Shougang Group Co.,Ltd Sustainability Profile
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 7 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Shougang Group Co.,Ltd's reported carbon emissions
In 2021, Shougang Group Co., Ltd, headquartered in China, reported no specific carbon emissions data, indicating a lack of disclosed Scope 1, 2, or 3 emissions figures. The company has not set any formal reduction targets or climate pledges, as evidenced by the absence of documented reduction initiatives or commitments to frameworks such as the Science Based Targets initiative (SBTi). The emissions data from previous years also reflects a similar trend, with no specific emissions reported for 2020, 2019, or 2018. For instance, in 2019, the company reported carbon emissions per employee at approximately 2870.0 kg CO2e, while in 2018, the intensity was noted at about 3480.0 kg CO2e per employee. These figures suggest a need for improved transparency and commitment to climate action. Shougang Group's emissions data is cascaded from its parent company, Beijing State-owned Capital Operation and Management Company Limited, which may influence its overall climate strategy. However, without specific targets or commitments, the company's approach to carbon emissions remains unclear.
How Carbon Intensive is Shougang Group Co.,Ltd's Industry?
How Carbon Intensive is Shougang Group Co.,Ltd's Location?
Shougang Group Co.,Ltd'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.
Shougang Group Co.,Ltd 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.
