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 32 is higher than 94% 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
As of 2023, JFE Steel Corporation, headquartered in Japan, has set ambitious climate commitments aimed at reducing carbon emissions across all scopes. The company aims for a reduction of 30% or more in emissions by FY2030, starting from 2023. This target aligns with the broader goals of the Japanese steel industry, which has committed to achieving carbon neutrality by 2050, as outlined in the "Basic Policy of the Japan steel industry on 2050 Carbon Neutrality." In 2021, JFE Steel reported emissions of approximately 2,300 kg CO2e per tonne of steel produced, indicating the company's operational impact on greenhouse gas emissions. While specific emissions data for 2022 and 2023 is not disclosed, the company continues to focus on reducing its carbon footprint through various initiatives. JFE Steel's commitment to sustainability reflects its recognition of the urgent need to address climate change and its role within the global steel industry. The company's long-term strategy aims to transition towards zero-carbon steel production, demonstrating a proactive approach to environmental stewardship.
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.
