Mitsubishi Steel Manufacturing Co., Ltd., commonly referred to as Mitsubishi Steel, is a prominent player in the steel industry, headquartered in Japan. Established in 1934, the company has evolved into a leader in manufacturing high-quality steel products, serving various sectors including automotive, construction, and machinery. With major operations across Asia and a growing presence in global markets, Mitsubishi Steel is renowned for its innovative solutions in steel production, particularly in specialty steel and high-performance materials. The company’s commitment to quality and sustainability has positioned it as a trusted supplier, achieving notable milestones in technological advancements and production efficiency. Mitsubishi Steel's core offerings include steel bars, wire rods, and other processed steel products, distinguished by their superior strength and durability. As a key player in the industry, Mitsubishi Steel continues to drive progress and set benchmarks in steel manufacturing.
How does Mitsubishi Steel Mfg 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.
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.
Mitsubishi Steel Mfg Co's score of 8 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Mitsubishi Steel Manufacturing Co., headquartered in Japan, has made notable strides in addressing carbon emissions, particularly in the steel sector. In 2022, the company reported total emissions of approximately 195,000,000 kg CO2e for Scope 1 and 2, alongside 1,157,000,000 kg CO2e for Scope 3 emissions. This reflects a commitment to monitoring and managing their carbon footprint across various operational scopes. From 2021 to 2022, Mitsubishi Steel achieved a reduction in Scope 1 and 2 emissions, decreasing from about 249,000,000 kg CO2e to 195,000,000 kg CO2e. This indicates a positive trend towards lowering direct and indirect emissions associated with their operations. The company has also reported a decrease in emissions intensity for steel bars, from 94.0 kg CO2e per tonne in 2021 to 90.0 kg CO2e per tonne in 2022. Despite these achievements, Mitsubishi Steel has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal reduction targets suggests that while the company is actively managing its emissions, it may benefit from establishing clearer commitments to enhance its climate strategy further. Overall, Mitsubishi Steel's ongoing efforts reflect a growing awareness of the importance of sustainability in the steel manufacturing industry.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | |
---|---|---|
Scope 1 | 117,030,000 | - |
Scope 2 | 131,970,000 | - |
Scope 3 | 1,273,000,000 | 0,000,000,000 |
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.
Mitsubishi Steel Mfg Co 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.