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OrganisationsCITIC Pacific Special Steel Group Co Ltd
CITIC Pacific Special Steel Group Co Ltd logo

CITIC Pacific Special Steel Group Co Ltd

Nickel MiningChina
Last verified 3 days agociticsteel.com

CITIC Pacific Special Steel Group Co Ltd, a prominent player in the nickel ores and concentrates industry, is headquartered in China (CN). Established in 2006, the company has rapidly evolved, focusing on the production and supply of high-quality nickel ores and concentrates, which are essential for various industrial applications.

With operations primarily in key regions across China, CITIC Pacific Special Steel has carved a niche in the market by offering unique products that meet stringent quality standards. The company is recognised for its commitment to innovation and sustainability, positioning itself as a leader in the sector. Notable achievements include significant contributions to the steel manufacturing supply chain, reinforcing its status as a trusted supplier in the global market.

19
DitchCarbon score

+5 vs industry average

CITIC Pacific Special Steel Group Co Ltd’s score of 19 is higher than 61% 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

High

Nickel Mining has above-average carbon intensity

Industry performance

0.925
20182025

The Nickel Mining industry has reduced its overall emissions by 45% since 2018

Emissions trajectory 2020 – 2026

00.0B00.0B00.0B00.0B0

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2020202120222023202420252026

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.

CITIC Pacific Special Steel Group Co Ltd's reported carbon emissions

CITIC Pacific Special Steel Group Co. Ltd. reported total emissions of approximately 41,789,357,000 kg CO2e for the year 2023. This figure encompasses Scope 1 emissions, totalling approximately 35,633,457,000 kg CO2e, and Scope 2 emissions, amounting to approximately 3,076,899,980 kg CO2e. The company has not disclosed Scope 3 emissions data for this period.

The company has set ambitious climate goals, aiming for carbon neutrality by 2060. As part of this long-term strategy, CITIC Pacific Special Steel Group intends to reduce its carbon emissions by approximately 80% compared to its peaking level. Furthermore, a target has been established to achieve a 20% reduction in carbon emissions intensity by 2035, relative to its peak year.

While no emissions data cascade from a parent organisation has been identified, CITIC Pacific Special Steel Group Co. Ltd. is recognised as a participant in the CDP (Carbon Disclosure Project) initiative.

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CITIC Pacific Special Steel Group Co Ltd’s Climate Goals (2030 & 2050)

2 goals

2060

80% reduction in all scopes

The objective is to reduce carbon emissions by around 80% compared to the peaking level, while fully integrating with society for carbon emi…

Insufficient data80%

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%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
CITIC Pacific Special Steel Group Co Ltd logoCITIC Pacific Special Steel Group Co Ltd
CNNickel Mining
3 days ago
19
Thyssenkrupp AG logoThyssenkrupp AG
DEConstruction Work
6 days ago
74
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United States Steel logoUnited States Steel
USMotor Vehicle Manufacturing
6 days ago
44
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Nippon Steel logoNippon Steel
JPIron and Steel Production
6 days ago
41
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Posco logoPosco
KRIron and Steel Production
6 days ago
40
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Arcelormittal logoArcelormittal
LUIron and Steel Production
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China Minmetals logoChina Minmetals
CNBusiness Services
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