Tung Ho Steel Enterprise
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Tung Ho Steel Enterprise's score of 38 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tung Ho Steel Enterprise's reported carbon emissions
In 2023, Tung Ho Steel Enterprise reported total carbon emissions of approximately 773,409,000 kg CO2e. This figure includes Scope 1 emissions of about 187,085,000 kg CO2e, Scope 2 emissions of approximately 586,324,000 kg CO2e, and significant Scope 3 emissions totalling around 1,354,312,000 kg CO2e, with purchased goods and services contributing about 222,242,000 kg CO2e. Comparatively, in 2022, the company recorded total emissions of about 810,098,000 kg CO2e, with Scope 1 at approximately 188,593,000 kg CO2e and Scope 2 at around 621,505,000 kg CO2e. The data indicates a reduction in total emissions from 2022 to 2023. Tung Ho Steel has set ambitious climate commitments, aiming to reduce its total carbon emissions by 30% by 2030 compared to 2005 levels. This target applies to both Scope 1 and Scope 2 emissions, reflecting a proactive approach to mitigating climate impact. The company has disclosed emissions data across all relevant scopes (1, 2, and 3) and has demonstrated a commitment to transparency in its sustainability reporting. The GHG emission intensity for the iron and steel sector is reported at approximately 407 kg CO2e per tonne of steel billet production in 2023, indicating ongoing efforts to improve efficiency and reduce emissions in its operations.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 186,555,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 624,438,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 177,095,000 | 0,000,000,000 | - | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Tung Ho Steel Enterprise 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.
