HBIS Group
HBIS Group, officially known as HBIS Group Co., Ltd., is a leading steel manufacturer headquartered in China (CN). Established in 2008, the company has rapidly evolved into a key player in the global steel industry, with significant operations across Asia, Europe, and North America. Specialising in the production of high-quality steel products, HBIS Group offers a diverse range of services, including steel manufacturing, processing, and distribution. Its commitment to innovation and sustainability sets it apart, as the company integrates advanced technologies to enhance efficiency and reduce environmental impact. Recognised for its substantial market share, HBIS Group has achieved notable milestones, including being one of the largest steel producers worldwide. With a focus on quality and customer satisfaction, the company continues to strengthen its position in the competitive steel market.
DitchCarbon Score
How does HBIS Group'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 Pipeline Transportation 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 Group's score of 7 is lower than 72% 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 Group's reported carbon emissions
In 2023, HBIS Group reported total carbon emissions of approximately 536,003,000 kg CO2e, comprising about 65,131,000 kg CO2e from Scope 1 and about 470,872,000 kg CO2e from Scope 2 emissions. This represents a slight increase in Scope 1 emissions compared to 2022, where they were approximately 60,423,000 kg CO2e, while Scope 2 emissions decreased from about 479,456,000 kg CO2e in 2022. In 2022, the total emissions were approximately 539,686,000 kg CO2e, with Scope 1 emissions at about 60,423,000 kg CO2e and Scope 2 emissions at approximately 479,456,000 kg CO2e. The 2021 figures showed total emissions of about 518,157,000 kg CO2e, with Scope 1 emissions at approximately 58,182,000 kg CO2e and Scope 2 emissions at about 460,337,000 kg CO2e. Despite these figures, HBIS Group has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or science-based targets indicates a need for further commitment to climate action within the industry context. As a major player in the steel manufacturing sector, HBIS Group's emissions profile highlights the ongoing challenges faced by heavy industries in achieving significant reductions in greenhouse gas emissions.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 58,182,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 460,337,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
HBIS Group 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.
