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.
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.
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.
Kobe Steel's score of 19 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Kobe Steel reported total carbon emissions of approximately 14,700,000 kg CO2e from Scope 1, 900,000 kg CO2e from Scope 2, and significant contributions from Scope 3 emissions, including about 18,480,000,000 kg CO2e from the use of sold products. This reflects a continued commitment to monitoring and managing their carbon footprint across all scopes of emissions. Over the past few years, Kobe Steel's total emissions have shown a trend of reduction, with total emissions decreasing from approximately 20,000,000 kg CO2e in 2019 to about 16,500,000 kg CO2e in 2020, and further to approximately 16,100,000 kg CO2e in 2021. By 2022, emissions were reported at around 15,600,000 kg CO2e, indicating a consistent effort to lower their carbon output. Despite these reductions, there are currently no publicly disclosed reduction targets or climate pledges from Kobe Steel, which suggests a need for more defined commitments to align with global climate initiatives. The company operates within a challenging industry context, where significant emissions are often associated with production processes. As such, ongoing efforts to enhance sustainability practices will be crucial for Kobe Steel's future climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | - | 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 |
Scope 3 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Kobe Steel is committed to some 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.