Edgen Group Inc. Sustainability Profile
Edgen Group Inc., headquartered in the United States, is a prominent player in the global supply chain and distribution industry, specialising in the provision of high-quality steel products and services. Founded in 2001, the company has established a strong presence across key operational regions, including North America and Europe, catering to various sectors such as energy, construction, and manufacturing. With a diverse portfolio that includes pipe, fittings, and flanges, Edgen Group distinguishes itself through its commitment to quality and customer service. The company has achieved significant milestones, positioning itself as a trusted partner in the industry. Notably, Edgen Group's extensive inventory and logistical capabilities enable it to meet the evolving needs of its clients, solidifying its reputation as a leader in the market.
DitchCarbon Score
How does Edgen Group Inc.'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
Edgen Group Inc.'s score of 23 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Edgen Group Inc., headquartered in the US, currently does not have specific carbon emissions data available for recent years. The company is a current subsidiary of Sumitomo Corporation, which may influence its climate commitments and emissions reporting. As of now, Edgen Group Inc. has not established any documented reduction targets or specific climate pledges. The absence of emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given its affiliation with Sumitomo Corporation, any potential climate initiatives or emissions data may be cascaded from this parent organisation. However, specific details regarding emissions performance or targets from Sumitomo Corporation have not been provided. In the context of the industry, it is essential for companies like Edgen Group Inc. to adopt robust climate commitments and transparent emissions reporting to align with global sustainability goals.
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| 2014 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 934,276,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 752,378,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 73,980,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | 000,000,000,000 |
How Carbon Intensive is Edgen Group Inc.'s Industry?
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Edgen Group Inc.'s Scope 3 Categories Breakdown
Edgen Group Inc.'s Scope 3 emissions, which increased significantly last year and increased significantly since 2014, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 32% of Scope 3 emissions.
Top Scope 3 Categories
Edgen Group Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Edgen Group Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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