JFE Group
JFE Group, officially known as JFE Holdings, Inc., is a prominent player in the global steel and engineering industry, headquartered in Korea (KR). Founded in 2002, the company has rapidly established itself as a leader in the production of high-quality steel products and advanced engineering solutions, serving diverse sectors such as automotive, construction, and energy. With major operational regions across Asia and beyond, JFE Group is renowned for its innovative approach to steel manufacturing, offering unique products that combine strength and sustainability. The company’s commitment to research and development has led to significant milestones, including advancements in eco-friendly steel production techniques. JFE Group's market position is bolstered by its reputation for reliability and excellence, making it a trusted partner in the global marketplace.
DitchCarbon Score
How does JFE Group'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 Construction Work 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 Group's score of 19 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
JFE Group's reported carbon emissions
In 2022, JFE Group reported total carbon emissions of approximately 49,000,000,000 kg CO2e for Scope 1, 7,100,000,000 kg CO2e for Scope 2, and 23,184,000,000 kg CO2e for Scope 3. Over the years, the company has shown a trend of reducing its emissions, with Scope 1 emissions decreasing from about 64,300,000,000 kg CO2e in 2014 to 49,000,000,000 kg CO2e in 2022. The Scope 2 emissions have also seen a reduction, from approximately 6,600,000,000 kg CO2e in 2014 to 7,100,000,000 kg CO2e in 2022, while Scope 3 emissions increased from about 16,200,000,000 kg CO2e in 2017 to 23,184,000,000 kg CO2e in 2022. Despite these reductions, JFE Group has not publicly committed to specific science-based targets or reduction initiatives, indicating a potential area for future improvement in their climate strategy. The company operates within the iron and steel industry, which is known for its significant carbon footprint, making their emissions reduction efforts critical in the context of global climate commitments.
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Add to project| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 61,200,000,000 | 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 | 6,400,000,000 | 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 | - | - | - | 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 |
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 Group is not committed to any reduction initiatives 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.
