Aichi Steel Corporation
Aichi Steel Corporation, a prominent player in the steel industry, is headquartered in Japan and operates extensively across Asia and beyond. Founded in 1949, the company has established itself as a leader in the production of high-quality steel products, including specialty steels and automotive components. With a commitment to innovation, Aichi Steel has achieved significant milestones, such as advancements in steel manufacturing technologies that enhance product performance and sustainability. Their core offerings, which include high-strength steel and precision-engineered components, are distinguished by their exceptional durability and reliability, catering primarily to the automotive and industrial sectors. Recognised for its market position, Aichi Steel Corporation continues to drive growth through strategic partnerships and a focus on research and development, solidifying its reputation as a trusted supplier in the global steel market.
DitchCarbon Score
How does Aichi Steel Corporation'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
Aichi Steel Corporation's score of 25 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aichi Steel Corporation's reported carbon emissions
In 2023, Aichi Steel Corporation reported total carbon emissions of approximately 224,000 kg CO2e for Scope 1 and about 410,000 kg CO2e for Scope 2. The company also disclosed Scope 3 emissions, which included approximately 822,000 kg CO2e from purchased goods and services, 50,000 kg CO2e from capital goods, and 3,000 kg CO2e from employee commuting, among other categories. Over the years, Aichi Steel has shown fluctuations in emissions intensity, with a notable reduction in emissions intensity of production from about 436,000 kg CO2e per tonne in 2018 to approximately 2,750 kg CO2e per tonne in 2020. However, specific reduction targets or commitments, such as those aligned with the Science Based Targets initiative (SBTi), have not been disclosed. The company continues to focus on improving its emissions reporting and management practices, although no formal climate pledges or reduction initiatives have been documented. Aichi Steel's emissions data reflects its ongoing efforts to address climate change within the steel manufacturing sector, which is known for its significant carbon footprint.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 256,000 | 000,000 | 000,000 |
| Scope 2 | 378,000 | 000,000 | 000,000 |
| Scope 3 | 1,161,000 | 000,000,000 | 0,000,000 |
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.
Aichi Steel Corporation 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.
