Suzuki Special Steel Co., Ltd., commonly referred to as Suzuki Steel, is a prominent player in the special steel industry, headquartered in Japan. Established in 1920, the company has built a strong reputation for its high-quality steel products, serving various sectors including automotive, aerospace, and machinery manufacturing. With major operations across Asia and a commitment to innovation, Suzuki Steel offers a diverse range of core products, including alloy steels, tool steels, and stainless steels, distinguished by their superior performance and durability. The company has achieved significant milestones, positioning itself as a leader in the market, known for its advanced manufacturing techniques and stringent quality control processes. Suzuki Steel continues to set industry standards, making it a trusted partner for businesses seeking reliable and high-performance steel solutions.
How does Suzuki Special Steel Co'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.
Mean score of companies in the Retail Trade Services 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.
Suzuki Special Steel Co's score of 26 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Suzuki Special Steel Co., Ltd, headquartered in Japan, has set ambitious climate commitments aimed at significantly reducing its greenhouse gas emissions. The company has committed to a 50% reduction in Scope 1 and Scope 2 emissions by 2030, using 2018 as the baseline year. This target has been validated through the Science Based Targets initiative (SBTi) and is aligned with the goal of limiting global warming to 1.5°C. While specific emissions data for the most recent year is not available, Suzuki Special Steel Co. is actively working to measure and reduce its Scope 3 emissions as part of its comprehensive climate strategy. The commitment to halve emissions reflects a proactive approach to sustainability within the steel industry, which is known for its significant carbon footprint. Suzuki Special Steel's targets are particularly noteworthy as they were approved through a streamlined validation route designed for small and medium-sized enterprises (SMEs), highlighting the company's dedication to climate action despite its size. The company is on track to implement these initiatives and contribute to broader efforts in combating climate change.
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.
Suzuki Special Steel Co has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
