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China Steel Corp
China Steel's GHG Emissions Data Preview
In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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.  b | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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cVerified Sources Behind China Steel’s Greenhouse Gas (GHG) Emissions Data
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Insights into China Steel's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofChina Steel amounted to28,396,210metric 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).ab
Compared to 2023, the total operational greenhouse gas (GHG) emissions of China Steelincreased by 57.12%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
China Steel's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are China Steel's Scope 1 emissions?
In 2024, the total Scope 1 emissions of China Steel were 27,213,835 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has China Steel reduced its Scope 1 emissions over time?
Since 2020, China Steel's Scope 1 emissions have increased by 48.56%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), China Steel's Scope 1 emissions increased by 61.9%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are China Steel's Scope 2 emissions?
In 2024, China Steel reported Scope 2 greenhouse gas (GHG) emissions of 1,166,325 tCOâ‚‚e using the market-based method and 1,182,375 tCOâ‚‚e using the location-based method.b
Has China Steel reduced its Scope 2 emissions over time?
Compared to the previous year(2023), 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.b
What methodology does China Steel use for Scope 2 reporting?
In 2024, China Steel reported its Scope 2 emissions using the market-based method and using the location-based method.b
China Steel's Scope 2 Emissions Over Time
- 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 2024, China Steel reported 11,036,798 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.b
The 2024 disclosure of China Steel includes a breakdown across 15of 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.b
China Steel's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are China Steel's Scope 3 emissions?
In 2024, China Steel reported total Scope 3 emissions of 11,036,798 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).b
Approximately 17.32%of these emissions originated from upstream activities such as purchased goods and capital goods, while 82.68%came from downstream activities like product use, distribution, and end-of-life treatment.b
Has China Steel reduced its Scope 3 emissions over time?
Since 2020, China Steel's Scope 3 emissionshave remained relatively stable, indicating that China Steel's emissions have plateaued with no significant change in its value chain footprint.bd
Compared to the previous year (2023), 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.b
What categories of Scope 3 emissions does China Steel disclose?
In 2024, China Steel reported emissions for 15 out of the 15 Scope 3 categories defined by the GHG Protocol.b
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 2024, the largest contributors to China Steel's Scope 3 emissions were:b
- Investments (Cat. 15): 9,012,569.32 tCOâ‚‚e(81.66%)
- Fuel- and Energy-Related Services (Cat. 3): 1,043,501.15 tCOâ‚‚e(9.45%)
- Upstream Transportation and Distribution (Cat. 4): 427,123.33 tCOâ‚‚e(3.87%)
China Steel's Scope 3 Emissions by Categories
Insights into China Steel’s GHG Emissions Intensity Compared to Industry Peers
In 2024, China Steel reported Scope 1 greenhouse gas (GHG) emissions of 27,213,835 tCOâ‚‚e and total revenues of USD 11,005 millions. This translates into an emissions intensity of 2,472.76 tCOâ‚‚e per millions USD.a
China Steel's Scope 1 Emissions Intensity Compared to Peers
How does China Steel's GHG emissions intensity compare to its peers?
In 2024, China Steel reported a Scope 1 emissions intensity of 2,472.76 tCOâ‚‚e per millions USD. Compared to the peer group median of 173.56, 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 2024, China Steel ranked 24 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 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 2024, China Steel reported a total carbon footprint of 39,433,008 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 34.17% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to China Steel's total carbon footprint was Scope 1 emissions, accounting for 69.01% of the company's total carbon footprint, followed by Scope 3 emissions at 27.99%.ab