Nippon Steel Corporation, a leading player in the basic iron and steel industry, is headquartered in Japan (JP) and operates extensively across Asia and beyond. Founded in 1950, the company has established itself as a pioneer in the production of high-quality steel and ferro-alloys, catering to diverse sectors such as automotive, construction, and energy.
Nippon Steel's core offerings include advanced steel products, innovative processing technologies, and environmentally sustainable solutions, setting it apart in a competitive market. With a commitment to excellence, the company has achieved significant milestones, including numerous awards for quality and sustainability. As a market leader, Nippon Steel continues to drive advancements in steel manufacturing, reinforcing its position as a vital contributor to global infrastructure development.
+25 vs industry average
Nippon Steel’s score of 41 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Iron and Steel Production is among the most carbon-intensive industries
Industry performance
The Iron and Steel Production industry has reduced its overall emissions by 27% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Nippon Steel's reported carbon emissions
Nippon Steel, headquartered in Japan and operating within the basic iron and steel industry, reported approximately 93.1 billion kg CO2e in total emissions for 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.
The company has set ambitious climate commitments, aiming for carbon neutrality by 2050. To achieve this, Nippon Steel is focused on two key areas: developing high-performance steel products that contribute to societal CO2 reduction and decarbonising its own steelmaking processes.
More specifically, Nippon Steel and its group companies, including those with blast furnaces and electric furnaces, have set a target to reduce CO2 emissions by 30% by 2030, using 2013 as a baseline. This target applies to all scopes of emissions.
In addition to its own targets, the company is involved with the Science Based Targets initiative (SBTi). Nippon Steel Corporation commits to reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 49.8% by FY2030 from an FY2020 baseline. Furthermore, it has committed to reducing absolute Scope 3 GHG emissions by 25% within the same timeframe. The SBTi has classified these targets as consistent with limiting warming to 1.5°C.
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Nippon Steel’s Climate Goals (2030 & 2050)
6 goals2030
30% reduction in Scope 1
We have taken up the challenge to achieve carbon neutrality in 2050, and are striving to reduce CO2 in our value chain by providing two type…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Nippon Steel’s sustainability data and climate commitments
Data year: 2024
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