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.
+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
Nickel Mining has above-average carbon intensity
Industry performance
The Nickel Mining industry has reduced its overall emissions by 45% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
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 goals2060
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…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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