Baosteel
Baosteel, officially known as Baoshan Iron & Steel Co., Ltd., is a leading player in the global steel industry, headquartered in Shanghai, China. Founded in 1978, the company has established itself as a key manufacturer of high-quality steel products, serving various sectors including automotive, construction, and energy. With a strong operational presence across Asia and beyond, Baosteel is renowned for its innovative production techniques and commitment to sustainability. The company offers a diverse range of core products, including hot-rolled and cold-rolled steel sheets, which are distinguished by their superior strength and durability. As one of the largest steel producers in the world, Baosteel has achieved significant milestones, including advancements in technology and environmental practices, solidifying its market position and reputation for excellence in the steel manufacturing sector.
DitchCarbon Score
How does Baosteel'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 Metal Fabrication 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
Baosteel's score of 30 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Baosteel's reported carbon emissions
In 2023, Baosteel reported total carbon emissions of approximately 10,617,000,000 kg CO2e, comprising 10,617,000,000 kg CO2e from Scope 1, 285,000,000 kg CO2e from Scope 2, and 2,753,000,000 kg CO2e from Scope 3 emissions. The company has demonstrated a commitment to reducing its carbon footprint, with a reported greenhouse gas emission intensity of about 2,040 kg CO2e per tonne of steel produced. Over the years, Baosteel has shown fluctuations in its emissions, with Scope 1 emissions peaking at approximately 10,418,000,000 kg CO2e in 2022 and Scope 2 emissions reaching about 402,000,000 kg CO2e in 2020. Despite these figures, there are currently no specific reduction targets or climate pledges disclosed by the company. Baosteel's emissions data reflects its ongoing efforts to address climate change within the iron and steel industry, although further commitments and targets would enhance its sustainability profile.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 9,768,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 402,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 3,436,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Baosteel is not committed to any reduction initiatives 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.
