Commercial Metals Co

Common Name
Commercial Metals
Country
United States
Sector
Basic Materials
Industry
Steel
Employees
13,178
Ticker
CMC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Commercial Metals Company is a leading manufacturer and recycler of steel and metal products. The company plays a critical role in the metal industry by producing a variety of steel products, includin...

Commercial Metals's GHG Emissions Data Preview

In 2023, Commercial Metals 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).

Commercial Metals has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 2
Unspecified Calculation Method
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

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 Commercial Metals's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Commercial Metals amounted to 2,288,621 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 Commercial Metals decreased by 3.85%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Commercial Metals's Scope 1 Emissions Over Time

2018201920202021202220230300 k600 k900 k1.2 MtCO2e+34%+6%-4%+2%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Commercial Metals's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Commercial Metals were 1,056,191 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Commercial Metals reduced its Scope 1 emissions over time?

Since 2018, Commercial Metals's Scope 1 emissions have increased by 35.38%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Commercial Metals's Scope 1 emissions decreased by 2.43%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Commercial Metals's Scope 2 emissions?

In 2023, Commercial Metals reported Scope 2 greenhouse gas (GHG) emissions of 1,232,430 tCOâ‚‚e without specifying the calculation method.

Has Commercial Metals reduced its Scope 2 emissions over time?

Since 2018, Commercial Metals's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Commercial Metals 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Commercial Metals's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Commercial Metals 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Commercial Metals use for Scope 2 reporting?

In 2023, Commercial Metals reported its Scope 2 emissions using an unspecified methodology.

Commercial Metals's Scope 2 Emissions Over Time

2018201920202021202220230400 k800 k1.2 M1.6 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Commercial Metals's Value Chain Emissions

In 2023, Commercial Metals reported 1,387,937 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 Commercial Metals includes a breakdown across 1 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.

Commercial Metals's Scope 3 Emissions Over Time

201920202021202220230400 k800 k1.2 M1.6 MtCO2e+5%+2%+4%-4%
  • Total Scope 3
  • Year-over-Year Change

What are Commercial Metals's Scope 3 emissions?

In 2023, Commercial Metals reported total Scope 3 emissions of 1,387,937 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Commercial Metals's Scope 3 emissions remained relatively stable, indicating that Commercial Metals 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Commercial Metals disclose?

In 2023, Commercial Metals reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Commercial Metals's Scope 3 emissions?

In 2023, the largest contributors to Commercial Metals's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 1,387,937 tCOâ‚‚e (100%)

Commercial Metals's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(100.0%)

Insights into Commercial Metals's Total Carbon Footprint

In 2023, Commercial Metals reported a total carbon footprint of 3,676,558 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.03% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Commercial Metals's total carbon footprint was Scope 3 emissions, accounting for 37.75% of the company's total carbon footprint, followed by Scope 2 emissions at 33.52%.