Jfe

JFE, an Iron and Steel Mills and Ferroalloy Manufacturing company headquartered in JP, reported its latest carbon emissions for 2024. Its Scope 1 emissions were approximately 44 billion kg CO2e, and Scope 2 emissions were about 7 billion kg CO2e. Scope 3 emissions totalled approximately 21.894 billion kg CO2e.

Looking back, in 2023, JFE's Scope 1 emissions were approximately 47.4 billion kg CO2e, Scope 2 emissions were around 7.2 billion kg CO2e, and Scope 3 emissions were about 22.701 billion kg CO2e.

JFE has set several climate commitments and reduction targets. For its own plants and offices, it aims to reduce Scope 2 CO2 emissions by 40% from 2013 levels by FY2024. Additionally, the company targets an 18% reduction in Scope 1 GHG emissions from 2013 levels by the end of FY2024. JFE has also established a near-term target to reduce all-scopes GHG emissions by 24% from FY2013 levels by FY2027. Looking further ahead, JFE aims to reduce GHG emissions by more than 30% by FY2030, which includes plans for a large, high-efficiency innovative electric arc furnace. All emissions data and reduction targets are directly reported by JFE Holdings, Inc.