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Baoshan Iron & Steel Co Ltd

Common Name
Baoshan Iron & Steel
Country
China (Mainland)
Sector
Basic Materials
Industry
Steel
Employees
46,048
Ticker
600019
Exchange
SHANGHAI STOCK EXCHANGE
Description
Baoshan Iron & Steel Co., Ltd., commonly known as Baosteel, is a leading player in the iron and steel industry. As one of China's largest steel producers, Baosteel provides a wide array of steel produ...

Baoshan Iron & Steel's GHG Emissions Data Preview

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)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Baoshan Iron & Steel’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2022, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Baoshan Iron & 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 Baoshan Iron & Steel’s data sources below and access millions more through our Disclosure Search.

a. Baoshan Iron & Steel's Sustainability Report 2024

Insights into Baoshan Iron & Steel's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Baoshan Iron & Steel amounted to 110,240,000 metric 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 & Steel decreased by 1.34%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Baoshan Iron & Steel's Scope 1 Emissions Over Time

202220232024030 M60 M90 M120 MtCO2e+3%+1%
  • Total Scope 1
  • Year-over-Year Change

What are Baoshan Iron & Steel's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Baoshan Iron & Steel were 107,940,000 metric tons of CO₂ equivalent (tCO₂e).a

Has Baoshan Iron & Steel reduced its Scope 1 emissions over time?

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

What are Baoshan Iron & Steel's Scope 2 emissions?

In 2024, Baoshan Iron & Steel reported Scope 2 greenhouse gas (GHG) emissions of 2,300,000 tCO₂e without specifying the calculation method.a

Has Baoshan Iron & Steel reduced its Scope 2 emissions over time?

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

What methodology does Baoshan Iron & Steel use for Scope 2 reporting?

In 2024, Baoshan Iron & Steel reported its Scope 2 emissions using an unspecified methodology.a

Baoshan Iron & Steel's Scope 2 Emissions Over Time

20222023202401.5 M3 M4.5 M6 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Baoshan Iron & Steel's Value Chain Emissions

In 2024, Baoshan Iron & Steel reported 31,610,000 metric tons of CO₂ equivalent (tCO₂e) 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 8 of 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

Baoshan Iron & Steel's Scope 3 Emissions Over Time

20222023202409 M18 M27 M36 MtCO2e-19%+15%
  • Total Scope 3
  • Year-over-Year Change

What are Baoshan Iron & Steel's Scope 3 emissions?

In 2024, Baoshan Iron & Steel reported total Scope 3 emissions of 31,610,000 metric tons of CO₂ equivalent (tCO₂e).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

Has Baoshan Iron & Steel reduced its Scope 3 emissions over time?

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

What categories of Scope 3 emissions does Baoshan Iron & Steel disclose?

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.

What are the main sources of Baoshan Iron & Steel's Scope 3 emissions?

In 2024, the largest contributors to Baoshan Iron & Steel's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 22,610,000 tCO₂e (71.5%)
  • Upstream Transportation and Distribution (Cat. 4): 3,580,000 tCO₂e (11.32%)
  • Capital Goods (Cat. 2): 2,740,000 tCO₂e (8.67%)

Baoshan Iron & Steel's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(11.3%)Purchased Goods andServices (Cat. 1)(71.5%)Capital Goods(Cat. 2)(8.7%)

Insights into Baoshan Iron & Steel’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Baoshan Iron & Steel reported Scope 1 greenhouse gas (GHG) emissions of 107,940,000 tCO₂e and total revenues of USD 44,137 millions. This translates into an emissions intensity of 2,445.57 tCO₂e per millions USD.a

Baoshan Iron & Steel's Scope 1 Emissions Intensity Compared to Peers

2,00050,0002,000,00050,000,0001,000,000,000Scope 1 Emissions (tCO2e)2002,00010,00050,000200,000Revenues (Millions of USD)CMJSAXYLMNCBTZSBCCCITIC Pacific Special SteelYear: 2024Scope 1: 32,589,133 tCO2eRevenue: $M 14,963Scope 1 Intensity: 2,177.95 tCO2e/$MCNBMYear: 2024Scope 1: 157,353,306 tCO2eRevenue: $M 27,043Scope 1 Intensity: 5,818.59 tCO2e/$MMMMinmetals DevelopmentYear: 2024Scope 1: 114,806 tCO2eRevenue: $M 9,213Scope 1 Intensity: 12.46 tCO2e/$MJJJiangsu Eastern ShenghongYear: 2024Scope 1: 15,814,300 tCO2eRevenue: $M 18,864Scope 1 Intensity: 838.31 tCO2e/$MSSShandong Iron and SteelYear: 2024Scope 1: 24,821,339 tCO2eRevenue: $M 11,249Scope 1 Intensity: 2,206.60 tCO2e/$MAAAluminum Corporation of ChinaYear: 2024Scope 1: 68,701,400 tCO2eRevenue: $M 32,483Scope 1 Intensity: 2,114.98 tCO2e/$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: $M 5,728Scope 1 Intensity: 3,453.89 tCO2e/$MYYYunnan CopperYear: 2024Scope 1: 580,000 tCO2eRevenue: $M 24,392Scope 1 Intensity: 23.78 tCO2e/$MLLLiuzhou Iron & SteelYear: 2024Scope 1: 35,558,200 tCO2eRevenue: $M 9,610Scope 1 Intensity: 3,700.26 tCO2e/$MAngang SteelYear: 2023Scope 1: 52,246,448 tCO2eRevenue: $M 15,970Scope 1 Intensity: 3,271.44 tCO2e/$MRongsheng PetrochemicalYear: 2024Scope 1: 26,410,900 tCO2eRevenue: $M 44,734Scope 1 Intensity: 590.40 tCO2e/$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: $M 4,272Scope 1 Intensity: 3,366.68 tCO2e/$MZZZhejiang JIULI Hi-tech MetalsYear: 2024Scope 1: 22,676 tCO2eRevenue: $M 1,496Scope 1 Intensity: 15.16 tCO2e/$MHBISYear: 2024Scope 1: 52,220,000 tCO2eRevenue: $M 16,664Scope 1 Intensity: 3,133.68 tCO2e/$MJiangxi CopperYear: 2024Scope 1: 247,100 tCO2eRevenue: $M 71,379Scope 1 Intensity: 3.46 tCO2e/$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: $M 13,754Scope 1 Intensity: 1,537.36 tCO2e/$MBBBaoshan Iron & SteelYear: 2024Scope 1: 107,940,000 tCO2eRevenue: $M 44,137Scope 1 Intensity: 2,445.57 tCO2e/$M

How does Baoshan Iron & Steel's GHG emissions intensity compare to its peers?

In 2024, Baoshan Iron & Steel reported a Scope 1 emissions intensity of 2,445.57 tCO₂e 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 Baoshan Iron & Steel rank on GHG emissions intensity within its industry?

In 2024, Baoshan Iron & Steel ranked 16 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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

Insights into Baoshan Iron & Steel's Total Carbon Footprint

In 2024, Baoshan Iron & Steel reported a total carbon footprint of 141,850,000 metric tons of CO₂ equivalent (tCO₂e) 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

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