HBIS Group Sustainability Profile
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 51% 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 65131000 kg CO2e for Scope 1 and about 470872000 kg CO2e for Scope 2. This reflects a slight increase in Scope 1 emissions from 60423000 kg CO2e in 2022, while Scope 2 emissions decreased from 479456000 kg CO2e in the same year. The company has not disclosed any Scope 3 emissions data. Despite these figures, HBIS Group has not set specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests a need for further development in their climate strategy. The emissions data is sourced directly from HBIS Group Company Limited, with no cascading from a parent or related organization. Overall, while HBIS Group's emissions data indicates significant levels of carbon output, the lack of defined reduction strategies highlights an area for potential improvement in their environmental impact management.
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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 | - | - | - |
How Carbon Intensive is HBIS Group's Industry?
How Carbon Intensive is HBIS Group's Location?
HBIS Group'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 Group 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.
