Feng Hsin Steel Co., Ltd., a prominent player in the steel manufacturing industry, is headquartered in Taiwan (TW) and has established a strong presence across various operational regions. Founded in 1975, the company has achieved significant milestones, positioning itself as a leader in the production of high-quality steel products. Specialising in a diverse range of steel products, including rebar and wire rods, Feng Hsin Steel is renowned for its commitment to innovation and quality. The company’s unique manufacturing processes and adherence to international standards set it apart in a competitive market. With a robust market position, Feng Hsin Steel has garnered recognition for its sustainable practices and contributions to the construction and infrastructure sectors, solidifying its reputation as a trusted supplier in the steel industry.
How does Feng Hsin Steel Co., Ltd.'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.
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.
Feng Hsin Steel Co., Ltd.'s score of 15 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Feng Hsin Steel Co., Ltd., headquartered in Taiwan (TW), has set ambitious climate commitments aimed at significantly reducing its carbon emissions. The company aims to achieve near-zero emissions for both Scope 1 and Scope 2 by 2025. This commitment reflects a proactive approach to climate action, aligning with industry standards for sustainability. The most recent data available indicates that the company has been tracking its CO2 intensity, with figures showing approximately 1,890 kg CO2e per tonne of crude steel cast in 2016. This represents a slight increase from 1,850 kg CO2e in 2015 and 1,810 kg CO2e in 2014. While specific total emissions data is not disclosed, the focus on CO2 intensity highlights the company's efforts to monitor and manage its environmental impact. Feng Hsin Steel's reduction initiatives are part of a broader strategy to enhance sustainability within the iron and steel sector. The company has not reported any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. However, the commitment to reducing Scope 1 and Scope 2 emissions demonstrates a clear intention to lead in climate responsibility. Overall, Feng Hsin Steel Co., Ltd. is on track to meet its near-term targets, with a focus on achieving significant reductions in its operational emissions by 2025.
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.
Feng Hsin Steel Co., Ltd. is not participating in any of the initiatives that 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.