Angang Steel
Angang Steel Company Limited, commonly known as Angang Steel, is a prominent player in the steel manufacturing industry, headquartered in China (CN). Established in 1993, the company has grown to become one of the largest steel producers in the country, with significant operations in regions such as Liaoning and Hebei. Specialising in a diverse range of steel products, Angang Steel offers high-quality flat and long steel products, including hot-rolled and cold-rolled sheets, which are renowned for their durability and performance. The company’s commitment to innovation and sustainability has positioned it as a leader in the market, achieving notable milestones in production capacity and technological advancements. With a strong focus on meeting the demands of various industries, Angang Steel continues to enhance its market position, contributing significantly to both domestic and international steel markets.
DitchCarbon Score
How does Angang Steel'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
Angang Steel's score of 7 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Angang Steel's reported carbon emissions
In 2021, Angang Steel reported significant carbon emissions, with Scope 1 emissions totalling approximately 44,600,297,000 kg CO2e and Scope 2 emissions at about 6,283,858,000 kg CO2e. This data reflects the company's operational impact on climate change, with a combined total of around 50,884,155,000 kg CO2e for these two scopes. The company has not disclosed any emissions data for 2022, nor has it set specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction initiatives or SBTi targets indicates a potential area for improvement in their climate strategy. Angang Steel operates as a current subsidiary of Angang Steel Company Limited, which may influence its emissions reporting and climate commitments. However, no specific cascading data from the parent company regarding emissions or climate initiatives has been provided. Overall, while Angang Steel's emissions figures highlight its substantial carbon footprint, the lack of clear reduction strategies or commitments suggests that the company may need to enhance its approach to sustainability and climate action.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 43,913,259,000 | 00,000,000,000 |
| Scope 2 | 6,183,158,000 | 0,000,000,000 |
| Scope 3 | - | - |
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.
Angang Steel 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.
