Tung Ho Steel Enterprise Co., Ltd., commonly referred to as Tung Ho Steel, is a leading player in the steel industry, headquartered in Taiwan (TW). Established in 1967, the company has grown to become a prominent manufacturer and supplier of high-quality steel products, serving major operational regions across Asia. Specialising in a diverse range of steel products, including rebar, wire rods, and structural steel, Tung Ho Steel is renowned for its commitment to innovation and quality. The company has achieved significant milestones, including the implementation of advanced production technologies that enhance efficiency and sustainability. With a strong market position, Tung Ho Steel has garnered numerous accolades for its contributions to the construction and manufacturing sectors, solidifying its reputation as a trusted partner in the steel supply chain.
How does Tung Ho Steel Enterprise'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 Metal Fabrication 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.
Tung Ho Steel Enterprise's score of 39 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Tung Ho Steel Enterprise, headquartered in Taiwan (TW), reported significant carbon emissions, with Scope 1 emissions totalling approximately 783,062,000 kg CO2e and Scope 2 emissions reaching about 1,487,077,000 kg CO2e. This data reflects a commitment to transparency in their climate impact, although no Scope 3 emissions data was disclosed. Comparatively, in 2023, the company recorded Scope 1 emissions of about 824,093,000 kg CO2e and Scope 2 emissions of approximately 1,521,825,000 kg CO2e. This indicates a slight reduction in Scope 1 emissions year-on-year, while Scope 2 emissions have also shown a decrease. Tung Ho Steel has set ambitious reduction targets, aiming for a 30% reduction in total carbon emissions by 2030 compared to 2005 levels for both Scope 1 and Scope 2 emissions. This commitment underscores their proactive approach to addressing climate change and aligns with industry standards for sustainability. The company has not disclosed any Scope 3 emissions data, which is often a significant component of total corporate emissions, particularly in the steel industry. However, their focus on reducing direct and indirect emissions demonstrates a comprehensive strategy towards achieving their climate goals.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 186,555,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 624,438,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 177,095,000 | 0,000,000,000 | - | - | - |
Tung Ho Steel Enterprise's Scope 3 emissions, which increased by 793% last year and increased by approximately 793% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 64% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 64% of Scope 3 emissions.
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.
Tung Ho Steel Enterprise 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.
