JFE Steel Corporation

JFE Steel Corporation, headquartered in Japan, reported its 2024 Scope 1 emissions at approximately 39 billion kg CO2e and Scope 2 emissions at about 6.3 billion kg CO2e. In 2023, its Scope 1 emissions were approximately 42.3 billion kg CO2e, and Scope 2 emissions were around 6.1 billion kg CO2e. For 2022, Scope 1 emissions were approximately 44.5 billion kg CO2e, and Scope 2 emissions were around 5.9 billion kg CO2e. The company has not disclosed Scope 3 emissions data.

JFE Steel Corporation's climate commitments include a near-term target to reduce steel-business GHG emissions by 24% by FY2027 and by 30% or more by FY2030, both compared to FY2013 levels. These are absolute targets covering all scopes. Additionally, the company aims to reduce Scope 1 and Scope 2 CO2 emissions by at least 20% by FY2030, relative to FY2013. JFE Steel Corporation also aligns with the Japanese steel industry's long-term goal of achieving carbon neutrality by 2050, aiming for zero-carbon steel production.

Emissions data for JFE Steel Corporation is directly reported by the company. CDP data is cascaded from its parent company, JFE Holdings, Inc.