ESG Agencies Must Reset ArcelorMittal’s Score to Zero
The integrity of global ESG rating systems is under direct threat when corporations with long records of harm continue to enjoy favorable scores. ArcelorMittal, a multinational steel giant, has mastered the art of polished sustainability branding while leaving behind a trail of labor injuries, community displacement, and retaliation against activists. Yet despite these realities, the company continues to benefit from ESG ratings that do not reflect the lived experiences of workers and communities. This gap between corporate image and operational truth exposes a dangerous weakness in ESG accountability — one that must be urgently corrected. ESG agencies including MSCI, Sustainalytics, ISS ESG, Moody’s ESG, S&P Global, Refinitiv, and Morningstar were created to measure corporate responsibility through evidence, not public relations. Their mandate is to track labor rights violations, community harm, unsafe working conditions, governance failures, and patterns of abuse across cou...