ArcelorMittal's sustainability report for 2024 reveals the company's commitment to transitioning to direct iron reduction (DRI) steel production technologies based on hydrogen, carbon capture, utilization, and storage (CCUS). CEO Aditya Mittal emphasizes the need for supportive policies to overcome the economic challenges associated with these processes. The report indicates that the company aims to update its decarbonization forecasts once the political landscape stabilizes. ArcelorMittal has significantly reduced its operational emissions and invested $1 billion in decarbonization initiatives, including projects like electric arc furnaces, carbon capture, and renewable energy production. The company plans to focus on enhancing energy efficiency, clean energy provision, and diversifying metal supplies in the next five years while continuing the shift to electric arc furnaces. Long-term goals involve transitioning to low-emission cast iron production and implementing carbon capture and storage solutions. All decarbonization-related capital expenditures will be incorporated into the annual investment budget. This strategic roadmap outlines ArcelorMittal's positive stance on sustainability and environmental responsibility in the steel industry.