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Iron and Steel Production
JP
updated 10 days ago

MARUBENI-ITOCHU STEEL INC

Company website

Marubeni-Itochu Steel Inc., a prominent player in the steel industry, is headquartered in Japan and operates extensively across Asia, Europe, and North America. Founded in 2003, the company emerged from a strategic partnership between Marubeni Corporation and Itochu Corporation, leveraging their extensive networks and expertise in steel trading and manufacturing. Specialising in a diverse range of steel products, including flat and long steel, Marubeni-Itochu Steel distinguishes itself through its commitment to quality and innovation. The company has achieved significant milestones, establishing a strong market position as a reliable supplier to various sectors, including construction, automotive, and energy. With a focus on sustainability and advanced technology, Marubeni-Itochu Steel continues to enhance its offerings, solidifying its reputation as a leader in the global steel market.

DitchCarbon Score

How does MARUBENI-ITOCHU STEEL INC'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.

12

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.

13

Industry Benchmark

MARUBENI-ITOCHU STEEL INC's score of 12 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

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MARUBENI-ITOCHU STEEL INC's reported carbon emissions

In 2021, Marubeni-Itochu Steel Inc., headquartered in Japan, reported total carbon emissions of approximately 67,458,000 kg CO2e, comprising about 11,034,000 kg CO2e from Scope 1 and about 56,424,000 kg CO2e from Scope 2 emissions. This data reflects a slight increase from 2020, when the company recorded total emissions of about 79,414,000 kg CO2e, with Scope 1 emissions at approximately 9,851,000 kg CO2e and Scope 2 emissions at about 69,563,000 kg CO2e. Despite these figures, Marubeni-Itochu Steel Inc. has not disclosed any specific reduction targets or climate pledges. The company operates as a current subsidiary of ITOCHU Corporation, which may influence its climate strategies and reporting practices. However, no specific emissions reduction initiatives or targets have been identified in the available data. Overall, while Marubeni-Itochu Steel Inc. has made strides in emissions reporting, further commitments and initiatives are necessary to align with industry standards for climate action.

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20202021
Scope 1
9,851,000
00,000,000
Scope 2
69,563,000
00,000,000
Scope 3
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. MARUBENI-ITOCHU STEEL INC's primary industry is Basic iron and steel and of ferro-alloys and first products thereof, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for MARUBENI-ITOCHU STEEL INC is in JP, which has a low grid carbon intensity relative to other regions.

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.

MARUBENI-ITOCHU STEEL INC 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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