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 19 is higher than 58% 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 1,456,000 kg CO2e, comprising 224,000 kg CO2e from Scope 1, 410,000 kg CO2e from Scope 2, and 822,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from purchased goods and services (822,000 kg CO2e) and fuel and energy-related activities (114,000 kg CO2e). The total emissions from Scope 1 and 2 combined were about 634,000 kg CO2e. Comparatively, in 2022, the corporation's emissions were slightly lower, with total emissions of approximately 1,409,000 kg CO2e, including 222,000 kg CO2e from Scope 1, 394,000 kg CO2e from Scope 2, and 793,000 kg CO2e from Scope 3. This indicates a modest increase in emissions year-on-year. Aichi Steel Corporation has not publicly disclosed specific reduction targets or initiatives as part of its climate commitments. The company does not appear to have cascaded data from any parent organisation, and all reported emissions data is directly sourced from Aichi Steel Corporation itself. Overall, Aichi Steel Corporation's emissions profile reflects the challenges faced by the steel industry in reducing carbon footprints, particularly in Scope 3 emissions, which often represent the largest share of total emissions for manufacturing companies.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 222,000 | 000,000 |
| Scope 2 | 394,000 | 000,000 |
| Scope 3 | 793,000 | 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.
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.
