Nucor
Nucor Corporation, a leading player in the steel industry, is headquartered in the United States, with significant operations across various regions, including the Midwest and Southeast. Founded in 1905, Nucor has established itself as a pioneer in the production of steel and steel products, utilising innovative technologies and sustainable practices. The company is renowned for its diverse range of core products, including rebar, sheet steel, and structural steel, which are distinguished by their high quality and eco-friendly manufacturing processes. Nucor's commitment to sustainability and efficiency has positioned it as a market leader, consistently ranking among the top steel producers in North America. With a focus on customer satisfaction and continuous improvement, Nucor remains a formidable force in the global steel market.
DitchCarbon Score
How does Nucor'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
Nucor'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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Nucor's reported carbon emissions
In 2023, Nucor Corporation reported total carbon emissions of approximately 20,800,000,000 kg CO2e, comprising 6,800,000,000 kg CO2e from Scope 1, 5,700,000,000 kg CO2e from Scope 2, and 8,300,000,000 kg CO2e from Scope 3 emissions. This marked a significant increase from 2022, when total emissions were about 15,700,000,000 kg CO2e, with Scope 1 at 4,300,000,000 kg CO2e, Scope 2 at 4,700,000,000 kg CO2e, and Scope 3 at 6,700,000,000 kg CO2e. Nucor has set ambitious climate commitments, aiming for a 35% reduction in combined Scope 1 and Scope 2 greenhouse gas intensity by 2030, using a 2015 baseline. Additionally, the company is committed to reducing its Scope 1 and Scope 2 emissions to near zero by the middle of this decade (2023-2025). Looking further ahead, Nucor has established a net-zero target for all scopes (1, 2, and 3) by 2050, aligned with the emission standards developed by the Global Steel Climate Council, which Nucor helped to establish. The company’s production emissions intensity is reported at approximately 1,050 kg CO2e per tonne of steel produced for Scope 1 and 2 combined. Nucor's ongoing efforts reflect a strong commitment to sustainability and reducing its carbon footprint in the steel industry.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 4,391,306,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | 0,000,000,000 | 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.
Nucor 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.
