Kobe Steel Ltd

Common Name
Kobe Steel
Country
Japan
Sector
Basic Materials
Industry
Steel
Employees
38,050
Ticker
5406
Exchange
TOKYO STOCK EXCHANGE
Description
Kobe Steel Ltd. is a prominent Japanese multinational corporation engaged in the production and distribution of steel and other metal products. Known for its contribution to the machinery, constructio...

Kobe Steel's GHG Emissions Data Preview

In 2023, 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Kobe Steel's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Kobe Steel amounted to 15,600,000 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Kobe Steel increased by 0.65%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Kobe Steel's Scope 1 Emissions Over Time

2019202020212022202304 M8 M12 M16 MtCO2e-3%+1%-4%0%
  • Total Scope 1
  • Year-over-Year Change

What are Kobe Steel's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Kobe Steel were 14,700,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Kobe Steel reduced its Scope 1 emissions over time?

Since 2019, Kobe Steel's Scope 1 emissions have decreased by 5.77%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Kobe Steel's Scope 1 emissions remained relatively stable, indicating that Kobe Steel's emissions have plateaued with no significant change in its operational footprint.

What are Kobe Steel's Scope 2 emissions?

In 2023, Kobe Steel reported Scope 2 greenhouse gas (GHG) emissions of 900,000 tCOâ‚‚e using the market-based method.

Has Kobe Steel reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Kobe Steel's Scope 2 emissions (Market-Based) rose by 12.5% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Kobe Steel use for Scope 2 reporting?

In 2023, Kobe Steel reported its Scope 2 emissions using the market-based method.

Kobe Steel's Scope 2 Emissions Over Time

201920202021202220230250 k500 k750 k1 MtCO2e
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Kobe Steel's Value Chain Emissions

In 2023, Kobe Steel reported 26,967,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 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 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Kobe Steel's Scope 3 Emissions Over Time

20192020202120222023015 M30 M45 M60 MtCO2e+39%-32%-14%0%
  • Total Scope 3
  • Year-over-Year Change

What are Kobe Steel's Scope 3 emissions?

In 2023, Kobe Steel reported total Scope 3 emissions of 26,967,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 22.06% of these emissions originated from upstream activities such as purchased goods and capital goods, while 77.94% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Kobe Steel reduced its Scope 3 emissions over time?

Since 2019, Kobe Steel's Scope 3 emissions have decreased by 18.21%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), 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.

What categories of Scope 3 emissions does Kobe Steel disclose?

In 2023, Kobe Steel reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Kobe Steel's Scope 3 emissions?

In 2023, the largest contributors to Kobe Steel's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 18,480,000 tCOâ‚‚e (68.53%)
  • Purchased Goods and Services (Cat. 1): 5,124,000 tCOâ‚‚e (19%)
  • Processing of Sold Products (Cat. 10): 2,482,000 tCOâ‚‚e (9.2%)

Kobe Steel's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(68.5%)Purchased Goods andServices (Cat. 1)(19.0%)Processing of SoldProducts (Cat. 10)(9.2%)

Insights into Kobe Steel's Total Carbon Footprint

In 2023, Kobe Steel reported a total carbon footprint of 42,567,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.46% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Kobe Steel's total carbon footprint was Scope 3 emissions, accounting for 63.35% of the company's total carbon footprint, followed by Scope 1 emissions at 34.53%.