Sanyo Special Steel

Sanyo Special Steel, a Japanese company in the basic iron and steel industry, reported approximately 2.16 billion kg CO2e in total emissions for the fiscal year 2024. This figure comprises approximately 242 million kg CO2e from Scope 1, around 313 million kg CO2e from Scope 2, and approximately 1.28 billion kg CO2e from Scope 3 emissions.

For fiscal year 2021, Sanyo Special Steel's total emissions were approximately 2.82 billion kg CO2e, with Scope 1 emissions around 343 million kg CO2e, Scope 2 emissions approximately 373 million kg CO2e, and Scope 3 emissions totalling about 1.74 billion kg CO2e. In fiscal year 2020, total emissions were approximately 628 million kg CO2e, comprising 237 million kg CO2e from Scope 1 and 254 million kg CO2e from Scope 2, with Scope 3 emissions of approximately 137 million kg CO2e. In fiscal year 2019, total emissions stood at approximately 927 million kg CO2e, with Scope 1 at 261 million kg CO2e and Scope 2 at 305 million kg CO2e, alongside Scope 3 emissions of approximately 461 million kg CO2e. In fiscal year 2018, total emissions were approximately 1.097 billion kg CO2e, with Scope 1 at 320 million kg CO2e and Scope 2 at 457 million kg CO2e, and Scope 3 emissions totalling about 375 million kg CO2e.

Sanyo Special Steel has set near-term climate targets aligned with the Science Based Targets initiative (SBTi). These targets commit the company to reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 42% by fiscal year 2030, using a fiscal year 2021 baseline. Additionally, Sanyo Special Steel aims to reduce absolute Scope 3 GHG emissions by 25% within the same timeframe. These targets are validated as consistent with keeping warming to 1.5°C.

Sanyo Special Steel's emissions data is cascaded from its parent organisation, Sanyo Special Steel Co., Ltd. The company also has a relationship with Nippon Steel Corporation, which is at cascade level 1.