ArcelorMittal Brasil’s environmental policy provides for the management and reduction of CO2 emissions, where technically and economically feasible. The Company develops Clean Development Mechanisms (CDM) programs in line with the recommendations set forth in the Kyoto Protocol. One example is the trading of carbon credits.
In 2011, ArcelorMittal Tubarão received the approval of the UNFCCC to trade a second lot of carbon credits relative to the electric energy cogeneration project through the reuse of steelwork off-gas. The Europe-based bank Kreditanstalf fuer Wiederaufbau (KfW) acquired credits of approximately 140 thousand tons of CO2, resulting from the reduction in greenhouse gas emissions between 2007 and 2009, worth R$ 3.34 mi.
For a 1,170-km coastal route, the use of barges not only reduces costs by about 60% but also makes for a cleaner means of transport, since cabotage emits fewer greenhouse gases than road transportation.
In addition, the Company has acted proactively with the Brazilian Institute for Steel – IABr – to go beyond the commitments of the Kyoto Protocol. In 2012, ArcelorMittal adhered to the Charcoal Sustainability Protocol – a commitment undertaken by the companies associated with the IABr vis-à-vis the Environment Ministry and the Ministry of Development, Industry and International Trade – which purports to achieve 100% of planted forests to meet the demand of charcoal, among other goals.