Nucor
Nucor Corporation, a leading player in the steel industry, is headquartered in the United States, with significant operations across various regions, including the Midwest and Southeast. Founded in 1905, Nucor has established itself as a pioneer in the production of steel and steel products, utilising innovative technologies and sustainable practices. The company is renowned for its diverse range of core products, including rebar, sheet steel, and structural steel, which are distinguished by their high quality and eco-friendly manufacturing processes. Nucor's commitment to sustainability and efficiency has positioned it as a market leader, consistently ranking among the top steel producers in North America. With a focus on customer satisfaction and continuous improvement, Nucor remains a formidable force in the global steel market.
DitchCarbon Score
How does Nucor'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
Nucor's score of 25 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nucor's reported carbon emissions
In 2023, Nucor Corporation reported total carbon emissions of approximately 20,800,000,000 kg CO2e, with emissions distributed across Scope 1 (6,800,000,000 kg CO2e), Scope 2 (5,700,000,000 kg CO2e), and Scope 3 (8,300,000,000 kg CO2e). This represents a slight increase from 2022, where total emissions were about 15,700,000,000 kg CO2e. Nucor has set a long-term commitment to achieve net-zero emissions by 2050, encompassing all scopes of emissions. This target aligns with the emission standards established by the Global Steel Climate Council (GSCC), an initiative Nucor played a significant role in founding. The company aims to implement strategies that will contribute to substantial reductions in its carbon footprint over the coming decades. The intensity of Nucor's emissions has varied over the years, with a reported intensity of approximately 770 kg CO2e per tonne of steel produced in 2023. This reflects ongoing efforts to improve efficiency and reduce emissions in its operations. Overall, Nucor's climate commitments and emissions data highlight its proactive approach to addressing climate change within the steel industry, aiming for significant reductions in carbon emissions while maintaining operational growth.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 4,700,000,000 | 0,000,000,000 | 000 | 0,000,000,000 |
| Scope 2 | 5,400,000,000 | 0,000,000,000 | 000 | 0,000,000,000 |
| Scope 3 | 7,400,000,000 | 0,000,000,000 | 000 | 0,000,000,000 |
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.
Nucor 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.
