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Public Profile
Iron and Steel Production
JP
updated 19 days ago

Jfe Sustainability Profile

Company website

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.

17

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.

15

Industry Benchmark

Jfe's score of 17 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

47%

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Jfe's reported carbon emissions

In 2023, JFE Holdings, headquartered in Japan (JP), reported total carbon emissions of approximately 44,100,000,000 kg CO2e for Scope 1, primarily from stationary combustion, and about 6,100,000,000 kg CO2e for Scope 2 emissions. The combined total for Scope 1 and Scope 2 emissions reached approximately 50,200,000,000 kg CO2e. In 2022, the company reported Scope 1 emissions of about 42,300,000,000 kg CO2e and Scope 2 emissions of approximately 5,700,000,000 kg CO2e, resulting in a total of around 48,000,000,000 kg CO2e for both scopes. JFE has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets through the Science Based Targets initiative (SBTi) or other climate pledges. Their emissions data is sourced directly from JFE Holdings, Inc., with no cascading from a parent or related organization. The company has demonstrated a commitment to monitoring and reporting its emissions, but further details on reduction initiatives or specific climate commitments are not available.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

1990201220132014201520162017201820192020202120222023
Scope 1
52,500,000,000
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
00,000,000,000
00,000,000,000
Scope 2
5,800,000,000
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
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?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Jfe's primary industry is Iron and Steel Production, which is high in terms of carbon intensity compared to other industries.

How Carbon Intensive is Jfe's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Jfe is in JP, which has a low grid carbon intensity relative to other regions.

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 20% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 79% of Scope 3 emissions.

Top Scope 3 Categories

2016
Purchased Goods and Services
79%
Investments
6%
Capital Goods
6%
Upstream Transportation & Distribution
5%
Fuel and Energy Related Activities
3%
Waste Generated in Operations
1%
Employee Commuting
<1%
Business Travel
<1%

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Jfe's Emissions with Industry Peers

U. S. Steel Tubular Products, Inc.

US
•
Basic iron and steel and of ferro-alloys and first products thereof
Updated 2 months ago

Posco

KR
•
Other non-ferrous metal products
Updated 10 days ago

GE Power AG

DE
•
Sale, maintenance, repair of motor vehicles, motor vehicles parts, motorcycles, motor cycles parts and accessoiries
Updated about 2 months ago

Cleveland-Cliffs Steel Holding Corporation

US
•
Basic iron and steel and of ferro-alloys and first products thereof
Updated 2 months ago

Tata Steel Limited

IN
•
Basic iron and steel and of ferro-alloys and first products thereof
Updated about 9 hours ago

China Baowu Steel Group Co.,Ltd

CN
•
Other business services (74)
Updated 17 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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