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JFE Steel Corporation, a leading player in the secondary steel industry, is headquartered in Japan (JP) and operates extensively across Asia and beyond. Founded in 2002, the company has rapidly established itself as a key provider of re-processed secondary steel, transforming scrap materials into high-quality new steel products.
JFE Steel's core offerings include a diverse range of steel solutions tailored for various applications, distinguished by their commitment to sustainability and innovation. The company is recognised for its advanced processing techniques, which enhance the quality and performance of its steel products.
With a strong market position, JFE Steel Corporation has achieved notable milestones, including significant contributions to eco-friendly steel production. Its dedication to excellence and environmental responsibility sets it apart in the competitive landscape of the steel industry.
+13 vs industry average
JFE Steel Corporation’s score of 42 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Steel Reprocessing has below-average carbon intensity
The Steel Reprocessing industry has reduced its overall emissions by 38% since 2018
Scope 3 accounts for ••• of total emissions.
JFE Steel Corporation, headquartered in Japan and operating in the secondary steel for treatment and re-processing of secondary steel into new steel industry, reported approximately 45.3 billion kg CO2e in combined Scope 1 and Scope 2 emissions for 2024. This includes about 39 billion kg CO2e from Scope 1 emissions and 6.3 billion kg CO2e from Scope 2 emissions.
Historically, JFE Steel Corporation's combined Scope 1 and 2 emissions have fluctuated:
JFE Steel Corporation has established several climate commitments. The company aims to reduce steel-business GHG emissions by 24% by FY2027 and by 30% or more by FY2030, compared to FY2013 levels. Additionally, it has a near-term target to reduce Scope 1 and Scope 2 CO2 emissions by at least 20% by FY2030, referencing a FY2013 baseline. The company is also aligned with the Japanese steel industry's declaration to achieve zero-carbon steel by 2050. Emissions data and reduction initiatives are reported directly by JFE Steel Corporation, with CDP data cascaded from its parent company, JFE Holdings, Inc.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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