SHENG YU STEEL
SHENG YU STEEL, a prominent player in the steel industry, is headquartered in Taiwan (TW) and operates extensively across Asia. Founded in 1995, the company has established itself as a leader in the production of high-quality steel products, including cold-rolled steel, hot-rolled steel, and galvanised steel. With a commitment to innovation and sustainability, SHENG YU STEEL has achieved significant milestones, including the implementation of advanced manufacturing technologies that enhance product durability and performance. The company’s unique offerings cater to various sectors, such as construction, automotive, and manufacturing, positioning it as a trusted supplier in the market. Recognised for its exceptional quality and customer service, SHENG YU STEEL continues to strengthen its market position, contributing to the evolving landscape of the steel industry.
DitchCarbon Score
How does SHENG YU 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 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
SHENG YU STEEL's score of 19 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
SHENG YU STEEL's reported carbon emissions
In 2023, SHENG YU STEEL reported carbon emissions of approximately 47,620,000 kg CO2e, exclusively from Scope 2 emissions. This marks a continuation of their emissions reporting, with previous years showing significant figures: in 2022, emissions were about 73,953,700 kg CO2e (Scope 3 included), in 2021, they reached approximately 1,232,961,000 kg CO2e (with Scope 3 emissions being a major contributor), and in 2020, emissions were around 52,864,000 kg CO2e (Scope 2) and 26,364,000 kg CO2e (Scope 1). Despite these figures, SHENG YU STEEL has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company has disclosed emissions data for Scope 1, 2, and 3, highlighting the importance of addressing all scopes in their climate strategy. The emissions intensity has varied over the years, reflecting changes in operational efficiency and production methods. As a steel manufacturer based in Taiwan (TW), SHENG YU STEEL operates in an industry that is under increasing pressure to reduce greenhouse gas emissions and improve sustainability practices. The lack of specific reduction commitments suggests an opportunity for the company to enhance its climate strategy and align with global sustainability goals.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 26,232,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 2 | 53,017,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 000,000,000 | - |
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.
SHENG YU STEEL is not committed to any reduction initiatives 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.
