Company Directory - ArcelorMittal
Company Details - ArcelorMittal
ArcelorMittal
WebsiteLuxembourg City, Luxembourg
ArcelorMittal is a multinational steel manufacturing corporation and the world's largest steel producer. It operates in more than 60 countries, producing a broad range of steel products for industries such as automotive, construction, and packaging.
CCI Score
CCI Score: ArcelorMittal
13.09
-0.01%
Latest Event
ArcelorMittal PAC Contributions and Political Influence
Data from OpenSecrets reveals ArcelorMittal's political action committee contributions as reported to the FEC, raising concerns over the company's potential role in facilitating corporate influence in U.S. politics which may undermine democratic processes.
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SABOTEUR
ArcelorMittal is currently rated as a Saboteur.
Latest Events
- MAR192025
Data from OpenSecrets reveals ArcelorMittal's political action committee contributions as reported to the FEC, raising concerns over the company's potential role in facilitating corporate influence in U.S. politics which may undermine democratic processes.
-50
Political Contributions and Lobbying Efforts
March 20
ArcelorMittal is highlighted in the OpenSecrets PAC profile, indicating significant contributions and potential influence via its political action committees. Such financial engagements can be seen as facilitating a political environment conducive to authoritarian practices, undermining democratic accountability.
- MAR052025
ArcelorMittal's general director, Aditya Mittal, expressed his approval of the EU's decision to impose further cuts on steel imports as a countermeasure to Trump's tariffs. His statement, shared on LinkedIn, emphasized the need for rapid action to halt unfair trade practices and dumping, indirectly opposing authoritarian trade policies.
- JAN012025
ArcelorMittal emphasizes robust employee training, career development, and the support of freedom of association, as demonstrated on their People page. These efforts align with best practices in labor relations and human rights, highlighting a positive stance on protecting employee rights.
+75
Business Practices and Ethical Responsibility
March 20
ArcelorMittal's People page details extensive employee development programs, individual career planning, and adherence to collective labor agreements. This commitment to nurturing talent and protecting the right to freedom of association reflects a strong, positive approach to labor relations and human rights within the Business Practices and Ethical Responsibility category.
- JUL012024
ArcelorMittal released its annual UK Modern Slavery Act statement for 2023, detailing comprehensive measures to eliminate modern slavery and human trafficking within its business operations and supply chain. The statement outlines robust human rights policies, extensive employee training, and a stringent Code for Responsible Sourcing.
+90
Labor Relations and Human Rights Practices
July 1
ArcelorMittal's statement demonstrates a strong commitment to labor rights and human dignity. The company has implemented extensive training programs and adheres to rigorous human rights policies, which help to guard against modern slavery and other labor abuses.
+85
Supply Chain Ethics
July 1
The company enforces a strict Code for Responsible Sourcing and conducts thorough due diligence of its suppliers to prevent the use of forced or compulsory labor in its supply chain. These measures reflect a strong commitment to ethical supply chain practices.
- MAY232024
The report outlines measures taken by AMTB Canada, part of the ArcelorMittal Group, to prevent forced and child labour in its operations and supply chains. It details comprehensive human rights policies, mandatory employee training, supplier due diligence, and risk assessments to ensure compliance with international labor standards.
+80
Labor Relations and Human Rights Practices
March 20
The report provides detailed evidence of robust measures to prevent forced and child labour through a comprehensive Human Rights Policy, mandatory training, and active monitoring. This proactive approach significantly supports labor relations and human rights practices, earning a high positive score.
ARCELORMITTAL TAILORED BLANKS AMERICAS LIMITED - Fighting Against Forced and Child Labour
+75
Supply Chain Ethics
March 20
The document emphasizes rigorous supply chain ethics through supplier due diligence, adherence to a strict Code for Responsible Sourcing, and continuous monitoring to mitigate the risks of forced and child labour. This commitment underscores a positive stance on ethical sourcing.
ARCELORMITTAL TAILORED BLANKS AMERICAS LIMITED - Fighting Against Forced and Child Labour
- MAR142024
Lakshmi Niwas Mittal, the UK-based executive chairman of ArcelorMittal, donated ₹35 crore through electoral bonds. This controversial donation, made in his individual capacity, raises concerns about the influence of opaque political financing on democratic processes and potential indirect support for authoritarian practices.
-50
Political Contributions and Lobbying Efforts
March 20
The donation of ₹35 crore via electoral bonds by Lakshmi Niwas Mittal, a key executive of ArcelorMittal, contributes to an opaque political financing system that can undermine democratic accountability. The use of electoral bonds, a mechanism later deemed unconstitutional by the Supreme Court, is indicative of a distancing from transparent political engagement. This act is seen as a direct contribution to structures that could bolster authoritarian practices, thereby earning a negative score in the 'Political Contributions and Lobbying Efforts' category.
Electoral Bonds: Laxmi Mittal, Rahul Bhatia among top 10 individual political donors
- JAN032024
ArcelorMittal was identified in a report as one of the top corporates channeling political funding through trusts. Such practices raise concerns about corporate complicity in supporting political entities with authoritarian leanings, as these funds may bolster parties known for policies that undermine democratic norms.
-60
Political Contributions and Lobbying Efforts
January 3
The article highlights ArcelorMittal's role in channeling political donations via electoral trusts, associating it with parties that exhibit authoritarian tendencies. This involvement in politically charged financial practices contributes negatively to the company's overall complicity in fostering authoritarian influences.
- NOV162023
Global unions have criticized ArcelorMittal for neglecting worker safety and underinvesting in essential occupational health measures, following multiple fatal incidents and a failure to meaningfully engage with labor representatives.
-80
Labor Relations and Human Rights Practices
March 20
At a global union meeting held on November 16-17, 2023, workers and their representatives highlighted ArcelorMittal's prioritization of financial objectives over worker health and safety. With a history of fatal incidents, including the tragic loss of lives at multiple sites, the company’s lack of adequate investment in occupational health and safety and its resistance to extending collective agreements demonstrate a serious neglect of labor rights and human safety.
Unions at ArcelorMittal demand that company puts workers first
- NOV012023
ArcelorMittal has published a comprehensive Human Rights Policy that outlines robust measures to respect and promote labor rights and human rights throughout its operations and supply chains. The policy commits to international standards, proactive due diligence, and effective grievance mechanisms to prevent human rights abuses, aligning the company with strong ethical responsibility.
+90
Labor Relations and Human Rights Practices
March 20
ArcelorMittal's Human Rights Policy demonstrates a strong commitment to labor rights and human rights practices. The company outlines clear measures to prevent adverse impacts on its workers and communities by adhering to international norms, implementing due diligence processes, and ensuring access to remedy in cases of non-compliance. This proactive stance supports worker rights and transparency, aligning well with anti-authoritarian and pro-human rights values.
+80
Supply Chain Ethics
March 20
The policy also emphasizes the integration of human rights assessments within the company's supply chains. By committing to identify, assess, and mitigate human rights risks in its operations and those of its suppliers, ArcelorMittal is taking steps to support ethical sourcing and responsible practices. This proactive approach reflects sound supply chain ethics that help prevent complicity in human rights abuses.
- JAN012023
ArcelorMittal has issued a detailed report outlining its measures to prevent forced and child labour within its operations and supply chain. The report highlights the implementation of robust human rights policies, codes of conduct, and due diligence processes aimed at mitigating the risk of abusive labor practices.
+80
Labor Relations and Human Rights Practices
March 20
ArcelorMittal’s comprehensive Human Rights Policy, Code of Business Conduct, and mandatory training programs demonstrate a strong commitment to preventing forced and child labour. These policies indicate an active stance in upholding worker rights and ethical labor practices.
+75
Supply Chain Ethics
March 20
The report details due diligence processes within ArcelorMittal’s supply chain, including supplier evaluations and adherence to ethical sourcing practices. While these measures are positive, the lack of full remedial actions—such as addressing loss of income for affected workers—suggests there is room for improvement in ensuring comprehensive supply chain ethics.
- FEB242022
A February 2022 report by FIDH and Justiça nos Trilhos highlights severe human rights and environmental abuses in the iron and steel supply chain, implicating ArcelorMittal for sourcing iron from abuse‐ridden mines in Brazil’s Carajás corridor. The findings call into question the company’s ethical due diligence and supply chain transparency.
-90
Supply Chain Ethics
March 20
The report documents significant human rights and environmental abuses in the iron and steel supply chain, specifically linking ArcelorMittal to sourcing iron from mines with documented labor and environmental violations in Brazil’s Carajás corridor. This raises serious concerns about the company’s adherence to ethical sourcing and supply chain transparency, thereby contributing to practices that align with trends seen in authoritarian economic collaborations.
Report reveals iron industry's human rights abuses in supply chain
- NOV292018
The United Steelworkers (USW) members overwhelmingly ratified a four-year labor agreement with ArcelorMittal USA, which includes increased wages, improved benefits, and stronger retirement provisions, marking a win for worker rights.
+85
Labor Relations and Human Rights Practices
March 20
The ratification of robust labor agreements at ArcelorMittal USA represents a significant positive step in enhancing labor relations and human rights practices. The improved wages, benefits, and job security provisions empower workers and counter exploitative practices, aligning with anti-fascist values by promoting fair labor standards and worker dignity.
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Industries
- 331110
- Iron and Steel Mills and Ferroalloy Manufacturing
- 331210
- Iron and Steel Pipe and Tube Manufacturing from Purchased Steel
- 331221
- Rolled Steel Shape Manufacturing
- 331120
- Steel Product Manufacturing from Purchased Steel