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Public Profile
Construction Work
KR
updated a month ago

Hanbo Iron & Steel Co.,Ltd. Sustainability Profile

Company website

Hanbo Iron & Steel Co., Ltd., a prominent player in the steel manufacturing industry, is headquartered in South Korea (KR) and operates extensively across Asia. Founded in the early 1990s, the company has established itself as a leader in producing high-quality steel products, including hot-rolled and cold-rolled steel sheets, which are renowned for their durability and precision. With a commitment to innovation and sustainability, Hanbo Iron & Steel has achieved significant milestones, including advancements in production technology and eco-friendly practices. The company’s unique offerings cater to various sectors, including automotive, construction, and shipbuilding, positioning it as a trusted supplier in the global market. Hanbo Iron & Steel's dedication to quality and customer satisfaction has solidified its reputation as a key player in the steel industry.

DitchCarbon Score

How does Hanbo Iron & 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.

15

Industry Average

Mean score of companies in the Construction Work 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.

24

Industry Benchmark

Hanbo Iron & Steel Co.,Ltd.'s score of 15 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

14%

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Hanbo Iron & Steel Co.,Ltd.'s reported carbon emissions

Hanbo Iron & Steel Co., Ltd., headquartered in South Korea (KR), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, the company has not established any documented reduction targets or climate pledges. In the context of the steel industry, which is known for its significant carbon footprint, Hanbo Iron & Steel's lack of reported emissions and commitments may reflect a broader trend within the sector, where many companies are increasingly pressured to disclose their environmental impact and set ambitious climate goals. As of now, there are no emissions data cascaded from a parent or related organization, indicating that Hanbo Iron & Steel operates independently regarding its climate commitments. The absence of specific initiatives or targets suggests an opportunity for the company to enhance its sustainability efforts and align with industry standards for carbon reduction.

How Carbon Intensive is Hanbo Iron & Steel Co.,Ltd.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hanbo Iron & Steel Co.,Ltd.'s primary industry is Construction Work, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Hanbo Iron & Steel Co.,Ltd.'s Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Hanbo Iron & Steel Co.,Ltd. is in KR, which we do not have grid emissions data for.

Hanbo Iron & 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.

Hanbo Iron & 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Hanbo Iron & Steel Co.,Ltd.'s Emissions with Industry Peers

JSW Steel Limited

IN
•
Basic iron and steel and of ferro-alloys and first products thereof
Updated 4 days ago

Gerdau

BR
•
Basic iron and steel and of ferro-alloys and first products thereof
Updated 4 days ago

Tata Steel Limited

IN
•
Basic iron and steel and of ferro-alloys and first products thereof
Updated 4 days ago

Nippon Steel

JP
•
Basic iron and steel and of ferro-alloys and first products thereof
Updated 4 days ago

Hyundai Steel

KR
•
Basic iron and steel and of ferro-alloys and first products thereof
Updated 4 days ago

United States Steel

US
•
Motor vehicles, trailers and semi-trailers (34)
Updated 1 day ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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