SeAH Steel Corporation 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, 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 13 is lower than 58% 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 75,300,000 kg CO2e, comprising about 8,500,000 kg CO2e from Scope 1 and about 66,530,000 kg CO2e from Scope 2 emissions. This marks an increase from 2022, where emissions were about 64,541,000 kg CO2e, with Scope 1 at approximately 7,565,000 kg CO2e and Scope 2 at about 54,541,000 kg CO2e. SeAH Steel has set ambitious reduction targets, aiming for a 12% decrease in carbon emissions by 2030 compared to 2018 levels. This target applies to both Scope 1 and Scope 2 emissions, reflecting the company's commitment to improving its environmental performance. The corporation has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. SeAH Steel's climate commitments align with industry standards, focusing on reducing greenhouse gas emissions and enhancing sustainability practices within the steel manufacturing sector.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 725,170,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 972,626,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is SeAH Steel Corporation's Industry?
How Carbon Intensive is SeAH Steel Corporation's Location?
SeAH Steel Corporation'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 Corporation 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.
