Jfe

Jfe's reported carbon emissions

JFE Holdings, Inc., headquartered in JP and operating within the Iron and Steel Mills and Ferroalloy Manufacturing industry, has reported a total of approximately 93.1 billion kg CO2e in Scope 1, 2, and 3 emissions for 2024. This figure is composed of approximately 44 billion kg CO2e for Scope 1, around 7 billion kg CO2e for Scope 2, and an estimated 21.9 billion kg CO2e for Scope 3. For Scope 3 emissions in 2024, the largest contributors were purchased goods and services, amounting to approximately 18.5 billion kg CO2e. Other significant categories included investments at about 906 million kg CO2e, capital goods at approximately 1.13 billion kg CO2e, and fuel and energy-related activities at around 723 million kg CO2e. JFE Holdings, Inc. has set several emission reduction targets. They aim for a 40% reduction in CO2 emissions in their own plants and offices by FY2024, compared to FY2013 levels, specifically for Scope 2. For Scope 1, the target is an 18% reduction from FY2013 levels by the end of FY2024. Looking further ahead, JFE Holdings, Inc. has set a FY2027 GHG emissions reduction target of 24% against FY2013 levels. For FY2030, the company intends to reduce GHG emissions by more than 30% compared to FY2013. These targets are primarily to be achieved through capital investments, such as installing new electric arc furnaces for stainless steel manufacturing and renewing coke ovens. The company plans to construct a large, high-efficiency innovative electric arc furnace capable of manufacturing high-quality and high-performance steel materials, aiming to lead the world in producing green steel equivalent in quality to that achieved with blast furnaces. Their annual supply capacity target for green steel by FY2030 is 3 million tons. The emissions data for JFE Holdings, Inc. is not cascaded from a parent or related organisation.