Jiangsu Shagang Group Co.,Ltd. Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Jiangsu Shagang Group Co.,Ltd.'s score of 7 is lower 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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Jiangsu Shagang Group Co.,Ltd.'s reported carbon emissions
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.
How Carbon Intensive is Jiangsu Shagang Group Co.,Ltd.'s Industry?
How Carbon Intensive is Jiangsu Shagang Group Co.,Ltd.'s Location?
Jiangsu Shagang Group Co.,Ltd.'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.
Jiangsu Shagang Group Co.,Ltd. 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.
