Feng Hsin Steel Co., Ltd. Sustainability Profile
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.
DitchCarbon Score
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.
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
Feng Hsin Steel Co., Ltd.'s score of 12 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Feng Hsin Steel Co., Ltd.'s reported carbon emissions
In 2023, Feng Hsin Steel Co., Ltd., headquartered in Taiwan (TW), has not disclosed specific carbon emissions data, including Scope 1, 2, or 3 emissions. However, the company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. This commitment reflects a proactive approach to addressing climate change within the iron and steel industry. The company’s reduction initiatives are part of a broader strategy to enhance sustainability and align with global climate goals. The targets are documented in their sustainability report, which outlines their commitment to achieving significant emissions reductions in the near term. Feng Hsin Steel Co., Ltd. is actively working towards these goals, demonstrating a commitment to environmental responsibility and a sustainable future in the steel manufacturing sector.
How Carbon Intensive is Feng Hsin Steel Co., Ltd.'s Industry?
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Feng Hsin Steel Co., Ltd.'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.
Feng Hsin Steel Co., Ltd. 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.
