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HBIS Co Ltd

Common Name
HBIS
Country
China (Mainland)
Sector
Basic Materials
Industry
Steel
Employees
29,939
Ticker
000709
Exchange
SHENZHEN STOCK EXCHANGE
Description
Hesteel Co., Ltd., a prominent Chinese iron and steel manufacturing entity, plays a vital role in the global steel industry. It is one of the largest steel producers in the world, specializing in the ...

HBIS's Climate Target Data Preview

As of 2024, HBIS has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 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 HBIS'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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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind HBIS’s Climate Targets 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. Explore HBIS’s data sources below and access millions more through our Disclosure Search.

a. HBIS's ESG Report 2024
a. HBIS's ESG Report 2024

Insights into HBIS's Greenhouse Gas Emissions Pathways

As of 2024, HBIS 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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