 "climate change")
Global steel major ArcelorMittal is trying to reel in climate technology start-ups from India to come up with ideas for its and ArcelorMittal Nippon Steel India’s (AM/NS India’s) decarbonisation journey.
The world’s second-largest steelmaker has a global innovation fund, called XCarb, to help navigate its climate journey. And now it has launched its first country-specific accelerator programme directed at India.
“It’s related to our growth plans and strategic view of the country,” says Irina Gorbounova, head, XCarb Innovation Fund.
Steel has a significant carbon footprint and ArcelorMittal has pledged to reduce carbon emissions by 25 per cent per tonne of
