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HBIS Company Limited, known officially as HBIS Group Co., Ltd., is a globally recognised powerhouse in the basic iron and steel industry. Headquartered in Shijiazhuang, Hebei Province, China, HBIS was established on 30th June 2008 through the strategic merger of Tangsteel Group and Hansteel Group, rapidly ascending to become one of China's largest steel enterprises.
Specialising in basic iron and steel, ferro-alloys, and first products thereof, HBIS offers a comprehensive portfolio including high-end automotive steel, household appliance steel, and advanced construction steel. Consistently ranked among the Global Top 500 companies, HBIS is committed to innovation, green manufacturing, and delivering advanced steel solutions to diverse global markets from its extensive operational bases worldwide.
5
DitchCarbon score
-12 vs industry average
HBIS Company Limited’s score of 5 is lower than 22% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Iron and Steel Production is among the most carbon-intensive industries
Industry performance
2.965
20182025
The Iron and Steel Production industry has reduced its overall emissions by 27% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
HBIS Company Limited's reported carbon emissions
In 2023, HBIS Company Limited reported total emissions of approximately 53.9 billion kg CO2e, comprising about 50.9 billion kg CO2e from Scope 1 and approximately 2.3 billion kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data.
HBIS has set ambitious near-term climate commitments, aiming to reduce its Scope 1 emissions to near zero by 2025 and similarly targeting Scope 2 emissions for the same timeframe. These targets reflect the company's commitment to achieving significant reductions in its carbon footprint.
As a major player in the steel industry, HBIS's efforts align with broader industry initiatives to enhance sustainability and reduce greenhouse gas emissions. The company's proactive approach to climate commitments underscores its dedication to addressing climate change and contributing to a more sustainable future.
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HBIS Company Limited’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for HBIS Company Limited yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
HBIS Company Limited13 days ago
5
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