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In 2024, Baoshan Iron & 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Baoshan Iron & Steel has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofBaoshan Iron & Steel amounted to110,240,000metric 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 2023, the total operational greenhouse gas (GHG) emissions of Baoshan Iron & Steeldecreased by 1.34%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Baoshan Iron & Steel were 107,940,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2022, Baoshan Iron & Steel's Scope 1 emissions have increased by 3.61%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Baoshan Iron & Steel's Scope 1 emissions remained relatively stable, indicating that Baoshan Iron & Steel's emissions have plateaued with no significant change in its operational footprint.a
In 2024, Baoshan Iron & Steel reported Scope 2 greenhouse gas (GHG) emissions of 2,300,000 tCOâ‚‚e without specifying the calculation method.a
Since 2022, Baoshan Iron & Steel's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 31.95%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), Baoshan Iron & Steel's Scope 2 emissions(Unspecified Calculation Method) fell by 48.31% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Baoshan Iron & Steel reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Baoshan Iron & Steel reported 31,610,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Baoshan Iron & Steel includes a breakdown across 8of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Baoshan Iron & Steel reported total Scope 3 emissions of 31,610,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 95.54%of these emissions originated from upstream activities such as purchased goods and capital goods, while 4.46%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2022, Baoshan Iron & Steel's Scope 3 emissionshave remained relatively stable, indicating that Baoshan Iron & Steel's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), Baoshan Iron & Steel's Scope 3 emissions increased by 14.82%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Baoshan Iron & Steel reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Baoshan Iron & Steel's Scope 3 emissions were:a
In 2024, Baoshan Iron & Steel reported Scope 1 greenhouse gas (GHG) emissions of 107,940,000 tCOâ‚‚e and total revenues of USD 44,137 millions. This translates into an emissions intensity of 2,445.57 tCOâ‚‚e per millions USD.a
In 2024, Baoshan Iron & Steel reported a Scope 1 emissions intensity of 2,445.57 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
In 2024, Baoshan Iron & Steel ranked 16 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Baoshan Iron & Steel is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Baoshan Iron & Steel reported a total carbon footprint of 141,850,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.85% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Baoshan Iron & Steel's total carbon footprint was Scope 1 emissions, accounting for 76.09% of the company's total carbon footprint, followed by Scope 3 emissions at 22.28%.a