Public Profile

Steel Ventures LLC

Steel Ventures LLC, headquartered in the United States, is a prominent player in the steel manufacturing industry, specialising in high-quality steel products and innovative solutions. Founded in [year], the company has established itself as a leader in operational regions across North America, focusing on sectors such as construction, automotive, and energy. With a commitment to excellence, Steel Ventures offers a diverse range of products, including custom steel fabrication and advanced steel processing services. Their unique approach combines cutting-edge technology with sustainable practices, setting them apart in a competitive market. Over the years, Steel Ventures has achieved significant milestones, reinforcing its market position through strategic partnerships and a reputation for reliability and quality.

DitchCarbon Score

How does Steel Ventures LLC'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.

8

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.

12

Industry Benchmark

Steel Ventures LLC's score of 8 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.

50%

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Steel Ventures LLC's reported carbon emissions

In 2020, Steel Ventures LLC reported significant carbon emissions, totalling approximately 229,524,000 kg CO2e from Scope 1 and about 369,515,000 kg CO2e from Scope 2. This marked an increase from previous years, with emissions in 2019 at about 185,885,000 kg CO2e for Scope 1 and approximately 325,910,000 kg CO2e for Scope 2. The trend continued from 2018, where emissions were around 194,582,050 kg CO2e (Scope 1) and 312,760,000 kg CO2e (Scope 2), and from 2017, which recorded about 165,548,650 kg CO2e (Scope 1) and 245,214,000 kg CO2e (Scope 2). Despite these figures, Steel Ventures LLC has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or SBTi (Science Based Targets initiative) commitments suggests a need for further transparency regarding their climate strategy. As the steel industry faces increasing scrutiny over its environmental impact, Steel Ventures LLC's future commitments and actions will be crucial in addressing climate change and reducing emissions effectively.

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2017201820192020
Scope 1
165,548,650
000,000,000
000,000,000
000,000,000
Scope 2
245,214,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Steel Ventures LLC's primary industry is Basic iron and steel and of ferro-alloys and first products thereof, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Steel Ventures LLC is in US, which has a low grid carbon intensity relative to other regions.

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.

Steel Ventures LLC 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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