Maanshan Iron And Steel Co
Maanshan Iron and Steel Co., Ltd. (often referred to as Maanshan Steel) is a prominent player in the global steel industry, headquartered in Maanshan, Anhui Province, China. Established in 1958, the company has evolved into one of the largest steel producers in the country, with significant operations across various regions in China. Specialising in the production of high-quality steel products, Maanshan Steel offers a diverse range of offerings, including hot-rolled and cold-rolled sheets, wire rods, and steel plates. The company is recognised for its commitment to innovation and sustainability, utilising advanced technologies to enhance product quality and reduce environmental impact. With a strong market position, Maanshan Steel has achieved notable milestones, including significant production capacity and a reputation for reliability in the steel supply chain. Its dedication to excellence has solidified its status as a key contributor to both domestic and international markets.
DitchCarbon Score
How does Maanshan Iron And Steel Co'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 Furniture Manufacturing 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
Maanshan Iron And Steel Co's score of 5 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Maanshan Iron And Steel Co's reported carbon emissions
In 2023, Maanshan Iron and Steel Co. reported total carbon emissions of approximately 3,887,800 kg CO2e, with Scope 1 emissions accounting for about 3,580,200 kg CO2e and Scope 2 emissions at approximately 307,610 kg CO2e. This reflects a slight increase from 2022, where total emissions were about 3,650,040 kg CO2e. Over the past few years, the company has shown fluctuations in its emissions, with 2020 recording the highest total emissions of approximately 39,264,441 kg CO2e. Notably, the company has made efforts to reduce its carbon intensity, achieving approximately 1,850 kg CO2e per tonne of steel produced in 2023, down from 1,870 kg CO2e in 2020. Despite these figures, Maanshan Iron and Steel Co. has not publicly disclosed specific reduction targets or commitments under initiatives such as the Science Based Targets initiative (SBTi). The absence of formal climate pledges indicates a potential area for improvement in their climate strategy. Overall, while the company has made strides in managing its carbon emissions, further commitments and structured reduction targets could enhance its sustainability profile in the iron and steel industry.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 34,386,221,000 | 00,000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,272,143,000 | 0,000,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Maanshan Iron And Steel Co 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.
