Jfe
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 13 is higher than 58% 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 Holdings reported total greenhouse gas emissions of approximately 56,100,000,000 kg CO2e, which includes Scope 1 emissions of about 53,100,000,000 kg CO2e, Scope 2 emissions of around 6,400,000,000 kg CO2e, and Scope 3 emissions totalling approximately 23,184,000,000 kg CO2e. The company has not disclosed specific reduction targets or initiatives as part of its climate commitments, indicating a lack of formalised strategies such as Science Based Targets Initiative (SBTi) targets or documented reduction initiatives. In 2021, JFE's emissions were similar, with total emissions of about 59,000,000,000 kg CO2e, comprising Scope 1 and 2 emissions of approximately 59,000,000,000 kg CO2e and Scope 3 emissions of around 20,778,000,000 kg CO2e. The trend shows a consistent level of emissions without significant reductions reported. The company has provided production emission factors, such as 2,300 kg CO2e per tonne for unspecified categories and 9,900 kg CO2e per 100 kg of steel equivalent parts, reflecting its operational impact in the iron and steel sector. However, without specific reduction targets or commitments, JFE's approach to climate action remains unclear.
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| 1990 | 2013 | 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 |
| 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 |
| Scope 3 | - | - | 0,000,000,000 | 00,000,000,000 | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Jfe 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.
