ArcelorMittal Launches ‘Green Steel’ Carbon Offset Program
- Certificates allow buyers to reduce their Scope 3 emissions
- Green vouchers tied to steelmaker’s own low-carbon projects
Photographer: Ioana Epure/Bloomberg
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ArcelorMittal SA is offering certificates that allow customers to reduce their carbon footprint through the steel giant’s own emission cutting projects.
The program, named “XCarb green steel certificates,” allows buyers to purchase the vouchers along with their physical steel orders that can help offset Scope 3 emissions -- the pollution created when customers process raw materials.