Hunan Valin Steel Co Ltd

Common Name
Hunan Valin Steel
Country
China (Mainland)
Sector
Basic Materials
Industry
Steel
Employees
23,419
Ticker
000932
Exchange
SHENZHEN STOCK EXCHANGE
Description
Hunan Valin Steel Co., Ltd. is a prominent entity in the steel production industry, primarily focusing on the manufacturing and distribution of steel products. Headquartered in Changsha, China, the co...

Hunan Valin Steel's Climate Target Data Preview

As of 2024, Hunan Valin Steel has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets and 1 intensity-based target target, 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 Hunan Valin Steel ’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
2040
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2040
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2050
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2050
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured
Copy restricted. Please purchase to unlock this data.
a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Hunan Valin Steel’s Climate Targets Data

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a. Hunan Valin Steel's ESG Report 2024
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Insights into Hunan Valin Steel's Greenhouse Gas Emissions Pathways

As of 2024, Hunan Valin Steel 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

Does Hunan Valin Steel have a target to reduce the emissions from its operations?

As of 2024, Hunan Valin Steel has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Hunan Valin Steel's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 0.203 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured in 2018. a

As of 2024, Hunan Valin Steel is on track to meet its operational emissions reduction target, having achieved 47.2% of the planned reduction. a

Hunan Valin Steel's Operational (Scope 1+2) Emissions Pathway

20182024203000.060.110.170.22BaselineCurrent (-24%)Target 2030 (-50%)
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