JFE Steel Corporation
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
JFE Steel Corporation's score of 40 is higher than 60% 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 Steel Corporation's reported carbon emissions
In 2021, JFE Steel Corporation reported approximately 23,000 kg CO2e emissions per tonne of steel produced, with a CO2 emission intensity of about 230 kg CO2e per unit weight. The company has set ambitious climate commitments, aiming to reduce its CO2 emissions by at least 20% by FY2030 compared to FY2013 levels for both Scope 1 and Scope 2 emissions. Additionally, JFE Steel is targeting a 30% reduction in emissions across all scopes by FY2030. Historically, JFE Steel's emissions have shown significant figures, with Scope 1 emissions reaching approximately 47,900,000,000 kg CO2e in 2019, alongside Scope 2 emissions of about 6,300,000,000 kg CO2e, totalling around 54,200,000,000 kg CO2e for both scopes combined. The company is also aligned with the Japan Iron and Steel Federation's Basic Policy, which aims for carbon neutrality in the steel industry by 2050. Data for JFE Steel's emissions is cascaded from its parent company, JFE Holdings, Inc., reflecting a corporate family relationship. The company is committed to addressing climate change through these reduction initiatives and aligns with industry standards for sustainability.
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| 1990 | 2013 | 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | 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 | - | 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 | - | - | - | - | - | - | - |
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 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.
