Kobe Steel
Kobe Steel, officially known as Kobe Steel, Ltd., is a prominent Japanese company headquartered in Kobe, Japan. Established in 1905, it has evolved into a key player in the steel and engineering industries, with significant operations across Asia, North America, and Europe. The company is renowned for its production of high-quality steel products, aluminium, and copper, as well as its advanced machinery and engineering solutions. Kobe Steel's commitment to innovation is evident in its development of unique materials and technologies that cater to various sectors, including automotive, construction, and energy. With a strong market position, the company has achieved notable milestones, such as pioneering environmentally friendly manufacturing processes. As a trusted name in the industry, Kobe Steel continues to contribute to sustainable development while maintaining its reputation for excellence.
DitchCarbon Score
How does Kobe Steel's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Iron and Steel Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Kobe Steel's score of 33 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kobe Steel's reported carbon emissions
In 2023, Kobe Steel reported total carbon emissions of approximately 26,967,000,000 kg CO2e. This figure includes 14,700,000,000 kg CO2e from Scope 1 emissions, 900,000,000 kg CO2e from Scope 2 emissions, and significant contributions from Scope 3 emissions, particularly 18,480,000,000 kg CO2e from the use of sold products. The total emissions for 2022 were slightly lower at about 26,873,000,000 kg CO2e, with similar distributions across the scopes. Kobe Steel has committed to achieving carbon neutrality by 2050, as outlined in its Medium-Term Management Plan announced in May 2021. This commitment encompasses all scopes of emissions, reflecting a long-term strategy to address climate change comprehensively. The company has consistently disclosed emissions data across all three scopes, demonstrating transparency in its environmental impact. Notably, the emissions data is sourced directly from Kobe Steel, Ltd., with no cascading from a parent or related organization. Kobe Steel's ongoing efforts to reduce its carbon footprint align with industry standards and reflect a proactive approach to sustainability in the steel manufacturing sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Kobe Steel is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
