HBIS Company Limited Sustainability Profile
HBIS Company Limited, headquartered in China, is a leading player in the global steel industry, renowned for its innovative solutions and extensive product range. Founded in 2008, the company has rapidly evolved, establishing a strong presence in major operational regions including Asia, Europe, and North America. Specialising in the production of high-quality steel products, HBIS offers a diverse portfolio that includes hot-rolled and cold-rolled steel, as well as steel plates and sections. What sets HBIS apart is its commitment to sustainability and advanced manufacturing techniques, positioning it as a pioneer in eco-friendly steel production. With a robust market position, HBIS has achieved significant milestones, including recognition for its technological advancements and contributions to the industry. The company continues to drive innovation, making it a key player in shaping the future of steel manufacturing.
DitchCarbon Score
How does HBIS Company Limited'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
HBIS Company Limited's score of 5 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HBIS Company Limited's reported carbon emissions
In 2023, HBIS Company Limited reported significant carbon emissions, totalling approximately 50,860,000,000 kg CO2e for Scope 1 and about 2,330,000,000 kg CO2e for Scope 2. This data reflects the company's direct and indirect emissions from its operations, with no reported Scope 3 emissions. Despite the substantial emissions figures, there are currently no publicly disclosed reduction targets or climate pledges from HBIS Company Limited. The absence of specific initiatives or commitments indicates a potential area for improvement in their climate strategy. As a major player in the steel industry, HBIS's emissions data is critical for understanding its environmental impact and the broader context of climate commitments within the sector. The company has not inherited emissions data from any parent organisation, ensuring that the reported figures are solely reflective of its own operations.
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| 2023 | |
|---|---|
| Scope 1 | 50,860,000,000 |
| Scope 2 | 2,330,000,000 |
| Scope 3 | - |
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HBIS Company Limited'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.
HBIS Company Limited 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.
