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Chongqing Iron & Steel Company Limited
Iron and Steel ProductionChina
Last verified 15 days agocqgt.cn
Chongqing Iron & Steel Company Limited, often referred to as Chongqing Steel, is a prominent player in the basic iron and steel industry, headquartered in Chongqing, China. Established in 1958, the company has evolved into a key manufacturer of high-quality iron and steel products, including ferro-alloys and various first products derived from these materials.
With a strong operational presence in the southwestern region of China, Chongqing Steel is renowned for its commitment to innovation and sustainability. The company’s core offerings include a diverse range of steel products that cater to construction, automotive, and machinery sectors, distinguished by their durability and performance.
Chongqing Iron & Steel has achieved significant milestones, solidifying its market position as a leading steel producer in the region, and continues to contribute to the advancement of the iron and steel industry through its focus on quality and technological development.
16
DitchCarbon score
-2 vs industry average
Chongqing Iron & Steel Company Limited’s score of 16 is lower than 40% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Iron and Steel Production is among the most carbon-intensive industries
Industry performance
2.965
20182025
The Iron and Steel Production industry has reduced its overall emissions by 27% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Chongqing Iron & Steel Company Limited's reported carbon emissions
Chongqing Iron & Steel Company Limited, based in CN and operating in the Basic iron and steel and of ferro-alloys and first products thereof industry, reported total emissions of approximately 11,605,195,000 kg CO2e in 2024. This includes approximately 11,813,841,000 kg CO2e from Scope 1 emissions and a Scope 2 total of approximately -208,646,000 kg CO2e. In 2023, the company's total emissions were approximately 15,640,240,000 kg CO2e, with Scope 1 emissions at approximately 15,460,987,000 kg CO2e and Scope 2 emissions at approximately 179,253,000 kg CO2e. For 2022, total emissions were about 13,434,587,000 kg CO2e, comprising approximately 12,901,331,000 kg CO2e from Scope 1 and around 533,256,000 kg CO2e from Scope 2. The company has a long-term commitment to achieving carbon neutrality by 2050 across all scopes.
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Chongqing Iron & Steel Company Limited’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
See details
Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Chongqing Iron & Steel Company Limited15 days ago
16
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