Chung Hung Steel Corp

Common Name
Chung Hung Steel
Country
Taiwan
Sector
Basic Materials
Industry
Steel
Employees
N/A
Ticker
2014
Exchange
TAIWAN STOCK EXCHANGE
Description
Chung Hung Steel Corp. is a prominent manufacturing company specializing in the production of steel-related products. The corporation is primarily focused on the steel industry, providing crucial mate...

Chung Hung Steel's Climate Target Data Preview

As of 2023, Chung Hung Steel has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Chung Hung Steel ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040

This table provides a simplified preview of selected climate targets 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 Chung Hung Steel's Greenhouse Gas Emissions Pathways

As of 2023, Chung Hung Steel has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Chung Hung Steel have a target to reduce the emissions from its operations?

As of 2023, Chung Hung Steel has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Chung Hung Steel's most ambitious operational target is to reduce these emissions by 50% by 2040, compared to a baseline of 379,254 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

As of 2023, Chung Hung Steel is ahead of schedule on its operational emissions reduction target, having achieved 53.84% of the planned reduction.

Chung Hung Steel's Operational (Scope 1+2) Emissions Pathway

20182023202520302040095 k190 k285 k380 kCurrent (-27%)Target 2025 (-7%)Target 2040 (-50%)
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