JFE Steel Corporation, a leading player in the global steel industry, is headquartered in Japan (JP) and operates extensively across Asia, Europe, and North America. Founded in 2002 through the merger of Kawasaki Steel and NKK Corporation, JFE Steel has rapidly established itself as a key innovator in steel production and processing. The company specialises in a diverse range of products, including high-quality flat and long steel products, as well as steel plates and pipes. JFE Steel is renowned for its commitment to sustainability and advanced manufacturing techniques, which set its offerings apart in a competitive market. With a strong emphasis on research and development, JFE Steel has achieved significant milestones, positioning itself among the top steel manufacturers worldwide.
How does JFE Steel Corporation'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.
Mean score of companies in the Steel Reprocessing 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.
JFE Steel Corporation's score of 34 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, JFE Steel Corporation, headquartered in Japan, reported no specific carbon emissions data, including Scope 1, 2, or 3 emissions. However, the company has set ambitious climate commitments, aiming for a reduction of 30% or more in carbon intensity by FY2030 across all scopes. This target reflects their proactive approach to addressing climate change and aligns with broader industry goals. Additionally, JFE Steel is part of the Japan Iron and Steel Federation (JISF), which has declared a commitment to achieving carbon neutrality by 2050. This long-term goal underscores the industry's collective effort to transition towards zero-carbon steel production. It is important to note that JFE Steel's emissions data is cascaded from its parent company, JFE Holdings, Inc., indicating a corporate family relationship that influences its sustainability reporting and targets. As of now, specific emissions figures remain undisclosed, but the company's strategic initiatives demonstrate a clear commitment to reducing its environmental impact in the steel manufacturing sector.
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 Steel Corporation 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.