JFE Steel Corporation
JFE Steel Corporation, a leading player in the global steel industry, is headquartered in Japan (JP) and operates extensively across Asia, Europe, and North America. Founded in 2002 through the merger of Kawasaki Steel and NKK Corporation, JFE Steel has rapidly established itself as a key innovator in steel production and processing. The company specialises in a diverse range of products, including high-quality flat and long steel products, as well as steel plates and pipes. JFE Steel is renowned for its commitment to sustainability and advanced manufacturing techniques, which set its offerings apart in a competitive market. With a strong emphasis on research and development, JFE Steel has achieved significant milestones, positioning itself among the top steel manufacturers worldwide.
DitchCarbon Score
How does JFE Steel Corporation'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 Steel Reprocessing 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
JFE Steel Corporation's score of 37 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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JFE Steel Corporation's reported carbon emissions
In 2023, JFE Steel Corporation, headquartered in Japan, has not disclosed specific carbon emissions data. However, the company has set ambitious climate commitments, aiming to reduce CO2 emissions by at least 20% for both Scope 1 and Scope 2 by FY2030, compared to FY2013 levels. This target reflects a commitment to significant emissions reductions in the near term. In previous years, JFE Steel reported substantial emissions, with Scope 1 emissions reaching approximately 47,900,000,000 kg CO2e and Scope 2 emissions at about 6,300,000,000 kg CO2e in 2019. The total emissions for Scope 1 and 2 combined were around 54,200,000,000 kg CO2e. The company has also indicated a broader goal of achieving a 30% reduction in emissions across all scopes by FY2030. Furthermore, JFE Steel is aligned with the Japan Iron and Steel Federation's "Basic Policy of the Japan steel industry on 2050 Carbon Neutrality," which aims for zero-carbon steel production by 2050. This long-term vision underscores the company's commitment to sustainability and climate action. Data from JFE Steel Corporation is cascaded from its parent company, JFE Holdings, Inc., which provides additional context for its climate initiatives and performance metrics.
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| 1990 | 2013 | 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 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.
JFE Steel Corporation 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.
