Potential offtaker

ArcelorMittal Hunedoara SA

www.arcelormittalhunedoara.ro

Estimated electricity consumption

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Countries of production presence

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ArcelorMittal Hunedoara SA is a Romanian company that operates in the Flat Rolled sector. The company is part of the global steel and mining conglomerate ArcelorMittal, which is the world's largest steel producer. ArcelorMittal Hunedoara SA is located in Hunedoara, Romania, and has been operating since 1962. The company's main products are hot-rolled and cold-rolled steel sheets, galvanized and pre-painted steel sheets, and tinplate.

ArcelorMittal Hunedoara SA is committed to decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions and is investing in renewable energy sources to achieve these targets. The company has a long-term goal of becoming a carbon-neutral company by 2050, and it is taking steps to achieve this goal.

One of the ways that ArcelorMittal Hunedoara SA is reducing its carbon footprint is by investing in corporate energy. The company is working to increase its energy efficiency and reduce its energy consumption. The company has implemented energy-saving measures, such as energy-efficient lighting and heating systems, and is investing in new technologies to reduce its energy consumption. The company is also working to reduce its reliance on fossil fuels and is investing in renewable energy sources.

ArcelorMittal Hunedoara SA is also exploring the use of corporate power purchase agreements (PPAs) to support its renewable energy goals. A PPA is a long-term contract between a company and a renewable energy supplier, which guarantees the purchase of renewable energy at a fixed price. PPAs can help companies to reduce their carbon footprint and support the development of renewable energy projects.

In 2020, ArcelorMittal Hunedoara SA signed a PPA with a Romanian renewable energy supplier to purchase 25% of its electricity from renewable sources. The PPA will help the company to reduce its carbon footprint and support the development of renewable energy projects in Romania.

ArcelorMittal Hunedoara SA is also investing in renewable energy projects to reduce its reliance on fossil fuels. The company is exploring the use of solar energy to power its operations and is investing in wind energy projects. The company is also exploring the use of hydrogen as a fuel source for its operations.

In addition to its commitment to decarbonisation and renewable energy, ArcelorMittal Hunedoara SA is also committed to sustainable development. The company is working to reduce its environmental impact and is implementing measures to reduce waste and improve resource efficiency. The company is also committed to social responsibility and is investing in the local community.

ArcelorMittal Hunedoara SA has implemented a number of initiatives to support the local community, including supporting education and training programs and investing in local infrastructure projects. The company is also committed to promoting diversity and inclusion in the workplace and has implemented policies to support this.

In conclusion, ArcelorMittal Hunedoara SA is a Romanian company that operates in the Flat Rolled sector. The company is committed to decarbonisation and reducing its carbon footprint. The company is investing in renewable energy sources, exploring the use of corporate PPAs, and implementing energy-saving measures to reduce its energy consumption. The company is also committed to sustainable development and social responsibility, and is investing in the local community.

✓ Declared Net Zero commitment