Taiyuan Iron & Steel (Group) Co., Ltd. Sustainability Profile
Taiyuan Iron & Steel (Group) Co., Ltd., commonly known as TISCO, is a leading player in the steel manufacturing industry, headquartered in Taiyuan, Shanxi Province, China. Established in 1934, TISCO has grown to become one of the largest stainless steel producers in the world, with significant operations across various regions in China and beyond. The company specialises in the production of high-quality stainless steel products, including hot-rolled and cold-rolled sheets, bars, and coils. TISCO's commitment to innovation and sustainability sets it apart, as it continually invests in advanced technologies to enhance production efficiency and reduce environmental impact. With a strong market position, TISCO has achieved numerous accolades, solidifying its reputation as a key contributor to the global steel industry.
DitchCarbon Score
How does Taiyuan Iron & Steel (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
Taiyuan Iron & Steel (Group) Co., Ltd.'s score of 27 is higher than 59% 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
Taiyuan Iron & Steel (Group) Co., Ltd., headquartered in China, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is identified as a current subsidiary and does not inherit emissions data from a parent organisation. Consequently, there are no documented reduction targets or climate pledges available at this time. Despite the lack of specific emissions data, Taiyuan Iron & Steel is part of an industry that is increasingly focused on reducing carbon footprints and addressing climate change. The company may be involved in broader initiatives within the steel sector aimed at improving sustainability and reducing greenhouse gas emissions, although specific commitments or targets have not been disclosed. As the steel industry faces pressure to enhance its environmental performance, it is essential for companies like Taiyuan Iron & Steel to establish clear climate commitments and reduction strategies to align with global sustainability goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 9,768,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 402,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 3,436,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Taiyuan Iron & Steel (Group) Co., Ltd.'s Industry?
How Carbon Intensive is Taiyuan Iron & Steel (Group) Co., Ltd.'s Location?
Taiyuan Iron & Steel (Group) Co., Ltd.'s Scope 3 Categories Breakdown
Taiyuan Iron & Steel (Group) Co., Ltd.'s Scope 3 emissions, which decreased by 19% last year and decreased by approximately 20% since 2020, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 20% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 68% of Scope 3 emissions.
Top Scope 3 Categories
Taiyuan Iron & Steel (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.
Taiyuan Iron & Steel (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.
