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 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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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. 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 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

20020,0001,000,00050,000,0005,000,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)CIJSSXYDYZMNCTHCCCITIC Pacific Special SteelYear: 2024Scope 1: 32,589,133 tCO2eRevenue: $M 14,963Scope 1 Intensity: 2,177.95 tCO2e/$MIIInnovation New Material TechnologyYear: 2023Scope 1: 387,054 tCO2eRevenue: $M 10,250Scope 1 Intensity: 37.76 tCO2e/$MJJJiangsu Eastern ShenghongYear: 2023Scope 1: 875 tCO2eRevenue: $M 19,760Scope 1 Intensity: 0.04 tCO2e/$MSSShandong Iron and SteelYear: 2024Scope 1: 24,821,339 tCO2eRevenue: $M 11,249Scope 1 Intensity: 2,206.60 tCO2e/$MSSShandong Gold MiningYear: 2024Scope 1: 308,700 tCO2eRevenue: $M 11,307Scope 1 Intensity: 27.30 tCO2e/$MWestern MiningYear: 2023Scope 1: 626,016 tCO2eRevenue: $M 6,015Scope 1 Intensity: 104.08 tCO2e/$MCNGR Advanced MaterialYear: 2023Scope 1: 161,121 tCO2eRevenue: $M 4,822Scope 1 Intensity: 33.41 tCO2e/$MYongxing Special Materials TechnologyYear: 2023Scope 1: 196,118 tCO2eRevenue: $M 1,715Scope 1 Intensity: 114.35 tCO2e/$MXXXinyu Iron & SteelYear: 2023Scope 1: 19,625,639 tCO2eRevenue: $M 10,010Scope 1 Intensity: 1,960.55 tCO2e/$MYYYunnan TinYear: 2023Scope 1: 754,898 tCO2eRevenue: $M 5,960Scope 1 Intensity: 126.66 tCO2e/$MDDDingsheng New MaterialsYear: 2021Scope 1: 73,492 tCO2eRevenue: $M 2,851Scope 1 Intensity: 25.78 tCO2e/$MYYYunnan AluminiumYear: 2023Scope 1: 639,940,000 tCO2eRevenue: $M 6,004Scope 1 Intensity: 106,589.75 tCO2e/$MBloomage BiotechnologyYear: 2023Scope 1: 43,555 tCO2eRevenue: $M 855Scope 1 Intensity: 50.95 tCO2e/$MZZZhongfu Shenying Carbon FiberYear: 2023Scope 1: 4,642 tCO2eRevenue: $M 318Scope 1 Intensity: 14.60 tCO2e/$MAngang SteelYear: 2022Scope 1: 52,392,911 tCO2eRevenue: $M 18,824Scope 1 Intensity: 2,783.33 tCO2e/$MYunnan YuntianhuaYear: 2024Scope 1: 11,764,947 tCO2eRevenue: $M 8,432Scope 1 Intensity: 1,395.29 tCO2e/$MMMMaanshan Iron & SteelYear: 2024Scope 1: 34,118,400 tCO2eRevenue: $M 11,211Scope 1 Intensity: 3,043.38 tCO2e/$MNNNanJing Iron & SteelYear: 2023Scope 1: 19,509,045 tCO2eRevenue: $M 10,207Scope 1 Intensity: 1,911.30 tCO2e/$MCCChongqing Iron & SteelYear: 2023Scope 1: 15,416,869 tCO2eRevenue: $M 5,532Scope 1 Intensity: 2,786.70 tCO2e/$MTTTianshan MaterialYear: 2023Scope 1: 163,036,585 tCO2eRevenue: $M 15,109Scope 1 Intensity: 10,790.66 tCO2e/$MNingxia Baofeng Energy GroupYear: 2023Scope 1: 15,460,000 tCO2eRevenue: $M 4,100Scope 1 Intensity: 3,771.14 tCO2e/$MHHHengyi PetrochemicalYear: 2024Scope 1: 6,130,000 tCO2eRevenue: $M 17,191Scope 1 Intensity: 356.58 tCO2e/$MShanying International HoldingsYear: 2024Scope 1: 3,760,981 tCO2eRevenue: $M 4,005Scope 1 Intensity: 939.06 tCO2e/$MTaigang StainlessYear: 2023Scope 1: 21,600,000 tCO2eRevenue: $M 14,861Scope 1 Intensity: 1,453.46 tCO2e/$MCMOC GroupYear: 2023Scope 1: 1,070,000 tCO2eRevenue: $M 26,209Scope 1 Intensity: 40.83 tCO2e/$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 939.06 , 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 23 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

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