Angang Steel
Angang Steel Company Limited, commonly known as Angang Steel, is a prominent player in the steel manufacturing industry, headquartered in China (CN). Established in 1993, the company has grown to become one of the largest steel producers in the country, with significant operations in regions such as Liaoning and Hebei. Specialising in a diverse range of steel products, Angang Steel offers high-quality flat and long steel products, including hot-rolled and cold-rolled sheets, which are renowned for their durability and performance. The company’s commitment to innovation and sustainability has positioned it as a leader in the market, achieving notable milestones in production capacity and technological advancements. With a strong focus on meeting the demands of various industries, Angang Steel continues to enhance its market position, contributing significantly to both domestic and international steel markets.
DitchCarbon Score
How does Angang Steel'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
Angang Steel's score of 7 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Angang Steel's reported carbon emissions
In 2021, Angang Steel reported significant carbon emissions, with Scope 1 emissions totalling approximately 44,600,297,000 kg CO2e and Scope 2 emissions at about 6,283,858,000 kg CO2e. This data reflects the company's operational impact on climate change, with a combined total of around 50,884,155,000 kg CO2e for that year. The emissions data for 2022 is not disclosed, indicating a potential gap in transparency regarding their current emissions status. Angang Steel's emissions data is cascaded from its parent company, Angang Steel Company Limited, which is a current subsidiary. The company has not set specific reduction targets or climate pledges, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP) at this time. The steel industry is known for its high carbon footprint, and Angang Steel's reported emissions highlight the ongoing challenges faced by the sector in addressing climate change. Without clear reduction commitments or initiatives, the company may struggle to align with global climate goals.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 43,913,259,000 | 00,000,000,000 |
| Scope 2 | 6,183,158,000 | 0,000,000,000 |
| Scope 3 | - | - |
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.
Angang Steel 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.
