SeAH Steel Sustainability Profile
SeAH Steel Corporation, a leading player in the steel industry, is headquartered in South Korea (KR) and operates extensively across Asia and beyond. Founded in 1960, the company has established itself as a key manufacturer of high-quality steel products, specialising in seamless pipes, welded pipes, and various steel solutions tailored for the energy, construction, and automotive sectors. With a commitment to innovation and sustainability, SeAH Steel has achieved significant milestones, including advancements in production technology and a strong focus on eco-friendly practices. The company’s core offerings are distinguished by their durability and precision, making them essential for critical applications in oil and gas, infrastructure, and industrial machinery. Recognised for its market leadership, SeAH Steel continues to expand its global footprint while maintaining a reputation for excellence and reliability in the steel market.
DitchCarbon Score
How does SeAH 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
SeAH Steel's score of 12 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SeAH Steel's reported carbon emissions
In 2023, SeAH Steel reported total carbon emissions of approximately 151,427,000 kg CO2e, comprising 42,356,000 kg CO2e from Scope 1 and 109,071,000 kg CO2e from Scope 2 emissions. This reflects a slight increase from 2022, where emissions were about 140,681,000 kg CO2e, with Scope 1 at 38,239,000 kg CO2e and Scope 2 at 92,071,000 kg CO2e. SeAH Steel has set ambitious climate commitments, aiming for a 12% reduction in carbon emissions by 2030 compared to 2018 levels, applicable to both Scope 1 and Scope 2 emissions. This target is part of their near-term reduction initiatives, indicating a proactive approach to mitigating their carbon footprint. The company does not currently disclose Scope 3 emissions, which are often significant in the steel industry. Their emissions data is not cascaded from any parent organization, ensuring that the figures are specific to SeAH Steel. Overall, SeAH Steel is actively working towards reducing its carbon emissions while maintaining transparency in its reporting practices.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 40,914,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 84,546,000 | 00,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is SeAH Steel's Industry?
How Carbon Intensive is SeAH Steel's Location?
SeAH 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.
SeAH Steel 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.
