JFE Steel Corporation Sustainability Profile
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 40 is higher than 61% 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
In 2021, JFE Steel Corporation reported approximately 2,300 kg CO2e emissions per tonne of steel produced, with a CO2 emission intensity of about 230 kg CO2e per unit weight. The company has set ambitious climate commitments, aiming to reduce its absolute CO2 emissions by at least 20% by FY2030 compared to FY2013 levels for both Scope 1 and Scope 2 emissions. This target reflects a proactive approach to mitigating climate impact within the steel industry. In 2019, JFE Steel's total emissions were approximately 54,200,000,000 kg CO2e, comprising 47,900,000,000 kg CO2e from Scope 1 and 6,300,000,000 kg CO2e from Scope 2. The company has also announced a broader goal of achieving a 30% reduction in emissions across all scopes by FY2030, demonstrating its commitment to sustainability and carbon neutrality. Furthermore, JFE Steel is aligned with the Japan Iron and Steel Federation's "Basic Policy of the Japan steel industry on 2050 Carbon Neutrality," which aims for zero-carbon steel production by 2050. This commitment is part of a larger industry effort to address climate change and reduce greenhouse gas emissions. Data on emissions and targets are cascaded from JFE Holdings, Inc., reflecting the company's integrated approach to sustainability within its corporate family.
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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 | - | - | - | - | - | - | - |
How Carbon Intensive is JFE Steel Corporation's Industry?
How Carbon Intensive is JFE Steel Corporation's Location?
JFE Steel Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
JFE Steel Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
