Jfe Sustainability Profile
JFE Holdings, Inc., commonly referred to as JFE, is a prominent player in the steel and engineering industries, headquartered in Tokyo, Japan. Founded in 2002, JFE has rapidly established itself as a leader in the production of high-quality steel products, catering to various sectors including automotive, construction, and energy. With major operational regions across Asia and beyond, JFE is renowned for its innovative solutions, particularly in the development of environmentally friendly steel manufacturing processes. The company’s core offerings include flat and long steel products, as well as engineering services that emphasise sustainability and efficiency. JFE's commitment to quality and technological advancement has positioned it as a key competitor in the global market, achieving notable milestones such as significant reductions in carbon emissions and advancements in steel processing techniques.
DitchCarbon Score
How does Jfe'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
Jfe's score of 14 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Jfe's reported carbon emissions
In 2022, JFE's total carbon emissions amounted to approximately 47,300,000,000 kg CO2e for Scope 1, primarily from stationary combustion, and about 5,400,000,000 kg CO2e for Scope 2, resulting in a combined total of around 52,700,000,000 kg CO2e for both scopes. This reflects a decrease from 2021, where emissions were about 50,400,000,000 kg CO2e for Scope 1 and 5,900,000,000 kg CO2e for Scope 2, leading to a total of approximately 56,300,000,000 kg CO2e. JFE has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from their operations. The company has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges, which suggests a need for enhanced commitments in line with industry standards. The emissions data is sourced from JFE Holdings, Inc., and reflects their ongoing efforts to monitor and report on their carbon footprint. The company continues to work towards improving its emissions intensity, with a reported CO2 emission intensity of about 2,090 kg CO2e per tonne of steel produced in 2022.
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| 1990 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 | 00,000,000,000 | - | - | - | - | - | - |
How Carbon Intensive is Jfe's Industry?
How Carbon Intensive is Jfe's Location?
Jfe's Scope 3 Categories Breakdown
Jfe's Scope 3 emissions, which increased by 57% last year and increased by approximately 57% since 2015, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 18% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 79% of Scope 3 emissions.
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Jfe'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.
Jfe 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.
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