Baosteel
Baosteel, officially known as Baoshan Iron & Steel Co., Ltd., is a leading player in the global steel industry, headquartered in Shanghai, China. Founded in 1978, the company has established itself as a key manufacturer of high-quality steel products, serving various sectors including automotive, construction, and energy. With a strong operational presence across Asia and beyond, Baosteel is renowned for its innovative production techniques and commitment to sustainability. The company offers a diverse range of core products, including hot-rolled and cold-rolled steel sheets, which are distinguished by their superior strength and durability. As one of the largest steel producers in the world, Baosteel has achieved significant milestones, including advancements in technology and environmental practices, solidifying its market position and reputation for excellence in the steel manufacturing sector.
DitchCarbon Score
How does Baosteel'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 Metal Fabrication 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
Baosteel's score of 30 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Baosteel's reported carbon emissions
In 2023, Baosteel reported total carbon emissions of approximately 10,781,000 kg CO2e, with emissions distributed across various scopes: 106,170 kg CO2e from Scope 1, 2,850 kg CO2e from Scope 2, and 27,530 kg CO2e from Scope 3. The Scope 3 emissions included significant contributions from purchased goods and services (18,760 kg CO2e) and the use of sold products (1,120 kg CO2e). In previous years, Baosteel's emissions were as follows: in 2022, total emissions were about 123,347,506,860 kg CO2e, with Scope 1 at 104,180 kg CO2e, Scope 2 at 3,380 kg CO2e, and Scope 3 at 34,090 kg CO2e. The trend shows a slight decrease in total emissions from 2021, where they reported approximately 12,588,792,000 kg CO2e. Despite these figures, Baosteel has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. The company operates within the iron and steel industry, which is known for its significant carbon footprint, and is expected to align with global efforts to reduce greenhouse gas emissions.
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Get Started| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 97,680 | 00,000 | 000,000 | 000,000 |
| Scope 2 | 4,020 | 0,000 | 0,000 | 0,000 |
| Scope 3 | 34,360 | 00,000 | 00,000 | 00,000 |
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.
Baosteel 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.
