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 2,300,000 kg CO2e emissions at the manufacturing stage of materials, specifically in the steel category. This figure reflects emissions that are not explicitly classified under Scope 1, 2, or 3. In previous years, the company disclosed significant emissions data: in 2019, JFE Steel's Scope 1 emissions totalled about 47,900,000,000 kg CO2e, while Scope 2 emissions were approximately 6,300,000,000 kg CO2e, leading to a combined total of around 54,200,000,000 kg CO2e for Scope 1 and 2. JFE Steel has set ambitious climate commitments, aiming to reduce CO2 emissions by at least 20% by FY2030 compared to FY2013 levels for both Scope 1 and Scope 2 emissions. Additionally, the company is targeting a reduction of 30% or more across all scopes by FY2030. Looking further ahead, JFE Steel is aligned with the Japan Iron and Steel Federation's commitment to achieving carbon neutrality by 2050, as part of a broader initiative to realise zero-carbon steel. The emissions data and reduction targets are cascaded from JFE Holdings, Inc., reflecting the company's commitment to sustainability within the steel industry.
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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 | - | - | - | - | - | - | - |
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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.
