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The ACT assessments are generated using the ACT Aluminium, Cement, and Iron & Steel methodologies. Read more below:

The overall assessment score based on the ACT methodology will consist of performance, narrative and trend scores:

  • The performance score – a number from 1 (lowest) to 20 (highest) represents a company’s performance across key levers for the low-carbon transition. 
  • The narrative score – a letter from A (highest) to E (lowest) – represents a company’s state of alignment with the Paris Agreement goals. 
  • The trend score – “+” for improving, “=” for remaining the same, or “-” for worsening – signals the near-term movement in the company’s alignment with the low-carbon economy. 

Ranking overview

91 companies

Total score out of 100 ACT out of 60 Core social indicators out of 20 Just transition out of 20
1 Cemex
Total score 56.4 /100
ACT 40.6 /60
Core social indicators 14.0 /20
Just transition 1.9 /20
2 CRH
Total score 49.8 /100
ACT 37.6 /60
Core social indicators 11.0 /20
Just transition 1.3 /20
3 Heidelberg Materials
Total score 46.5 /100
ACT 37.1 /60
Core social indicators 7.5 /20
Just transition 1.9 /20
4 Votorantim Cimentos
Total score 41.5 /100
ACT 36.5 /60
Core social indicators 5.0 /20
Just transition 0.0 /20
5 Asia Cement
Total score 40.3 /100
ACT 36.3 /60
Core social indicators 4.0 /20
Just transition 0.0 /20
6 POSCO
Total score 44.5 /100
ACT 33.0 /60
Core social indicators 9.0 /20
Just transition 2.5 /20
- SSAB
Total score 38.0 /100
ACT 33.0 /60
Core social indicators 5.0 /20
Just transition 0.0 /20
8 Siam Cement
Total score 42.3 /100
ACT 32.1 /60
Core social indicators 9.0 /20
Just transition 1.3 /20
9 Vicat
Total score 38.2 /100
ACT 30.7 /60
Core social indicators 5.0 /20
Just transition 2.5 /20
10 Voestalpine
Total score 36.8 /100
ACT 30.6 /60
Core social indicators 5.5 /20
Just transition 0.6 /20
11 Taiheiyo Cement
Total score 33.4 /100
ACT 30.3 /60
Core social indicators 2.5 /20
Just transition 0.6 /20
12 Gerdau
Total score 39.5 /100
ACT 30.1 /60
Core social indicators 7.5 /20
Just transition 1.9 /20
13 Holcim
Total score 47.3 /100
ACT 29.9 /60
Core social indicators 13.0 /20
Just transition 4.4 /20
- Nucor
Total score 33.4 /100
ACT 29.9 /60
Core social indicators 3.5 /20
Just transition 0.0 /20
15 Steel Dynamics
Total score 34.8 /100
ACT 29.8 /60
Core social indicators 5.0 /20
Just transition 0.0 /20
16 Dalmia Bharat
Total score 31.0 /100
ACT 29.2 /60
Core social indicators 0.5 /20
Just transition 1.3 /20
17 JSW Steel
Total score 41.7 /100
ACT 29.0 /60
Core social indicators 12.0 /20
Just transition 0.6 /20
18 Taiwan Cement
Total score 34.9 /100
ACT 28.3 /60
Core social indicators 6.0 /20
Just transition 0.6 /20
19 SIG
Total score 32.5 /100
ACT 27.9 /60
Core social indicators 4.5 /20
Just transition 0.0 /20
20 thyssenkrupp
Total score 35.9 /100
ACT 27.5 /60
Core social indicators 6.5 /20
Just transition 1.9 /20
21 Hyundai Steel
Total score 38.2 /100
ACT 27.1 /60
Core social indicators 10.5 /20
Just transition 0.6 /20
22 Norsk Hydro
Total score 46.6 /100
ACT 26.5 /60
Core social indicators 17.0 /20
Just transition 3.1 /20
23 Titan Cement
Total score 33.2 /100
ACT 26.0 /60
Core social indicators 6.5 /20
Just transition 0.6 /20
24 Siam City Cement
Total score 30.6 /100
ACT 25.6 /60
Core social indicators 5.0 /20
Just transition 0.0 /20
25 Salzgitter
Total score 28.6 /100
ACT 24.7 /60
Core social indicators 2.0 /20
Just transition 1.9 /20
- U.S. Steel
Total score 31.4 /100
ACT 24.7 /60
Core social indicators 5.5 /20
Just transition 1.3 /20
27 China Steel
Total score 27.6 /100
ACT 23.6 /60
Core social indicators 1.5 /20
Just transition 2.5 /20
28 ArcelorMittal
Total score 35.3 /100
ACT 23.5 /60
Core social indicators 5.0 /20
Just transition 6.9 /20
29 Cementos Argos
Total score 31.7 /100
ACT 22.9 /60
Core social indicators 7.5 /20
Just transition 1.3 /20
- Rio Tinto
Total score 36.6 /100
ACT 22.9 /60
Core social indicators 12.5 /20
Just transition 1.3 /20
31 Tata Steel
Total score 30.3 /100
ACT 22.7 /60
Core social indicators 7.0 /20
Just transition 0.6 /20
32 JFE Holdings
Total score 33.7 /100
ACT 22.4 /60
Core social indicators 10.0 /20
Just transition 1.3 /20
33 Nippon Steel
Total score 27.1 /100
ACT 22.3 /60
Core social indicators 3.5 /20
Just transition 1.3 /20
34 Shree Cement
Total score 25.9 /100
ACT 21.9 /60
Core social indicators 4.0 /20
Just transition 0.0 /20
35 TPI Polene
Total score 23.3 /100
ACT 21.8 /60
Core social indicators 1.5 /20
Just transition 0.0 /20
36 Buzzi Unicem
Total score 24.8 /100
ACT 20.8 /60
Core social indicators 4.0 /20
Just transition 0.0 /20
37 Alcoa
Total score 31.1 /100
ACT 20.6 /60
Core social indicators 8.0 /20
Just transition 2.5 /20
38 Huaxin Cement
Total score 20.9 /100
ACT 20.4 /60
Core social indicators 0.5 /20
Just transition 0.0 /20
39 Kobelco
Total score 24.8 /100
ACT 20.3 /60
Core social indicators 4.5 /20
Just transition 0.0 /20
40 InterCement
Total score 24.3 /100
ACT 19.6 /60
Core social indicators 3.5 /20
Just transition 1.3 /20
41 South32
Total score 39.6 /100
ACT 19.0 /60
Core social indicators 10.5 /20
Just transition 10.0 /20
42 Rusal
Total score 21.9 /100
ACT 18.4 /60
Core social indicators 3.5 /20
Just transition 0.0 /20
43 Boral
Total score 24.3 /100
ACT 18.3 /60
Core social indicators 6.0 /20
Just transition 0.0 /20
44 UltraTech Cement
Total score 25.8 /100
ACT 17.6 /60
Core social indicators 7.0 /20
Just transition 1.3 /20
45 Hindalco
Total score 25.2 /100
ACT 17.5 /60
Core social indicators 6.5 /20
Just transition 1.3 /20
46 Vedanta Resources
Total score 26.7 /100
ACT 15.3 /60
Core social indicators 7.0 /20
Just transition 4.4 /20
47 Severstal
Total score 18.1 /100
ACT 13.6 /60
Core social indicators 4.5 /20
Just transition 0.0 /20
48 NLMK
Total score 23.2 /100
ACT 13.3 /60
Core social indicators 8.0 /20
Just transition 1.9 /20
49 Ternium
Total score 21.1 /100
ACT 13.2 /60
Core social indicators 6.0 /20
Just transition 1.9 /20
50 Martin Marietta
Total score 17.1 /100
ACT 12.5 /60
Core social indicators 4.0 /20
Just transition 0.6 /20
51 UNACEM
Total score 15.9 /100
ACT 11.9 /60
Core social indicators 4.0 /20
Just transition 0.0 /20
52 Evraz
Total score 18.9 /100
ACT 11.8 /60
Core social indicators 6.5 /20
Just transition 0.6 /20
- Nanjing Iron & Steel
Total score 11.8 /100
ACT 11.8 /60
Core social indicators 0.0 /20
Just transition 0.0 /20
54 Baowu
Total score 14.5 /100
ACT 11.5 /60
Core social indicators 0.5 /20
Just transition 2.5 /20
55 Arconic
Total score 19.7 /100
ACT 11.2 /60
Core social indicators 6.0 /20
Just transition 2.5 /20
56 Anhui Conch Cement
Total score 12.3 /100
ACT 10.8 /60
Core social indicators 1.5 /20
Just transition 0.0 /20
- China Shanshui Cement
Total score 11.8 /100
ACT 10.8 /60
Core social indicators 1.0 /20
Just transition 0.0 /20
58 Maanshan Iron & Steel
Total score 11.5 /100
ACT 10.5 /60
Core social indicators 1.0 /20
Just transition 0.0 /20
59 Ramco Cements
Total score 15.9 /100
ACT 10.4 /60
Core social indicators 5.5 /20
Just transition 0.0 /20
60 Emirates Global Aluminium
Total score 17.1 /100
ACT 10.3 /60
Core social indicators 5.5 /20
Just transition 1.3 /20
61 Ansteel
Total score 11.4 /100
ACT 10.2 /60
Core social indicators 0.5 /20
Just transition 0.6 /20
62 China Resources Building Materials Technology
Total score 10.5 /100
ACT 9.9 /60
Core social indicators 0.5 /20
Just transition 0.0 /20
63 Dangote Cement
Total score 13.6 /100
ACT 8.9 /60
Core social indicators 3.5 /20
Just transition 1.3 /20
64 SAIL
Total score 11.9 /100
ACT 8.8 /60
Core social indicators 2.5 /20
Just transition 0.6 /20
65 CNBM
Total score 8.4 /100
ACT 8.4 /60
Core social indicators 0.0 /20
Just transition 0.0 /20
66 CITIC Pacific Special Steel
Total score 9.0 /100
ACT 8.0 /60
Core social indicators 1.0 /20
Just transition 0.0 /20
67 Metinvest
Total score 14.2 /100
ACT 7.9 /60
Core social indicators 5.0 /20
Just transition 1.3 /20
68 Century Aluminum
Total score 11.7 /100
ACT 7.7 /60
Core social indicators 4.0 /20
Just transition 0.0 /20
- China Hongqiao
Total score 8.8 /100
ACT 7.7 /60
Core social indicators 0.5 /20
Just transition 0.6 /20
70 Shagang
Total score 2.6 /100
ACT 2.6 /60
Core social indicators 0.0 /20
Just transition 0.0 /20
71 Hunan Valin Steel
Total score 2.0 /100
ACT 2.0 /60
Core social indicators 0.0 /20
Just transition 0.0 /20
72 Shougang
Total score 1.9 /100
ACT 1.9 /60
Core social indicators 0.0 /20
Just transition 0.0 /20
73 Hanwa
Total score 2.1 /100
ACT 1.1 /60
Core social indicators 1.0 /20
Just transition 0.0 /20
- Tsingshan Holding
Total score 1.1 /100
ACT 1.1 /60
Core social indicators 0.0 /20
Just transition 0.0 /20
75 Hesteel
Total score 1.0 /100
ACT 1.0 /60
Core social indicators 0.0 /20
Just transition 0.0 /20
- Xinyu Iron & Steel
Total score 1.0 /100
ACT 1.0 /60
Core social indicators 0.0 /20
Just transition 0.0 /20
77 Guangxi Shenglong Metallurgical
Total score 0.9 /100
ACT 0.9 /60
Core social indicators 0.0 /20
Just transition 0.0 /20
- Hebei Jingye Group
Total score 0.9 /100
ACT 0.9 /60
Core social indicators 0.0 /20
Just transition 0.0 /20
79 Baotou Steel
Total score 0.8 /100
ACT 0.8 /60
Core social indicators 0.0 /20
Just transition 0.0 /20
- Donghai Special Steel
Total score 0.8 /100
ACT 0.8 /60
Core social indicators 0.0 /20
Just transition 0.0 /20
- Liuzhou Iron & Steel
Total score 0.8 /100
ACT 0.8 /60
Core social indicators 0.0 /20
Just transition 0.0 /20
- Rizhao Steel
Total score 0.8 /100
ACT 0.8 /60
Core social indicators 0.0 /20
Just transition 0.0 /20
- Xinhua Metallurgical
Total score 0.8 /100
ACT 0.8 /60
Core social indicators 0.0 /20
Just transition 0.0 /20
84 BBMG
Total score 2.1 /100
ACT 0.4 /60
Core social indicators 0.5 /20
Just transition 1.3 /20
85 Yatai Building Materials
Total score 0.3 /100
ACT 0.3 /60
Core social indicators 0.0 /20
Just transition 0.0 /20
86 Shandong Iron & Steel Group
Total score 0.2 /100
ACT 0.2 /60
Core social indicators 0.0 /20
Just transition 0.0 /20
87 BUA Cement
Total score 2.6 /100
ACT 0.1 /60
Core social indicators 2.5 /20
Just transition 0.0 /20
88 CHALCO
Total score 1.0 /100
ACT 0.0 /60
Core social indicators 1.0 /20
Just transition 0.0 /20
- Cemros
Total score 0.0 /100
ACT 0.0 /60
Core social indicators 0.0 /20
Just transition 0.0 /20
- Delong Steel
Total score 0.0 /100
ACT 0.0 /60
Core social indicators 0.0 /20
Just transition 0.0 /20
- JiuQuan Iron and Steel Group
Total score 0.0 /100
ACT 0.0 /60
Core social indicators 0.0 /20
Just transition 0.0 /20