Public Profile

Assab Group

Assab Group, a leading name in the tool steel industry, is headquartered in Singapore (SG) and operates across major regions including Europe and Asia. Founded in 1907, the company has established itself as a pioneer in the development and supply of high-quality tool steels and related services. Specialising in precision-engineered products, Assab Group offers a diverse range of tool steels, including cold work, hot work, and plastic mould steels, known for their exceptional performance and durability. Their commitment to innovation and quality has positioned them as a trusted partner for industries such as automotive, aerospace, and manufacturing. With a strong market presence and a reputation for excellence, Assab Group continues to achieve significant milestones, reinforcing its status as a key player in the global tool steel market.

DitchCarbon Score

How does Assab Group'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.

10

Industry Average

Mean score of companies in the Salt and Mineral Mining 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.

10

Industry Benchmark

Assab Group's score of 10 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

Assab Group's reported carbon emissions

In 2023, Assab Group reported total carbon emissions of approximately 420 kg CO2e across all scopes. This includes 420 kg CO2e from Scope 1, 420 kg CO2e from Scope 2, and 420 kg CO2e from Scope 3, which notably includes 7,500,000 kg CO2e attributed to purchased goods and services. In 2022, the company had slightly lower emissions, with total emissions of about 340 kg CO2e from Scope 1 and Scope 2 combined, and 260 kg CO2e from Scope 3. Assab Group has not disclosed any specific reduction targets or initiatives as part of their climate commitments. However, the company continues to monitor and report its emissions across all relevant scopes, indicating a commitment to transparency in its environmental impact. The emissions data reflects the company's ongoing efforts to understand and manage its carbon footprint, although further details on reduction strategies or climate pledges are currently unavailable.

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202120222023
Scope 1
340
000
000
Scope 2
340
000
000
Scope 3
340
000
000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Assab Group's primary industry is Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c., which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Assab Group is headquartered in SG, which has a rank of low, indicating low grid carbon 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.

Assab Group 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers