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CITIC Pacific Special Steel Group Co Ltd

Common Name
CITIC Pacific Special Steel
Country
China (Mainland)
Sector
Basic Materials
Industry
Steel
Employees
31,584
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 GHG Emissions Data Preview

In 2024, CITIC Pacific Special 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) and Scope 2 (indirect emissions from purchased energy).

However, CITIC Pacific Special Steel has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)20242023
Total Scope 1
32,589,133.38a
35,633,457.1a
Total Scope 2
Unspecified Calculation Method
3,022,921.73a
3,076,899.98a
Total Scope 3
N/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
2,177.952a
2,221.0984a
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Verified Sources Behind CITIC Pacific Special 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.

a. CITIC Pacific Special Steel's Sustainability Report 2024

Insights into CITIC Pacific Special Steel's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of CITIC Pacific Special Steel amounted to 35,612,055.11 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 2023, the total operational greenhouse gas (GHG) emissions of CITIC Pacific Special Steel decreased by 8%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

CITIC Pacific Special Steel's Scope 1 Emissions Over Time

2023202409 M18 M27 M36 MtCO2e-9%
  • Total Scope 1
  • Year-over-Year Change

What are CITIC Pacific Special Steel's Scope 1 emissions?

In 2024, the total Scope 1 emissions of CITIC Pacific Special Steel were 32,589,133.38 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2023), CITIC Pacific Special Steel's Scope 1 emissions decreased by 8.54%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are CITIC Pacific Special Steel's Scope 2 emissions?

In 2024, CITIC Pacific Special Steel reported Scope 2 greenhouse gas (GHG) emissions of 3,022,921.73 tCO₂e without specifying the calculation method.a

Has CITIC Pacific Special Steel reduced its Scope 2 emissions over time?

Compared to the previous year (2023), CITIC Pacific Special Steel's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that CITIC Pacific Special Steel's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does CITIC Pacific Special Steel use for Scope 2 reporting?

In 2024, CITIC Pacific Special Steel reported its Scope 2 emissions using an unspecified methodology.a

CITIC Pacific Special Steel's Scope 2 Emissions Over Time

202320240800 k1.6 M2.4 M3.2 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into CITIC Pacific Special Steel’s GHG Emissions Intensity Compared to Industry Peers

In 2024, CITIC Pacific Special Steel reported Scope 1 greenhouse gas (GHG) emissions of 32,589,133.38 tCO₂e and total revenues of USD 14,963 millions. This translates into an emissions intensity of 2,177.95 tCO₂e per millions USD.a

CITIC Pacific Special Steel's Scope 1 Emissions Intensity Compared to Peers

2,00050,0001,000,00020,000,000500,000,000Scope 1 Emissions (tCO2e)2002,0005,00020,000100,000Revenues (Millions of USD)Steel Authority of IndiaYear: 2025Scope 1: 52,178,648 tCO2eRevenue: $M 11,994Scope 1 Intensity: 4,350.34 tCO2e/$MSSABYear: 2025Scope 1: 9,839,000 tCO2eRevenue: $M 10,461Scope 1 Intensity: 940.54 tCO2e/$MGerdauYear: 2024Scope 1: 9,176,394 tCO2eRevenue: $M 10,849Scope 1 Intensity: 845.80 tCO2e/$MTerniumYear: 2024Scope 1: 16,200,000 tCO2eRevenue: $M 17,649Scope 1 Intensity: 917.90 tCO2e/$MChina SteelYear: 2024Scope 1: 27,213,835 tCO2eRevenue: $M 11,005Scope 1 Intensity: 2,472.76 tCO2e/$MBlueScope SteelYear: 2024Scope 1: 8,500,000 tCO2eRevenue: $M 11,345Scope 1 Intensity: 749.21 tCO2e/$MUnited States SteelYear: 2024Scope 1: 22,830,000 tCO2eRevenue: $M 15,640Scope 1 Intensity: 1,459.72 tCO2e/$MGuangdong Zhongnan Iron & SteelYear: 2024Scope 1: 14,381,639 tCO2eRevenue: $M 4,272Scope 1 Intensity: 3,366.68 tCO2e/$MSansteel Minguang Co Ltd FujianYear: 2024Scope 1: 15,938,077 tCO2eRevenue: $M 6,311Scope 1 Intensity: 2,525.44 tCO2e/$MTianjin You Fa Steel Pipe Group StockYear: 2024Scope 1: 241,382 tCO2eRevenue: $M 7,512Scope 1 Intensity: 32.13 tCO2e/$MXinyu Iron & SteelYear: 2024Scope 1: 19,783,890 tCO2eRevenue: $M 5,728Scope 1 Intensity: 3,453.89 tCO2e/$MChongqing Iron & SteelYear: 2024Scope 1: 11,813,841 tCO2eRevenue: $M 3,733Scope 1 Intensity: 3,164.66 tCO2e/$MHang Zhou Iron & SteelYear: 2023Scope 1: 9,413,745 tCO2eRevenue: $M 7,855Scope 1 Intensity: 1,198.42 tCO2e/$MZhejiang JIULI Hi-tech MetalsYear: 2024Scope 1: 22,676 tCO2eRevenue: $M 1,496Scope 1 Intensity: 15.16 tCO2e/$MBaoshan Iron & SteelYear: 2024Scope 1: 107,940,000 tCO2eRevenue: $M 44,137Scope 1 Intensity: 2,445.57 tCO2e/$MYongxing Special Materials TechnologyYear: 2023Scope 1: 196,118 tCO2eRevenue: $M 1,715Scope 1 Intensity: 114.35 tCO2e/$MLiuzhou Iron & SteelYear: 2024Scope 1: 35,558,200 tCO2eRevenue: $M 9,610Scope 1 Intensity: 3,700.26 tCO2e/$MMinmetals DevelopmentYear: 2024Scope 1: 114,806 tCO2eRevenue: $M 9,213Scope 1 Intensity: 12.46 tCO2e/$MShandong Iron and SteelYear: 2024Scope 1: 24,821,339 tCO2eRevenue: $M 10,485Scope 1 Intensity: 2,367.29 tCO2e/$MAngang SteelYear: 2023Scope 1: 52,246,448 tCO2eRevenue: $M 15,970Scope 1 Intensity: 3,271.44 tCO2e/$MTaigang StainlessYear: 2024Scope 1: 21,145,100 tCO2eRevenue: $M 13,754Scope 1 Intensity: 1,537.36 tCO2e/$MMaanshan Iron & SteelYear: 2024Scope 1: 34,118,400 tCO2eRevenue: $M 11,211Scope 1 Intensity: 3,043.38 tCO2e/$MHBISYear: 2024Scope 1: 52,220,000 tCO2eRevenue: $M 16,664Scope 1 Intensity: 3,133.68 tCO2e/$MNanJing Iron & SteelYear: 2024Scope 1: 19,074,153 tCO2eRevenue: $M 8,469Scope 1 Intensity: 2,252.12 tCO2e/$MBeijing ShougangYear: 2024Scope 1: 41,644,387 tCO2eRevenue: $M 14,841Scope 1 Intensity: 2,806.04 tCO2e/$MCITIC Pacific Special SteelYear: 2024Scope 1: 32,589,133 tCO2eRevenue: $M 14,963Scope 1 Intensity: 2,177.95 tCO2e/$M

How does CITIC Pacific Special Steel's GHG emissions intensity compare to its peers?

In 2024, CITIC Pacific Special Steel reported a Scope 1 emissions intensity of 2,177.95 tCO₂e per millions USD. Compared to the peer group median of 2,367.29, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does CITIC Pacific Special Steel rank on GHG emissions intensity within its industry?

In 2024, CITIC Pacific Special Steel ranked 12 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

CITIC Pacific Special Steel is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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