Pangang Group Company Limited Sustainability Profile
Pangang Group Company Limited, commonly referred to as Pangang, is a prominent player in the steel manufacturing industry, headquartered in China (CN). Established in 1998, the company has made significant strides in the production of high-quality steel products, serving various sectors including construction, automotive, and machinery. With major operations across several regions in China, Pangang is renowned for its innovative approach to steel production, offering a diverse range of products such as hot-rolled and cold-rolled steel sheets, as well as specialised steel grades. The company’s commitment to quality and sustainability has positioned it as a leader in the market, achieving notable milestones in production capacity and technological advancements. Pangang continues to strengthen its reputation through strategic partnerships and a focus on customer satisfaction.
DitchCarbon Score
How does Pangang Group Company Limited'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
Pangang Group Company Limited's score of 7 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pangang Group Company Limited's reported carbon emissions
Pangang Group Company Limited, headquartered in China (CN), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to mitigate its carbon footprint at this time. It is important to note that Pangang Group Company Limited is a current subsidiary, and any potential emissions data or climate initiatives may be cascaded from its parent organization. However, no specific initiatives or targets from the parent company have been disclosed. In the context of the industry, the absence of emissions data and reduction commitments may reflect broader challenges faced by companies in the sector regarding transparency and accountability in climate action. As the global focus on sustainability intensifies, it will be crucial for Pangang Group to develop and communicate its climate strategies to align with industry standards and stakeholder expectations.
How Carbon Intensive is Pangang Group Company Limited's Industry?
How Carbon Intensive is Pangang Group Company Limited's Location?
Pangang Group Company Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Pangang Group Company Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
