JFE Steel Corporation

JFE Steel Corporation, a Japanese company operating in the secondary steel for treatment and re-processing industry, has disclosed its Scope 1 and Scope 2 emissions for several years. For the most recent reporting year, which appears to be 2024 (based on the data provided, though the reporting year is listed as 2024 for multiple entries), JFE Steel reported approximately 39 billion kg CO2e for Scope 1 and approximately 6.3 billion kg CO2e for Scope 2. This brings the combined Scope 1 and 2 emissions for 2024 to approximately 45.3 billion kg CO2e.

Looking at previous years, JFE Steel's Scope 1 and 2 emissions have been substantial:

• In 2023, Scope 1 emissions were approximately 42.3 billion kg CO2e, and Scope 2 emissions were approximately 6.1 billion kg CO2e, totalling approximately 48.3 billion kg CO2e.
• For 2022, Scope 1 emissions were approximately 44.5 billion kg CO2e, and Scope 2 emissions were approximately 5.9 billion kg CO2e, for a total of approximately 50.4 billion kg CO2e.
• In 2021, the company reported Scope 1 emissions of approximately 46.8 billion kg CO2e and Scope 2 emissions of approximately 5.8 billion kg CO2e, amounting to approximately 52.6 billion kg CO2e.
• For 2020, Scope 1 emissions were approximately 41.9 billion kg CO2e and Scope 2 emissions were approximately 5.4 billion kg CO2e, totalling approximately 47.3 billion kg CO2e.

JFE Steel has established several climate commitments. Notably, they aim to reduce CO2 emissions in their steel business by 24% by FY2027 and by 30% or more by FY2030, both compared to FY2013 levels. Furthermore, in line with the Japan Iron and Steel Federation's "Basic Policy on 2050 Carbon Neutrality," the company is working towards achieving carbon neutrality in its steel production by 2050. An intermediate target of a 30% or more reduction by FY2030 has also been set.

It is important to note that the provided data indicates Scope 3 emissions are not currently disclosed ("missing_data_points": ["scope_3/purchased_goods_and_services"]), and therefore, a total emissions figure encompassing all scopes is not available from this dataset. The emissions data for JFE Steel Corporation is cascaded from JFE Holdings, Inc. at cascade level 1, as JFE Steel is a current subsidiary of JFE Holdings, Inc.