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.
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.
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.
JFE Steel Corporation's score of 20 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, JFE Steel Corporation reported emissions of approximately 2,300 kg CO2e per tonne of steel produced, reflecting their commitment to sustainability in the steel industry. The company has set ambitious climate targets, aiming for a reduction of 30% or more in carbon emissions across all scopes by FY2030. This initiative is part of a broader strategy to achieve carbon neutrality by 2050, as outlined in the Japan Iron and Steel Federation's Basic Policy on Carbon Neutrality. JFE Steel's efforts align with industry standards and demonstrate a proactive approach to addressing climate change, although specific Scope 1, 2, and 3 emissions data were not disclosed.
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 committed to any reduction initiatives 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.