SeAH Steel Corporation
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, including pipes, tubes, and various steel components, catering to sectors such as construction, automotive, and energy. 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 is renowned for its unique offerings, such as high-strength steel solutions that meet rigorous international standards. As a result, SeAH Steel holds a prominent market position, recognised for its reliability and excellence in service, making it a preferred choice for clients worldwide.
DitchCarbon Score
How does SeAH Steel Corporation'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 Corporation's score of 10 is lower than 64% 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 Corporation's reported carbon emissions
In 2023, SeAH Steel Corporation reported total carbon emissions of approximately 75,030,000 kg CO2e. This figure includes about 8,500,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and approximately 66,530,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, the company disclosed Scope 3 emissions of about 9,262,000 kg CO2e, which encompass all other indirect emissions that occur in the value chain. In 2022, SeAH Steel's total emissions were around 62,106,000 kg CO2e, with Scope 1 emissions at about 7,565,000 kg CO2e and Scope 2 emissions at approximately 54,541,000 kg CO2e. The previous year, 2021, saw total emissions of about 58,679,000 kg CO2e, with Scope 1 emissions of approximately 8,451,000 kg CO2e and Scope 2 emissions of about 50,228,000 kg CO2e. Despite the increase in total emissions from 2021 to 2023, there are currently no publicly disclosed reduction targets or climate pledges from SeAH Steel Corporation. The company has not specified any initiatives under the Science Based Targets initiative (SBTi) or other reduction commitments. As a major player in the steel industry, SeAH Steel's emissions profile reflects the broader challenges faced by the sector in reducing carbon footprints and transitioning towards more sustainable practices.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 8,451,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 50,228,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000 |
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.
SeAH Steel Corporation 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.
