Daido Steel Co
Daido Steel Co., Ltd., commonly referred to as Daido Steel, is a prominent player in the global steel industry, headquartered in Japan. Established in 1916, the company has evolved into a leader in the production of high-quality steel products, particularly in the fields of special steel and alloy materials. With major operations across Asia, Europe, and North America, Daido Steel serves a diverse range of sectors, including automotive, aerospace, and machinery. The company is renowned for its innovative core products, such as high-strength steel and precision-engineered components, which are distinguished by their exceptional durability and performance. Daido Steel's commitment to research and development has positioned it as a market leader, achieving notable milestones in sustainability and technological advancement. With a strong reputation for quality and reliability, Daido Steel continues to shape the future of the steel industry.
DitchCarbon Score
How does Daido Steel Co'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 Iron and Steel Production 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
Daido Steel Co's score of 22 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Daido Steel Co's reported carbon emissions
In 2023, Daido Steel Co reported total carbon emissions of approximately 3,000,000,000 kg CO2e. This figure includes 1,473,000,000 kg CO2e from Scope 1 emissions, 820,000,000 kg CO2e from Scope 2 emissions, and 1,441,000,000 kg CO2e from Scope 3 emissions. The company has shown a commitment to addressing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. Over the years, Daido Steel has experienced fluctuations in its emissions. For instance, in 2022, total emissions were about 2,732,000,000 kg CO2e, with Scope 1 and 2 emissions contributing approximately 824,000,000 kg CO2e. The company has reported emissions data across all three scopes, indicating a comprehensive approach to tracking its environmental impact. Despite the lack of specific reduction targets, Daido Steel's emissions data reflects its ongoing efforts to monitor and manage its carbon output within the iron and steel industry, which is known for its significant greenhouse gas emissions. The company continues to engage in practices aimed at sustainability, aligning with broader industry trends towards reducing carbon emissions.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 449,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 595,000,000 | 000,000 | 000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 1,451,000,000 | 000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Daido Steel Co is not committed to any reduction initiatives 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.
