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 74% 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 64,007,000,000 kg CO2e for Scope 1, 12,466,000,000 kg CO2e for Scope 2, and 11,240,000,000 kg CO2e for Scope 3 investments, among other categories. The combined total for Scope 1 and 2 emissions was about 76,472,000,000 kg CO2e. This reflects a slight increase from 2022, where Scope 1 emissions were approximately 63,402,000,000 kg CO2e and Scope 2 emissions were about 11,913,000,000 kg CO2e. 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 2, which are directly linked to their operations. Additionally, the company is striving for carbon neutrality by 2050, focusing on high-performance steel products that contribute to reducing emissions across the value chain. The company’s near-term targets, as outlined in their Carbon Neutral Vision 2050, include a commitment to reduce absolute Scope 1 and 2 greenhouse gas emissions by 49.8% by FY2030 from a FY2020 base year, alongside a 25% reduction in Scope 3 emissions within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a comprehensive approach to tackling climate change. Overall, Nippon Steel's emissions data and reduction initiatives highlight their commitment to sustainability and significant efforts to mitigate their environmental impact 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.
