CITIC Pacific Special Steel Group Co Ltd

Common Name
CITIC Pacific Special Steel
Country
China (Mainland)
Sector
Basic Materials
Industry
Steel
Employees
30,960
Ticker
000708
Exchange
SHENZHEN STOCK EXCHANGE
Description
CITIC Pacific Special Steel Group Co., Ltd. is a prominent player in the steel manufacturing industry, specializing in the production of high-quality special steel. The company's primary function is t...

CITIC Pacific Special Steel's Climate Target Data Preview

As of 2024, CITIC Pacific Special Steel has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 intensity-based 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 CITIC Pacific Special Steel ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel from Unspecified Activities
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a
2030
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Revenue
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a
2035
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Revenue
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a
2060
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Verified Sources Behind CITIC Pacific Special Steel’s Climate Targets Data

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a. CITIC Pacific Special Steel's Sustainability Report 2024
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Insights into CITIC Pacific Special Steel's Greenhouse Gas Emissions Pathways

As of 2024, CITIC Pacific Special 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. a

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