Maruichi Steel Tube Ltd
Maruichi Steel Tube Ltd., a prominent player in the steel manufacturing industry, is headquartered in Japan. Established in 1953, the company has built a strong reputation for producing high-quality steel tubes and pipes, serving various sectors including construction, automotive, and energy. With operational facilities across Japan and significant international presence, Maruichi Steel Tube Ltd. has consistently demonstrated innovation and excellence in its product offerings. The company’s core products include seamless and welded steel tubes, known for their durability and precision. Maruichi Steel Tube Ltd. stands out in the market due to its commitment to advanced manufacturing techniques and stringent quality control measures. Over the years, the company has achieved notable milestones, solidifying its position as a leader in the steel tube industry, recognised for its reliability and customer-centric approach.
DitchCarbon Score
How does Maruichi Steel Tube 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
Maruichi Steel Tube Ltd'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.
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Maruichi Steel Tube Ltd's reported carbon emissions
In 2020, Maruichi Steel Tube Ltd, headquartered in Japan, reported significant carbon emissions, totalling approximately 89,224,000 kg CO2e from both Scope 1 and Scope 2 sources. Specifically, Scope 1 emissions accounted for about 23,994,000 kg CO2e, while Scope 2 emissions were considerably higher at approximately 142,509,000 kg CO2e. Notably, the company has not disclosed any Scope 3 emissions data. Despite the substantial emissions figures, Maruichi Steel Tube Ltd has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The absence of SBTi (Science Based Targets initiative) reduction targets suggests that the company may need to enhance its climate strategy to align with industry standards. Overall, while Maruichi Steel Tube Ltd has made strides in emissions reporting, the lack of defined reduction initiatives highlights an opportunity for the company to strengthen its climate commitments and contribute to broader sustainability goals within the steel industry.
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| 2020 | |
|---|---|
| Scope 1 | 51,015,000 |
| Scope 2 | 65,930,000 |
| 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.
Maruichi Steel Tube Ltd 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.
