Shougang Group Co.,Ltd
Shougang Group Co., Ltd., commonly referred to as Shougang, is a prominent Chinese state-owned enterprise headquartered in Beijing, CN. Established in 1919, Shougang has evolved into a leading player in the steel manufacturing industry, with significant operations across various regions in China and beyond. The company is renowned for its production of high-quality steel products, including hot-rolled and cold-rolled sheets, which are integral to construction and manufacturing sectors. Shougang's commitment to innovation and sustainability sets it apart, as it continually invests in advanced technologies to enhance efficiency and reduce environmental impact. With a strong market position, Shougang has achieved notable milestones, including significant contributions to major infrastructure projects in China. Its dedication to quality and sustainability has solidified its reputation as a key player in the global steel market.
DitchCarbon Score
How does Shougang Group Co.,Ltd'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
Shougang Group Co.,Ltd's score of 5 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shougang Group Co.,Ltd's reported carbon emissions
In 2021, Shougang Group Co., Ltd reported total carbon emissions of approximately 59,340 kg CO2e, a significant reduction from 160,800 kg CO2e in 2019. This decline reflects a commitment to improving environmental performance, with emissions distributed across various scopes: 13,570 kg CO2e from Scope 1, 35,320 kg CO2e from Scope 2, and 10,450 kg CO2e from Scope 3. The company has demonstrated a consistent downward trend in emissions over the years, with total emissions decreasing from 142,500 kg CO2e in 2018 to 117,360 kg CO2e in 2020, and further to 59,340 kg CO2e in 2021. This indicates a proactive approach to reducing their carbon footprint. Despite the positive trajectory, Shougang Group has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal commitments suggests that while the company is making strides in emissions reduction, there may be opportunities for more structured climate action and transparency in their sustainability efforts.
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| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Scope 1 | 28,940 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 64,780 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 48,780 | 00,000 | 00,000 | 00,000 |
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.
Shougang Group Co.,Ltd 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.
