✨ Unlock Data Exports And Disclosure Access.Start Your 30-Day Free Trial Today →

HBIS Co Ltd

Common Name
HBIS
Country
China (Mainland)
Sector
Basic Materials
Industry
Steel
Employees
30,605
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 GHG Emissions Data Preview

In 2024, HBIS 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, HBIS 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
52,220,000a
50,180,000a
Total Scope 2
Unspecified Calculation Method
1,830,000a
2,630,000a
Total Scope 3
N/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
3,133.6762a
2,905.4732a
Usage Policy

You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"

Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.

Access Datasets, Disclosures, and Sources
pro
Remove manual data sourcing from your workflow. Subscribe to Tracenable Pro to get credits for accessing and exporting datasets and disclosures across 8,500+ companies with 10+ years of historical coverage.
Download granular datasets (CSV/XLS)
Access underlying corporate disclosures (PDF)
Trace all values back to their original sources
Formats Included
Excel
CSV
Json
All data fully traceable to original sources
Used by 1,000+ teams in finance, climate, and research
Access this data via API
$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=000709&reporting_period=2024"

Verified Sources Behind HBIS’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. HBIS's ESG Report 2024

Insights into HBIS's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of HBIS amounted to 54,050,000 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 HBIS increased by 2.35%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

HBIS's Scope 1 Emissions Over Time

20232024015 M30 M45 M60 MtCO2e+4%
  • Total Scope 1
  • Year-over-Year Change

What are HBIS's Scope 1 emissions?

In 2024, the total Scope 1 emissions of HBIS were 52,220,000 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2023), HBIS's Scope 1 emissions increased by 4.07%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are HBIS's Scope 2 emissions?

In 2024, HBIS reported Scope 2 greenhouse gas (GHG) emissions of 1,830,000 tCO₂e without specifying the calculation method.a

Has HBIS reduced its Scope 2 emissions over time?

Compared to the previous year (2023), HBIS's Scope 2 emissions (Unspecified Calculation Method) fell by 30.42% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does HBIS use for Scope 2 reporting?

In 2024, HBIS reported its Scope 2 emissions using an unspecified methodology.a

HBIS's Scope 2 Emissions Over Time

202320240700 k1.4 M2.1 M2.8 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into HBIS’s GHG Emissions Intensity Compared to Industry Peers

In 2024, HBIS reported Scope 1 greenhouse gas (GHG) emissions of 52,220,000 tCO₂e and total revenues of USD 16,664 millions. This translates into an emissions intensity of 3,133.68 tCO₂e per millions USD.a

HBIS'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)United States SteelYear: 2024Scope 1: 22,830,000 tCO2eRevenue: $M 15,640Scope 1 Intensity: 1,459.72 tCO2e/$MRelianceYear: 2024Scope 1: 186,000 tCO2eRevenue: $M 13,835Scope 1 Intensity: 13.44 tCO2e/$MTata SteelYear: 2025Scope 1: 78,000,000 tCO2eRevenue: $M 25,379Scope 1 Intensity: 3,073.41 tCO2e/$MJSW SteelYear: 2025Scope 1: 53,100,752 tCO2eRevenue: $M 19,496Scope 1 Intensity: 2,723.68 tCO2e/$MSteel DynamicsYear: 2024Scope 1: 2,847,438 tCO2eRevenue: $M 17,540Scope 1 Intensity: 162.34 tCO2e/$MHyundai SteelYear: 2024Scope 1: 26,746,000 tCO2eRevenue: $M 15,828Scope 1 Intensity: 1,689.77 tCO2e/$MSalzgitterYear: 2025Scope 1: 9,364,000 tCO2eRevenue: $M 10,559Scope 1 Intensity: 886.83 tCO2e/$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: $M 5,728Scope 1 Intensity: 3,453.89 tCO2e/$MYongxing Special Materials TechnologyYear: 2023Scope 1: 196,118 tCO2eRevenue: $M 1,715Scope 1 Intensity: 114.35 tCO2e/$MBaoshan Iron & SteelYear: 2024Scope 1: 107,940,000 tCO2eRevenue: $M 44,137Scope 1 Intensity: 2,445.57 tCO2e/$MMinmetals DevelopmentYear: 2024Scope 1: 114,806 tCO2eRevenue: $M 9,213Scope 1 Intensity: 12.46 tCO2e/$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: $M 1,496Scope 1 Intensity: 15.16 tCO2e/$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: $M 14,963Scope 1 Intensity: 2,177.95 tCO2e/$MLiuzhou Iron & SteelYear: 2024Scope 1: 35,558,200 tCO2eRevenue: $M 9,610Scope 1 Intensity: 3,700.26 tCO2e/$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: $M 16,664Scope 1 Intensity: 3,133.68 tCO2e/$M

How does HBIS's GHG emissions intensity compare to its peers?

In 2024, HBIS reported a Scope 1 emissions intensity of 3,133.68 tCO₂e per millions USD. Compared to the peer group median of 2,252.12, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does HBIS rank on GHG emissions intensity within its industry?

In 2024, HBIS ranked 21 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places HBIS among the least efficient performers, with one of the highest emissions intensities in its sector.a

Want Full Access to HBIS's GHG Emissions Dataset?
Start 30-Day Free Trial