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.
+11 vs industry average
JFE Steel Corporation’s score of 41 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Steel Reprocessing has below-average carbon intensity
Industry performance
The Steel Reprocessing industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
JFE Steel Corporation's reported carbon emissions
JFE Steel Corporation, headquartered in Japan and operating in the secondary steel for treatment and reprocessing industry, reported significant greenhouse gas (GHG) emissions. In 2024, the company's Scope 1 emissions were approximately 39,000,000,000 kg CO2e, with Scope 2 emissions at around 6,300,000,000 kg CO2e. For the same year, the total of Scope 1 and 2 emissions was approximately 45,300,000,000 kg CO2e. The company's climate commitments include a near-term target to reduce GHG emissions in its steel business by 24% by FY2027 and by 30% or more by FY2030, both compared to FY2013 levels. Additionally, JFE Steel is working towards a long-term goal of carbon neutrality by 2050, aligning with the Japan Iron and Steel Federation's declaration for zero-carbon steel production. JFE Steel's emissions data is cascaded from its parent organisation, JFE Holdings, Inc. for CDP reporting.
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JFE Steel Corporation’s Climate Goals (2030 & 2050)
8 goals2030
20% reduction in Scope 1
Aim to reduce CO2 emissions in FY2030 by at least 20% compared to FY2013.
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.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
Inherited from JFE Holdings, Inc.
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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JFE Steel Corporation
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