Ref. Ares(2020)5071176 - 28/09/2020
CAB DOMBROVSKIS CONTACT
FW: ArcelorMittal Europe published its first Climate Action Report
vendredi 3 juillet 2020 13:11:33
Friday, July 3, 2020 1:08 PM
DOMBROVSKIS Valdis (CAB-DOMBROVSKIS)
ArcelorMittal Europe published its first Climate Action Report
Dear Executive Vice-President Dombrovskis,
I would like to take this opportunity to share with you that ArcelorMittal Europe
published its first Climate Action Report on June 25th 2020; following up on the bold
commitment that we made in 2019 to reduce CO2 emissions by 30% by 2030, with a
further ambition to be carbon neutral by 2050. I believe that as Europe’s leading steel
company, it is our responsibility to make these commitments and to play a significant
role in supporting the EU’s Green Deal and the Paris Agreement.
However, the right market conditions need to be in place for the transition to carbon-
Carbon-neutral steel being more competitive than steel which is not carbon neutral.
A fair competitive landscape addressing domestic, import and export steel dynamics and
the distinction between primary and secondary sources to make steel.
Access to sustainable finance, to innovate and make long-term investments.
Access to affordable clean energy.
Public instruments to accelerate innovative technology deployment.
The work to achieve our carbon goals is already underway. For the last few years we
have been testing the technologies required to make the transition to carbon-neutral
steelmaking as identified in our first global climate action report published last year.
As we pioneer breakthrough carbon-neutral routes for steelmaking, it is crucial that the
European Union and Member States support us on this journey with the right policies to
enable further progress. I believe that with the right tools it is possible to make steel
without carbon emissions in the long-term and that our industry can play a leading role
in achieving the aims of the Green Deal. I would also like to reiterate that an effective
Carbon Border Adjustment mechanism complementary to free allocation and indirect
cost compensation should be introduced in the European Union. This would ensure that
EU-produced steel and imported steel would have an equal carbon cost.
I would therefore like to share with you ArcelorMittal’s Climate Action in Europe 2020
report which was published on 25th June. The report sets out the steps we need to take
to achieve our common goal of carbon neutrality and the elements that need to be in
place to ensure our success.
I very much look forward to our meeting on 14th July where I hope we can discuss this
: This e-mail transmission is strictly confidential and intended solely for the addressee. It may
contain privileged and confidential information.If you are not the intended recipient, you must not copy or
distribute it. If you have received this e-mail in error, please notify the sender and delete the e-mail
transmission immediately.Security, viruses and privacy
: Connections via the Internet are not secure unless otherwise stated.
Consequently, we cannot accept legal responsibility for the contents of this message. Although we operate
anti-virus scanners, we do not accept responsibility for any damage caused by viruses being passed. We
reserve the right to read any e-mail or attachment entering or leaving our systems from any source without
prior notice.ArcelorMittal Limited
is registered as a Limited Company in England and Wales under number 03335595.
Registered Office: 7th Floor, Berkeley Square House, Berkeley Square, London W1J 6DA.
Electronically signed on 28/09/2020 13:43 (UTC+02) in accordance with article 11 of Commission Decision C(2020) 4482