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Angang Steel Co Ltd

Common Name
Angang Steel
Country
China (Mainland)
Sector
Basic Materials
Industry
Steel
Employees
25,028
Ticker
000898
Exchange
SHENZHEN STOCK EXCHANGE
Description
Angang Steel Co., Ltd. is a major player in the manufacturing and distribution of steel products, particularly serving the construction and automotive industries. As a comprehensive iron and steel ent...

Angang Steel's GHG Emissions Data Preview

In 2023, Angang Steel completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Angang Steel has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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b
0000000
Total Scope 2
Unspecified Calculation Method
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a
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a
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b
0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
0000000
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Verified Sources Behind Angang Steel’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Angang Steel’s data sources below and access millions more through our Disclosure Search.

a. Angang Steel's ESG Report 2024
a. Angang Steel's ESG Report 2024
b. Angang Steel's ESG Report 2023
b. Angang Steel's ESG Report 2023

Insights into Angang Steel's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions ofAngang Steel amounted to55,427,805metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Angang Steelincreased by 0.55%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Angang Steel's Scope 1 Emissions Over Time

202120222023015 M30 M45 M60 MtCO2e+17%0%
  • Total Scope 1
  • Year-over-Year Change

What are Angang Steel's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Angang Steel were 52,246,448 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Angang Steel reduced its Scope 1 emissions over time?

Since 2021, Angang Steel's Scope 1 emissions have increased by 17.14%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2022), Angang Steel's Scope 1 emissions remained relatively stable, indicating that Angang Steel's emissions have plateaued with no significant change in its operational footprint.a

What are Angang Steel's Scope 2 emissions?

In 2023, Angang Steel reported Scope 2 greenhouse gas (GHG) emissions of 3,181,357 tCOâ‚‚e without specifying the calculation method.a

Has Angang Steel reduced its Scope 2 emissions over time?

Since 2021, Angang Steel's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 49.37%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2022), Angang Steel's Scope 2 emissions(Unspecified Calculation Method) rose by 16.38% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Angang Steel use for Scope 2 reporting?

In 2023, Angang Steel reported its Scope 2 emissions using an unspecified methodology.a

Angang Steel's Scope 2 Emissions Over Time

20212022202302 M4 M6 M8 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Angang Steel’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Angang Steel reported Scope 1 greenhouse gas (GHG) emissions of 52,246,448 tCOâ‚‚e and total revenues of USD 15,970 millions. This translates into an emissions intensity of 3,271.44 tCOâ‚‚e per millions USD.a

Angang Steel's Scope 1 Emissions Intensity Compared to Peers

201,000100,00010,000,000500,000,000Scope 1 Emissions (tCO2e)2002,0005,00020,000100,000Revenues (Millions of USD)CIMSXLMNCBTHZBSBCCCCITIC Pacific Special SteelYear: 2024Scope 1: 32,589,133 tCO2eRevenue: $M 14,963Scope 1 Intensity: 2,177.95 tCO2e/$MIIInnovation New Material TechnologyYear: 2024Scope 1: 418,154 tCO2eRevenue: $M 11,091Scope 1 Intensity: 37.70 tCO2e/$MMMMinmetals DevelopmentYear: 2024Scope 1: 114,806 tCO2eRevenue: $M 9,213Scope 1 Intensity: 12.46 tCO2e/$MChina Risun GroupYear: 2024Scope 1: 8,282,412 tCO2eRevenue: $M 7,125Scope 1 Intensity: 1,162.48 tCO2e/$MSSShandong Iron and SteelYear: 2024Scope 1: 24,821,339 tCO2eRevenue: $M 11,249Scope 1 Intensity: 2,206.60 tCO2e/$MYongxing Special Materials TechnologyYear: 2023Scope 1: 196,118 tCO2eRevenue: $M 1,715Scope 1 Intensity: 114.35 tCO2e/$MXXXinyu Iron & SteelYear: 2024Scope 1: 19,783,890 tCO2eRevenue: $M 5,728Scope 1 Intensity: 3,453.89 tCO2e/$MLLLiuzhou Iron & SteelYear: 2024Scope 1: 35,558,200 tCO2eRevenue: $M 9,610Scope 1 Intensity: 3,700.26 tCO2e/$MMMMaanshan Iron & SteelYear: 2024Scope 1: 34,118,400 tCO2eRevenue: $M 11,211Scope 1 Intensity: 3,043.38 tCO2e/$MHengli PetrochemicalYear: 2024Scope 1: 47,201,832 tCO2eRevenue: $M 32,392Scope 1 Intensity: 1,457.20 tCO2e/$MNNNanJing Iron & SteelYear: 2024Scope 1: 19,074,153 tCO2eRevenue: $M 8,469Scope 1 Intensity: 2,252.12 tCO2e/$MCCChongqing Iron & SteelYear: 2024Scope 1: 11,813,841 tCO2eRevenue: $M 3,733Scope 1 Intensity: 3,164.66 tCO2e/$MBBBeijing ShougangYear: 2024Scope 1: 41,644,387 tCO2eRevenue: $M 14,841Scope 1 Intensity: 2,806.04 tCO2e/$MTTTianjin You Fa Steel Pipe Group StockYear: 2024Scope 1: 241,382 tCO2eRevenue: $M 7,512Scope 1 Intensity: 32.13 tCO2e/$MGuangdong Zhongnan Iron & SteelYear: 2024Scope 1: 14,381,639 tCO2eRevenue: $M 4,272Scope 1 Intensity: 3,366.68 tCO2e/$MHHHengyi PetrochemicalYear: 2024Scope 1: 6,130,000 tCO2eRevenue: $M 17,191Scope 1 Intensity: 356.58 tCO2e/$MZZZhejiang JIULI Hi-tech MetalsYear: 2024Scope 1: 22,676 tCO2eRevenue: $M 1,496Scope 1 Intensity: 15.16 tCO2e/$MBBBaoshan Iron & SteelYear: 2024Scope 1: 107,940,000 tCO2eRevenue: $M 44,137Scope 1 Intensity: 2,445.57 tCO2e/$MHBISYear: 2024Scope 1: 52,220,000 tCO2eRevenue: $M 16,664Scope 1 Intensity: 3,133.68 tCO2e/$MHang Zhou Iron & SteelYear: 2023Scope 1: 9,413,745 tCO2eRevenue: $M 7,855Scope 1 Intensity: 1,198.42 tCO2e/$MSSSansteel Minguang Co Ltd FujianYear: 2024Scope 1: 15,938,077 tCO2eRevenue: $M 6,311Scope 1 Intensity: 2,525.44 tCO2e/$MTaigang StainlessYear: 2024Scope 1: 21,145,100 tCO2eRevenue: $M 13,754Scope 1 Intensity: 1,537.36 tCO2e/$MBBBBMGYear: 2024Scope 1: 47,139,300 tCO2eRevenue: $M 15,038Scope 1 Intensity: 3,134.65 tCO2e/$MCCCITIC MetalYear: 2024Scope 1: 31 tCO2eRevenue: $M 18,224Scope 1 Intensity: 0.00 tCO2e/$MCMOC GroupYear: 2024Scope 1: 1,340,000 tCO2eRevenue: $M 29,190Scope 1 Intensity: 45.91 tCO2e/$MAngang SteelYear: 2023Scope 1: 52,246,448 tCO2eRevenue: $M 15,970Scope 1 Intensity: 3,271.44 tCO2e/$M

How does Angang Steel's GHG emissions intensity compare to its peers?

In 2023, Angang Steel reported a Scope 1 emissions intensity of 3,271.44 tCOâ‚‚e per millions USD. Compared to the peer group median of 2,177.95, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Angang Steel rank on GHG emissions intensity within its industry?

In 2023, Angang Steel ranked 23 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Angang Steel among the least efficient performers, with one of the highest emissions intensities in its sector.a

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