freely traded important climate change policies create competition distortions need policies acceptable developed developing countries offer incentives energy efficiency innovation advocated adoption sectoral approach working International Iron & Steel Institute (IISI) taking forward dialogue extends European Union boundaries coordinated communication Canadian legislative bodies

 
<>Would like provide additional information relating question provided
No 

 
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