In 2024, Kobe Steel 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).
Kobe Steel has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Kobe Steel amounted to 15,000,000 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 Kobe Steel decreased by 3.85%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b
In 2024, the total Scope 1 emissions of Kobe Steel were 14,200,000 metric tons of CO₂ equivalent (tCO₂e). a
Since 2019, Kobe Steel's Scope 1 emissions have decreased by 8.97%, reflecting a declining long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2023), Kobe Steel's Scope 1 emissions decreased by 3.4%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2024, Kobe Steel reported Scope 2 greenhouse gas (GHG) emissions of 800,000 tCO₂e without specifying the calculation method. a
Since 2019, Kobe Steel's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 11.11%, reflecting a declining long-term trend in Scope 2 emissions over time. a c
In 2024, Kobe Steel reported its Scope 2 emissions using an unspecified methodology. a
In 2024, Kobe Steel reported 25,834,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of Kobe Steel includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
In 2024, Kobe Steel reported total Scope 3 emissions of 25,834,000 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 22.33% of these emissions originated from upstream activities such as purchased goods and capital goods, while 77.67% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2019, Kobe Steel's Scope 3 emissions have decreased by 21.65%, reflecting a declining long-term trend in Scope 3 emissions over time. a c
Compared to the previous year (2023), Kobe Steel's Scope 3 emissions remained relatively stable, indicating that Kobe Steel 's emissions have plateaued with no significant change in its value chain footprint. a
In 2024, Kobe Steel reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Kobe Steel's Scope 3 emissions were: a
In 2024, Kobe Steel reported Scope 1 greenhouse gas (GHG) emissions of 14,200,000 tCO₂e and total revenues of USD 16,793 millions. This translates into an emissions intensity of 845.59 tCO₂e per millions USD. a
In 2024, Kobe Steel reported a Scope 1 emissions intensity of 845.59 tCO₂e per millions USD. Compared to the peer group median of 128.14 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, Kobe Steel 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 Kobe Steel among the least efficient performers, with one of the highest emissions intensities in its sector. a
In 2024, Kobe Steel reported a total carbon footprint of 40,834,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.07% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to Kobe Steel's total carbon footprint was Scope 3 emissions, accounting for 63.27% of the company's total carbon footprint, followed by Scope 1 emissions at 34.77%. a