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Daido Steel Co., Ltd., commonly referred to as Daido Steel, is a prominent player in the basic iron and steel industry, headquartered in Japan. Established in 1916, the company has evolved into a leader in the production of ferro-alloys and various first products, serving key markets across Asia and beyond.
With a strong focus on innovation, Daido Steel offers a diverse range of core products, including high-quality steel materials and advanced alloys, which are renowned for their durability and performance. The company’s commitment to research and development has positioned it as a trusted supplier in sectors such as automotive, construction, and machinery.
Recognised for its excellence, Daido Steel has achieved significant milestones, solidifying its market position as a reliable source of superior steel solutions. Through its dedication to quality and sustainability, Daido Steel continues to set industry standards while meeting the evolving needs of its global clientele.
28
DitchCarbon score
+11 vs industry average
Daido Steel Co’s score of 28 is higher than 52% 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 – 2029
2020202120222023202420252026202720282029
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.
Daido Steel Co's reported carbon emissions
Daido Steel Co., a basic iron and steel and ferro-alloys manufacturer based in JP, has established climate commitments aimed at reducing its carbon footprint. The company intends to achieve carbon neutrality by 2050.
In terms of emissions, Daido Steel Co. reported the following:
- In 2024, combined Scope 1 and 2 emissions were approximately 990 million kg CO2e. Scope 3 emissions totalled approximately 1.368 billion kg CO2e, with significant contributions from purchased goods and services (approximately 1.043 billion kg CO2e), fuel and energy-related activities (approximately 179 million kg CO2e), capital goods (approximately 73 million kg CO2e), upstream transportation and distribution (approximately 15 million kg CO2e), and waste generated in operations (approximately 6 million kg CO2e).
- For 2025, projected Scope 1 and 2 emissions are approximately 940 million kg CO2e.
- For 2026, projected Scope 1 and 2 emissions are approximately 920 million kg CO2e.
Historical Scope 1 and 2 emissions include:
- 2013: approximately 1.42 billion kg CO2e
- 2014: approximately 1 billion kg CO2e
- 2015: approximately 900 million kg CO2e
- 2016: approximately 800 million kg CO2e
- 2017: approximately 750 million kg CO2e
- 2018: approximately 724 million kg CO2e
Historical Scope 3 emissions include:
- 2019: approximately 1.417 billion kg CO2e
- 2020: approximately 1.898 billion kg CO2e
- 2021: approximately 1.451 billion kg CO2e
- 2022: approximately 1.441 billion kg CO2e
- 2023: approximately 1.103 billion kg CO2e
Daido Steel Co. has set several near-term reduction targets for 2030, compared to a 2013 baseline:
- Scope 1: A 50% reduction in CO2 emissions. Initiatives include expanding high-efficiency combustion technology and implementing heat exhaust recovery technology.
- Scope 2: A 50% reduction in CO2 emissions. The company plans to switch to CO2-free power sources.
The company aims to achieve carbon neutrality across all scopes by 2050, aligning with the development of decarbonisation technologies and infrastructure.
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Daido Steel Co’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
5 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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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
Daido Steel Co8 months ago
28
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