Sustainable Procurement Meets Coin Manufacturing

At the recent Coin Conference™, Monnaie de Paris (MdP) announced the latest initiative to improve the sustainability of circulating coinage, partnering with ArcelorMittal to use its XCarb® recycled and renewably produced steel for 1, 2, and 5 euro cent production. This marks the first time that low-carbon steel has been introduced into euro cent coin manufacturing and forms part of MdP's Ambition 2027 strategy to cut greenhouse gas emissions by 50% and advance circular manufacturing.

The lowest denominations are currently produced in high volumes using a carbon-intensive material, making them an attractive target for decarbonisation initiatives.

97% of MdP's carbon footprint comes from Scope 3 emissions, making the value chain a key decarbonisation lever. This includes packaging, transport, suppliers and – most relevant here – metal.