Hsin Kuang Steel Co., Ltd., commonly referred to as Hsin Kuang Steel, is a leading player in the steel manufacturing industry, headquartered in Taiwan (TW). Established in 1985, the company has made significant strides in the production of high-quality steel products, serving major operational regions across Asia. Specialising in a diverse range of steel products, Hsin Kuang Steel is renowned for its commitment to innovation and quality. Their core offerings include steel bars, wire rods, and other customised steel solutions, which are distinguished by their durability and performance. The company has achieved notable market position through its advanced manufacturing processes and adherence to international standards. With a strong focus on sustainability and customer satisfaction, Hsin Kuang Steel continues to solidify its reputation as a trusted supplier in the steel industry, contributing to various infrastructure projects and industrial applications.
How does Hsin Kuang Steel Co'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.
Mean score of companies in the 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.
Hsin Kuang Steel Co's score of 15 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hsin Kuang Steel Co, headquartered in Taiwan (TW), reported total carbon emissions of approximately 7,028,880 kg CO2e, comprising about 4,313,060 kg CO2e from Scope 1 and about 2,715,820 kg CO2e from Scope 2. This marks an increase in emissions compared to previous years, with 2022 emissions recorded at approximately 4,936,510 kg CO2e, 2021 at about 4,308,730 kg CO2e, and 2020 at around 4,138,220 kg CO2e. Despite the rising emissions, Hsin Kuang Steel Co has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within the steel industry, which is known for its significant carbon footprint, and is expected to align with global efforts to mitigate climate change. As such, ongoing monitoring and potential future commitments may be anticipated as part of industry standards and practices.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 1,691,840 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 2,446,380 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | - |
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.
Hsin Kuang Steel Co is not committed to any reduction initiatives 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.