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 37 is higher than 76% 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 has not disclosed specific carbon emissions data. However, the company has set ambitious climate commitments aimed at reducing its carbon footprint. JFE Steel aims to achieve a reduction of at least 20% in CO2 emissions by fiscal year 2030 compared to fiscal year 2013 levels for both Scope 1 and Scope 2 emissions. Additionally, the company is targeting a more significant reduction of 30% or more across all scopes by 2030. In a broader context, JFE Steel is part of the Japanese iron and steel industry's initiative to achieve carbon neutrality by 2050, as outlined in the "Basic Policy of the Japan steel industry on 2050 Carbon Neutrality." This commitment reflects the industry's response to governmental calls for substantial emissions reductions. Historically, JFE Steel's emissions data has been cascaded from its parent company, JFE Holdings, Inc. The last available comprehensive emissions data from 2019 indicated that JFE Steel's total emissions were approximately 54,200,000,000 kg CO2e, with Scope 1 emissions at about 47,900,000,000 kg CO2e and Scope 2 emissions at around 6,300,000,000 kg CO2e. The company continues to work towards its climate goals, aligning with global standards and industry practices to mitigate its environmental impact.
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| 1990 | 2013 | 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
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.
