China Baowu Steel Group Co.,Ltd
China Baowu Steel Group Co., Ltd., commonly referred to as Baowu Steel, is a leading player in the global steel industry, headquartered in China. Established in 2016 through the merger of Baosteel Group and Wuhan Iron and Steel Corporation, the company has rapidly ascended to become the largest steel producer in the world, with significant operations across various regions in China and beyond. Specialising in the production of high-quality steel products, Baowu Steel offers a diverse range of services, including steel manufacturing, processing, and distribution. Its commitment to innovation and sustainability sets it apart, as the company invests heavily in advanced technologies and eco-friendly practices. With a strong market position, Baowu Steel has achieved numerous accolades, reinforcing its reputation as a cornerstone of the steel industry.
DitchCarbon Score
How does China Baowu Steel Group Co.,Ltd'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 Business Services 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
China Baowu Steel Group Co.,Ltd's score of 26 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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China Baowu Steel Group Co.,Ltd's reported carbon emissions
China Baowu Steel Group Co., Ltd, headquartered in CN, currently does not provide specific carbon emissions data for the most recent year, nor does it have documented reduction targets or climate pledges. The absence of emissions data suggests that the company may not have publicly disclosed its carbon footprint, which typically includes Scope 1, 2, and 3 emissions. As of now, there are no significant reduction initiatives or commitments reported by China Baowu Steel Group. The company does not appear to inherit emissions data from any parent or related organizations, indicating that its climate strategy and performance metrics are independently managed. In the context of the steel industry, which is known for its substantial carbon emissions, it is crucial for companies like China Baowu Steel Group to establish clear climate commitments and reduction targets to align with global sustainability goals. Without specific data or initiatives, the company may face challenges in demonstrating its commitment to reducing its environmental impact.
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.
China Baowu Steel Group Co.,Ltd is participating in some 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.
