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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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).

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are China Steel's Scope 2 emissions?

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

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.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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.

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:

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

China Steel's Scope 3 Emissions by Categories

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

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 COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.