Kobe Steel Sustainability Profile
Kobe Steel, officially known as Kobe Steel, Ltd., is a prominent Japanese company headquartered in Kobe, Japan. Established in 1905, it has evolved into a key player in the steel and engineering industries, with significant operations across Asia, North America, and Europe. The company is renowned for its production of high-quality steel products, aluminium, and copper, as well as its advanced machinery and engineering solutions. Kobe Steel's commitment to innovation is evident in its development of unique materials and technologies that cater to various sectors, including automotive, construction, and energy. With a strong market position, the company has achieved notable milestones, such as pioneering environmentally friendly manufacturing processes. As a trusted name in the industry, Kobe Steel continues to contribute to sustainable development while maintaining its reputation for excellence.
DitchCarbon Score
How does Kobe Steel'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
Kobe Steel's score of 54 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kobe Steel's reported carbon emissions
In 2024, Kobe Steel, headquartered in Japan, reported total carbon emissions of approximately 42,800,000,000 kg CO2e. This figure includes 14,200,000,000 kg CO2e from Scope 1 emissions, 800,000,000 kg CO2e from Scope 2, and a significant 25,834,000,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily driven by the use of sold products, which alone accounted for about 17,547,000,000 kg CO2e. Kobe Steel has set ambitious climate commitments, aiming for carbon neutrality by 2050. This long-term target was announced in May 2021 as part of their Medium-Term Management Plan (Fiscal 2021–2023). The company is actively working towards this goal across all scopes of emissions, although specific reduction percentages have not been disclosed. In 2023, the company reported total emissions of approximately 42,967,000,000 kg CO2e, with Scope 1 emissions at 14,700,000,000 kg CO2e, Scope 2 at 900,000,000 kg CO2e, and Scope 3 at 26,967,000,000 kg CO2e. This indicates a slight decrease in total emissions compared to 2022, where emissions were approximately 42,873,000,000 kg CO2e. Kobe Steel's commitment to sustainability is further reflected in their comprehensive emissions reporting, which includes detailed disclosures across all relevant scopes. The company continues to explore innovative solutions to reduce its carbon footprint while maintaining its operational efficiency.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Kobe Steel's Industry?
How Carbon Intensive is Kobe Steel's Location?
Kobe Steel's Scope 3 Categories Breakdown
Kobe Steel's Scope 3 emissions, which decreased by 4% last year and decreased by approximately 44% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 63% of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 68% of Scope 3 emissions.
Top Scope 3 Categories
Kobe Steel'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.
Kobe Steel 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.
