Sanyo Special Steel Sustainability Profile
Sanyo Special Steel Co., Ltd., commonly referred to as Sanyo Steel, is a leading manufacturer in the special steel industry, headquartered in Japan. Established in 1932, the company has built a strong reputation for producing high-quality steel products, particularly in the automotive and machinery sectors. With operational facilities across Japan and a growing presence in international markets, Sanyo Steel is renowned for its innovative approach to steel manufacturing. The company’s core offerings include a diverse range of special steels, such as alloy steels and tool steels, which are distinguished by their superior strength and durability. Sanyo Steel's commitment to research and development has positioned it as a key player in the global market, achieving notable milestones in product quality and customer satisfaction. With a focus on sustainability and technological advancement, Sanyo Steel continues to set industry standards while meeting the evolving needs of its clients.
DitchCarbon Score
How does Sanyo Special 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
Sanyo Special Steel's score of 30 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sanyo Special Steel's reported carbon emissions
In 2022, Sanyo Special Steel reported total carbon emissions of approximately 535,000 kg CO2e, with Scope 2 emissions accounting for about 249,000 kg CO2e. This reflects a decrease from 2021, where total emissions were about 710,000 kg CO2e, including Scope 2 emissions of approximately 373,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, committing to a 42% reduction in absolute Scope 1 and 2 greenhouse gas emissions by FY2030 from a FY2021 baseline. Additionally, Sanyo Special Steel aims to cut absolute Scope 3 emissions by 25% within the same timeframe. The company is also part of the Mahindra Sanyo Special Steel initiative, which has pledged to reduce Scope 1 and 2 emissions per tonne of steel produced by 35% by 2030, using a 2016 base year. This commitment aligns with industry standards for limiting global warming to 1.5°C. Sanyo Special Steel's climate strategy includes a long-term hydrogen initiative aimed at reducing CO2 emissions in production by approximately 50% compared to 2015 levels by 2040. Overall, Sanyo Special Steel is actively working towards significant emissions reductions, demonstrating a commitment to sustainability within the iron and steel sector.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 261,000,000 | - | - | - |
| Scope 2 | 305,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 807,000,000 | - | - | - |
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Sanyo Special Steel's Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 59% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 44% of Scope 3 emissions.
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Sanyo Special Steel'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.
Sanyo Special Steel has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Sanyo Special Steel's sustainability data and climate commitments