Nippon Steel
Nippon Steel Corporation, commonly referred to as Nippon Steel, is a leading global player in the steel industry, headquartered in Japan. Established in 1950, the company has evolved into a powerhouse with significant operations across Asia, Europe, and the Americas, focusing on the production of high-quality steel products. Nippon Steel is renowned for its diverse range of offerings, including flat and long steel products, pipes, and tubes, which are integral to various sectors such as automotive, construction, and energy. The company’s commitment to innovation and sustainability sets it apart, as it continually invests in advanced technologies to enhance product performance and reduce environmental impact. With a strong market position, Nippon Steel has achieved numerous accolades, solidifying its reputation as a trusted supplier in the global steel market. Its dedication to quality and customer satisfaction has made it a preferred choice for industries worldwide.
DitchCarbon Score
How does Nippon 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.
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
Nippon Steel's score of 46 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nippon Steel's reported carbon emissions
In 2023, Nippon Steel reported total carbon emissions of approximately 91,473,000,000 kg CO2e, with Scope 1 emissions accounting for about 64,007,000,000 kg CO2e, Scope 2 emissions at approximately 12,466,000,000 kg CO2e, and Scope 3 emissions totalling around 11,240,000,000 kg CO2e from investments, 1,571,000,000 kg CO2e from capital goods, and 11,300,000 kg CO2e from employee commuting, among other categories. Nippon Steel has set ambitious climate commitments, aiming for a 30% reduction in total CO2 emissions by 2030 compared to 2013 levels. This target encompasses all scopes of emissions, including Scope 1 and Scope 2, which are critical given the company's significant emissions profile. The company is also committed to achieving carbon neutrality by 2050, focusing on decarbonising its steelmaking processes and providing high-performance steel products that contribute to reducing emissions across society. The reduction targets are aligned with the Science Based Targets initiative (SBTi), where Nippon Steel has committed to reducing absolute Scope 1 and 2 GHG emissions by 49.8% by FY2030 from a FY2020 base year, alongside a 25% reduction in Scope 3 emissions within the same timeframe. These initiatives reflect Nippon Steel's proactive approach to addressing climate change and its commitment to sustainable practices in the steel industry.
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| 1990 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000,000 | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | 00,000,000,000 | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Nippon Steel is participating in some 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.
