Jiangsu Shagang Group Co., Ltd., commonly referred to as Shagang, is a leading steel manufacturer headquartered in Jiangsu Province, China. Established in 1975, the company has grown to become one of the largest steel producers in the world, with significant operations across various regions in China. Specialising in the production of high-quality steel products, Shagang offers a diverse range of services, including hot-rolled and cold-rolled steel, wire rods, and steel plates. The company is renowned for its commitment to innovation and sustainability, utilising advanced technologies to enhance product quality and reduce environmental impact. With a strong market position, Jiangsu Shagang Group has achieved numerous accolades, solidifying its reputation as a key player in the global steel industry. Its dedication to excellence and customer satisfaction continues to drive its success in an increasingly competitive market.
How does Jiangsu Shagang Group Co.,Ltd.'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 Iron and Steel Production 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.
Jiangsu Shagang Group Co.,Ltd.'s score of 7 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Jiangsu Shagang Group Co., Ltd., headquartered in China, currently does not report specific carbon emissions data, as indicated by the absence of available figures. The company has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi) or other climate pledges. As a significant player in the steel industry, Jiangsu Shagang Group operates within a sector known for its substantial carbon footprint, primarily through Scope 1 and Scope 2 emissions. However, without specific emissions data or reduction initiatives, it is challenging to assess their current impact or future commitments regarding climate change. The lack of reported emissions and reduction strategies highlights a potential area for improvement in transparency and accountability in their environmental practices. As the industry moves towards more sustainable operations, Jiangsu Shagang Group may need to consider setting measurable targets to align with global climate goals.
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.
Jiangsu Shagang Group Co.,Ltd. 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.
