Marubeni-Itochu Steel Inc., a prominent player in the steel industry, is headquartered in Japan and operates extensively across Asia, Europe, and North America. Founded in 2003, the company emerged from a strategic partnership between Marubeni Corporation and Itochu Corporation, leveraging their extensive networks and expertise in steel trading and manufacturing. Specialising in a diverse range of steel products, including flat and long steel, Marubeni-Itochu Steel distinguishes itself through its commitment to quality and innovation. The company has achieved significant milestones, establishing a strong market position as a reliable supplier to various sectors, including construction, automotive, and energy. With a focus on sustainability and advanced technology, Marubeni-Itochu Steel continues to enhance its offerings, solidifying its reputation as a leader in the global steel market.
How does MARUBENI-ITOCHU STEEL INC'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.
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.
MARUBENI-ITOCHU STEEL INC's score of 17 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, MARUBENI-ITOCHU STEEL INC reported total carbon emissions of approximately 70,717,000 kg CO2e. This figure includes about 19,926,000 kg CO2e from Scope 1 emissions and approximately 50,791,000 kg CO2e from Scope 2 emissions. The company's emissions have shown an upward trend over the past few years, with total emissions increasing from about 59,000,000 kg CO2e in 2021 to approximately 64,105,000 kg CO2e in 2022. In 2020, the total emissions were about 55,000,000 kg CO2e, with Scope 1 and Scope 2 emissions combined reaching approximately 79,414,000 kg CO2e. Despite the increase in emissions, there are currently no publicly disclosed reduction targets or climate pledges from MARUBENI-ITOCHU STEEL INC. The absence of specific reduction initiatives or commitments may reflect broader industry challenges in addressing carbon emissions effectively. The company continues to operate within a global context where many organisations are striving to enhance their sustainability practices and reduce their carbon footprints.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 15,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 40,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - |
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.
MARUBENI-ITOCHU STEEL INC 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.