China Steel Corp

Common Name
China Steel
Country
Taiwan
Sector
Basic Materials
Industry
Steel
Employees
N/A
Ticker
2002
Exchange
TAIWAN STOCK EXCHANGE
Description
China Steel Corporation is a leading steel manufacturer based in Taiwan, renowned for its comprehensive production of steel products, including hot and cold-rolled steel coils, steel plates, and struc...

China Steel's GHG Emissions Data Preview

In 2023, China 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).

China Steel has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind China 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 China Steel’s data sources below and access millions more through our Disclosure Search.

a. China Steel's Webpage captured from company’s website 2023
a. China Steel's Webpage captured from company’s website 2023
b. China Steel's Webpage captured from company’s website 2022
b. China Steel's Webpage captured from company’s website 2022

Insights into China Steel's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of China Steel amounted to 18,072,788 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 2022, the total operational greenhouse gas (GHG) emissions of China Steel decreased by 7.9%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

China Steel's Scope 1 Emissions Over Time

202020212022202305.5 M11 M16.5 M22 MtCO2e+14%-13%-8%
  • Total Scope 1
  • Year-over-Year Change

What are China Steel's Scope 1 emissions?

In 2023, the total Scope 1 emissions of China Steel were 16,809,455 metric tons of CO₂ equivalent (tCO₂e). a

Has China Steel reduced its Scope 1 emissions over time?

Since 2020, China Steel's Scope 1 emissions have decreased by 8.24%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), China Steel's Scope 1 emissions decreased by 7.89%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are China Steel's Scope 2 emissions?

In 2023, China Steel reported Scope 2 greenhouse gas (GHG) emissions of 1,249,102 tCO₂e using the market-based method and 1,263,333 tCO₂e using the location-based method. a

Has China Steel reduced its Scope 2 emissions over time?

Compared to the previous year (2022), China Steel's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that China Steel 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does China Steel use for Scope 2 reporting?

In 2023, China Steel reported its Scope 2 emissions using the market-based method and using the location-based method. a

China Steel's Scope 2 Emissions Over Time

20202021202220230350 k700 k1.05 M1.4 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into China Steel's Value Chain Emissions

In 2023, China Steel reported 11,317,608.72 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 2023 disclosure of China Steel includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

China Steel's Scope 3 Emissions Over Time

202020212022202303.5 M7 M10.5 M14 MtCO2e+8%-7%+1%
  • Total Scope 3
  • Year-over-Year Change

What are China Steel's Scope 3 emissions?

In 2023, China Steel reported total Scope 3 emissions of 11,317,608.72 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 17.31% of these emissions originated from upstream activities such as purchased goods and capital goods, while 82.69% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has China Steel reduced its Scope 3 emissions over time?

Since 2020, China Steel's Scope 3 emissions have remained relatively stable, indicating that China Steel 's emissions have plateaued with no significant change in its value chain footprint. a b

Compared to the previous year (2022), China Steel's Scope 3 emissions remained relatively stable, indicating that China Steel 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does China Steel disclose?

In 2023, China Steel reported emissions for 15 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of China Steel's Scope 3 emissions?

In 2023, the largest contributors to China Steel's Scope 3 emissions were: a

  • Investments (Cat. 15): 9,234,671.21 tCO₂e (81.6%)
  • Fuel- and Energy-Related Services (Cat. 3): 1,012,053.87 tCO₂e (8.94%)
  • Upstream Transportation and Distribution (Cat. 4): 423,018.44 tCO₂e (3.74%)

China Steel's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(3.7%)Investments(Cat. 15)(81.6%)Fuel- andEnergy-RelatedServices (Cat. 3)(8.9%)

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

In 2023, China Steel reported Scope 1 greenhouse gas (GHG) emissions of 16,809,455 tCO₂e and total revenues of USD 11,844 millions. This translates into an emissions intensity of 1,419.28 tCO₂e per millions USD. a

China Steel's Scope 1 Emissions Intensity Compared to Peers

2005,000200,0005,000,000200,000,000Scope 1 Emissions (tCO2e)201001,0005,00020,000Revenues (Millions of USD)TGUNHTNAFCTTTaiwan Glass IndYear: 2023Scope 1: 387,214 tCO2eRevenue: $M 1,487Scope 1 Intensity: 260.39 tCO2e/$MWalsin LihwaYear: 2024Scope 1: 3,206,945 tCO2eRevenue: $M 5,474Scope 1 Intensity: 585.88 tCO2e/$MFormosa PlasticsYear: 2024Scope 1: 3,454,675 tCO2eRevenue: $M 6,106Scope 1 Intensity: 565.76 tCO2e/$MTCC Group HoldingsYear: 2024Scope 1: 41,848,591 tCO2eRevenue: $M 4,719Scope 1 Intensity: 8,867.36 tCO2e/$MYC InoxYear: 2021Scope 1: 1,826 tCO2eRevenue: $M 641Scope 1 Intensity: 2.85 tCO2e/$MTung Ho Steel EnterpriseYear: 2023Scope 1: 187,085 tCO2eRevenue: $M 1,987Scope 1 Intensity: 94.14 tCO2e/$MGGGrand Pacific PetrochemicalYear: 2023Scope 1: 412,173 tCO2eRevenue: $M 512Scope 1 Intensity: 804.38 tCO2e/$MChung Hwa PulpYear: 2023Scope 1: 754,800 tCO2eRevenue: $M 683Scope 1 Intensity: 1,104.96 tCO2e/$MUUUSIYear: 2023Scope 1: 21,070 tCO2eRevenue: $M 1,704Scope 1 Intensity: 12.37 tCO2e/$MYFYYear: 2024Scope 1: 4,720,569 tCO2eRevenue: $M 2,394Scope 1 Intensity: 1,972.18 tCO2e/$MNNNantex IndustryYear: 2023Scope 1: 1,378 tCO2eRevenue: $M 291Scope 1 Intensity: 4.73 tCO2e/$MTaiwan FertilizerYear: 2023Scope 1: 377,763 tCO2eRevenue: $M 489Scope 1 Intensity: 771.81 tCO2e/$MSesodaYear: 2023Scope 1: 46,964 tCO2eRevenue: $M 192Scope 1 Intensity: 245.05 tCO2e/$MHHHsin Kuang SteelYear: 2023Scope 1: 4,313 tCO2eRevenue: $M 524Scope 1 Intensity: 8.23 tCO2e/$MTaita ChemicalYear: 2023Scope 1: 16,748 tCO2eRevenue: $M 496Scope 1 Intensity: 33.79 tCO2e/$MTTTaiwan Styrene MonomerYear: 2023Scope 1: 175,429 tCO2eRevenue: $M 311Scope 1 Intensity: 564.04 tCO2e/$MNNNan Ya PlasticsYear: 2024Scope 1: 4,998,058 tCO2eRevenue: $M 7,925Scope 1 Intensity: 630.70 tCO2e/$MAAAsia CementYear: 2024Scope 1: 21,078,502 tCO2eRevenue: $M 2,329Scope 1 Intensity: 9,050.46 tCO2e/$MFormosan Rubber GroupYear: 2023Scope 1: 605 tCO2eRevenue: $M 44Scope 1 Intensity: 13.65 tCO2e/$MTSRCYear: 2023Scope 1: 139,250 tCO2eRevenue: $M 1,024Scope 1 Intensity: 135.93 tCO2e/$MFormosa Chemicals and FibreYear: 2024Scope 1: 10,858,237 tCO2eRevenue: $M 10,641Scope 1 Intensity: 1,020.38 tCO2e/$MEternal MaterialsYear: 2023Scope 1: 81,591 tCO2eRevenue: $M 1,384Scope 1 Intensity: 58.96 tCO2e/$MFFFeng Hsin SteelYear: 2023Scope 1: 197,346 tCO2eRevenue: $M 1,137Scope 1 Intensity: 173.56 tCO2e/$MCSRCYear: 2023Scope 1: 909,611 tCO2eRevenue: $M 583Scope 1 Intensity: 1,561.04 tCO2e/$MCCChung Hung SteelYear: 2023Scope 1: 146,772 tCO2eRevenue: $M 1,231Scope 1 Intensity: 119.23 tCO2e/$MChina SteelYear: 2023Scope 1: 16,809,455 tCO2eRevenue: $M 11,844Scope 1 Intensity: 1,419.28 tCO2e/$M

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

In 2023, China Steel reported a Scope 1 emissions intensity of 1,419.28 tCO₂e per millions USD. Compared to the peer group median of 260.39 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2023, China Steel ranked 22 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into China Steel's Total Carbon Footprint

In 2023, China Steel reported a total carbon footprint of 29,390,396.72 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.7% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to China Steel's total carbon footprint was Scope 1 emissions, accounting for 57.19% of the company's total carbon footprint, followed by Scope 3 emissions at 38.51%. a

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