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 16 is lower than 52% 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, Inc. reported significant carbon emissions, with a total of approximately 49,000,000,000 kg CO2e from Scope 1 emissions, 7,100,000,000 kg CO2e from Scope 2 emissions, and 24,485,000,000 kg CO2e from Scope 3 emissions. The combined total for Scope 1 and 2 emissions reached about 56,100,000,000 kg CO2e. The company has disclosed its emissions data comprehensively, including upstream categories, but has not specified any reduction targets or initiatives under the Science Based Targets initiative (SBTi). JFE's emissions data is sourced directly from JFE Holdings, Inc., with no cascaded data from a parent or related organization. JFE's commitment to sustainability is reflected in its ongoing efforts to monitor and report emissions, although specific reduction targets have not been established. The company continues to focus on improving energy efficiency and reducing carbon intensity in its operations, particularly in the iron and steel sector, where it reported unit CO2 emissions from energy sources at approximately 2,090 kg CO2e per tonne. Overall, while JFE Holdings has made strides in transparency regarding its carbon footprint, further commitments to reduction targets would enhance its climate strategy.
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| 1990 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 52,500,000,000 | 00,000,000,000 | 00,000,000 | 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 |
| 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.
