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.
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.
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.
SeAH Steel Corporation's score of 2 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, SeAH Steel Corporation, headquartered in South Korea (KR), reported energy intensity metrics rather than specific carbon emissions data. The energy intensity for 2023 was approximately 7.7e-07 kg CO2e per unit of revenue (KRW). This figure reflects the company's operational efficiency in relation to its revenue generation. For the previous year, 2022, the energy intensity was about 6.6e-07 kg CO2e per unit of revenue, while in 2021, it was approximately 7.8e-07 kg CO2e per unit of revenue. These figures suggest a slight improvement in energy efficiency over the years, although specific total emissions data for Scope 1, 2, or 3 are not disclosed. SeAH Steel Corporation has not set any publicly available reduction targets or climate pledges, indicating a lack of formal commitments to reduce carbon emissions at this time. The absence of specific emissions data and reduction initiatives may reflect broader industry challenges in the steel sector, which is known for its significant carbon footprint. Overall, while SeAH Steel Corporation has shown some progress in energy efficiency, the lack of detailed emissions reporting and reduction commitments highlights an area for potential improvement in their climate strategy.
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.