Angang Steel Sustainability Profile
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 80% 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 emissions data for 2022 is currently unavailable, and no specific reduction targets or climate pledges have been disclosed by the company. Angang Steel's emissions data is cascaded from its parent company, Angang Steel Company Limited, indicating a corporate family relationship that influences its reporting. The company has not specified any Scope 3 emissions, nor has it set any formal reduction initiatives or targets under frameworks such as the Science Based Targets initiative (SBTi). The steel industry is known for its high carbon footprint, and Angang Steel's reported emissions highlight the ongoing challenges faced by the sector in addressing climate change. As a current subsidiary, Angang Steel is part of a broader industry context that is increasingly scrutinised for its environmental impact and is expected to adopt more robust climate commitments in the future.
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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 | - | - |
How Carbon Intensive is Angang Steel's Industry?
How Carbon Intensive is Angang Steel's Location?
Angang Steel's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Angang Steel has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
