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NanJing Iron & Steel Co Ltd

Common Name
NanJing Iron & Steel
Country
China (Mainland)
Sector
Basic Materials
Industry
Steel
Employees
14,037
Ticker
600282
Exchange
SHANGHAI STOCK EXCHANGE
Description
Nanjing Iron & Steel Co., Ltd. is an established entity in the realm of manufacturing and distributing steel products. It primarily focuses on the production and sale of steel and iron ores, providing...

NanJing Iron & Steel's GHG Emissions Data Preview

In 2024, NanJing Iron & 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).

NanJing Iron & Steel has also provided a category-level breakdown for 2 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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0000000
Total Scope 2
Unspecified Calculation Method
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b
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
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Verified Sources Behind NanJing Iron & Steel’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 NanJing Iron & Steel’s data sources below and access millions more through our Disclosure Search.

a. NanJing Iron & Steel's Sustainable Development Report 2024
a. NanJing Iron & Steel's Sustainable Development Report 2024
b. NanJing Iron & Steel's Sustainability Report 2023
b. NanJing Iron & Steel's Sustainability Report 2023

Insights into NanJing Iron & Steel's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofNanJing Iron & Steel amounted to20,645,806metric 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 NanJing Iron & Steelincreased by 1.72%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

NanJing Iron & Steel's Scope 1 Emissions Over Time

202120222023202405 M10 M15 M20 MtCO2e-7%+10%0%
  • Total Scope 1
  • Year-over-Year Change

What are NanJing Iron & Steel's Scope 1 emissions?

In 2024, the total Scope 1 emissions of NanJing Iron & Steel were 19,074,153 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has NanJing Iron & Steel reduced its Scope 1 emissions over time?

Since 2021, NanJing Iron & Steel's Scope 1 emissions have increased by 2.29%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), NanJing Iron & Steel's Scope 1 emissions remained relatively stable, indicating that NanJing Iron & Steel's emissions have plateaued with no significant change in its operational footprint.a

What are NanJing Iron & Steel's Scope 2 emissions?

In 2024, NanJing Iron & Steel reported Scope 2 greenhouse gas (GHG) emissions of 1,571,653 tCOâ‚‚e without specifying the calculation method.a

Has NanJing Iron & Steel reduced its Scope 2 emissions over time?

Since 2021, NanJing Iron & Steel's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 12.09%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), NanJing Iron & Steel's Scope 2 emissions(Unspecified Calculation Method) rose by 19.58% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does NanJing Iron & Steel use for Scope 2 reporting?

In 2024, NanJing Iron & Steel reported its Scope 2 emissions using an unspecified methodology.a

NanJing Iron & Steel's Scope 2 Emissions Over Time

20212022202320240450 k900 k1.35 M1.8 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into NanJing Iron & Steel's Value Chain Emissions

In 2024, NanJing Iron & Steel reported 640.42 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of NanJing Iron & Steel includes a breakdown across 2of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

NanJing Iron & Steel's Scope 3 Emissions Over Time

20240200400600800tCO2e
  • Total Scope 3
  • Year-over-Year Change

What are NanJing Iron & Steel's Scope 3 emissions?

In 2024, NanJing Iron & Steel reported total Scope 3 emissions of 640.42 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

What categories of Scope 3 emissions does NanJing Iron & Steel disclose?

In 2024, NanJing Iron & Steel reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of NanJing Iron & Steel's Scope 3 emissions?

In 2024, the largest contributors to NanJing Iron & Steel's Scope 3 emissions were:a

  • Business Travel (Cat. 6): 634.67 tCOâ‚‚e(99.1%)
  • Employee Commuting (Cat. 7): 5.75 tCOâ‚‚e(0.9%)

NanJing Iron & Steel's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(99.1%)

Insights into NanJing Iron & Steel’s GHG Emissions Intensity Compared to Industry Peers

In 2024, NanJing Iron & Steel reported Scope 1 greenhouse gas (GHG) emissions of 19,074,153 tCOâ‚‚e and total revenues of USD 8,469 millions. This translates into an emissions intensity of 2,252.12 tCOâ‚‚e per millions USD.a

NanJing Iron & Steel's Scope 1 Emissions Intensity Compared to Peers

201,000100,00010,000,0001,000,000,000Scope 1 Emissions (tCO2e)2002,0005,00020,000100,000Revenues (Millions of USD)CMSXDLSMCTBTKHZBSCNCCCITIC Pacific Special SteelYear: 2024Scope 1: 32,589,133 tCO2eRevenue: $M 14,963Scope 1 Intensity: 2,177.95 tCO2e/$MMMMinmetals DevelopmentYear: 2024Scope 1: 114,806 tCO2eRevenue: $M 9,213Scope 1 Intensity: 12.46 tCO2e/$MSSShandong Iron and SteelYear: 2024Scope 1: 24,821,339 tCO2eRevenue: $M 11,249Scope 1 Intensity: 2,206.60 tCO2e/$MYongxing Special Materials TechnologyYear: 2023Scope 1: 196,118 tCO2eRevenue: $M 1,715Scope 1 Intensity: 114.35 tCO2e/$MXXXinyu Iron & SteelYear: 2024Scope 1: 19,783,890 tCO2eRevenue: $M 5,728Scope 1 Intensity: 3,453.89 tCO2e/$MDDDingsheng New MaterialsYear: 2024Scope 1: 1,278,263 tCO2eRevenue: $M 3,291Scope 1 Intensity: 388.35 tCO2e/$MLLLiuzhou Iron & SteelYear: 2024Scope 1: 35,558,200 tCO2eRevenue: $M 9,610Scope 1 Intensity: 3,700.26 tCO2e/$MSanyou ChemicalYear: 2024Scope 1: 4,302,333 tCO2eRevenue: $M 2,927Scope 1 Intensity: 1,469.90 tCO2e/$MSSShanxi Meijin EnergyYear: 2024Scope 1: 5,512,007 tCO2eRevenue: $M 2,608Scope 1 Intensity: 2,113.79 tCO2e/$MAngang SteelYear: 2023Scope 1: 52,246,448 tCO2eRevenue: $M 15,970Scope 1 Intensity: 3,271.44 tCO2e/$MMMMaanshan Iron & SteelYear: 2024Scope 1: 34,118,400 tCO2eRevenue: $M 11,211Scope 1 Intensity: 3,043.38 tCO2e/$MCCChongqing Iron & SteelYear: 2024Scope 1: 11,813,841 tCO2eRevenue: $M 3,733Scope 1 Intensity: 3,164.66 tCO2e/$MTTTianshan MaterialYear: 2024Scope 1: 141,472,150 tCO2eRevenue: $M 11,920Scope 1 Intensity: 11,868.23 tCO2e/$MBBBeijing ShougangYear: 2024Scope 1: 41,644,387 tCO2eRevenue: $M 14,841Scope 1 Intensity: 2,806.04 tCO2e/$MTTTianjin You Fa Steel Pipe Group StockYear: 2024Scope 1: 241,382 tCO2eRevenue: $M 7,512Scope 1 Intensity: 32.13 tCO2e/$MKKKingfa Sci & TechYear: 2024Scope 1: 794,353 tCO2eRevenue: $M 8,292Scope 1 Intensity: 95.80 tCO2e/$MGuangdong Zhongnan Iron & SteelYear: 2024Scope 1: 14,381,639 tCO2eRevenue: $M 4,272Scope 1 Intensity: 3,366.68 tCO2e/$MHHHengyi PetrochemicalYear: 2024Scope 1: 6,130,000 tCO2eRevenue: $M 17,191Scope 1 Intensity: 356.58 tCO2e/$MZZZhejiang JIULI Hi-tech MetalsYear: 2024Scope 1: 22,676 tCO2eRevenue: $M 1,496Scope 1 Intensity: 15.16 tCO2e/$MBBBaoshan Iron & SteelYear: 2024Scope 1: 107,940,000 tCO2eRevenue: $M 44,137Scope 1 Intensity: 2,445.57 tCO2e/$MHBISYear: 2024Scope 1: 52,220,000 tCO2eRevenue: $M 16,664Scope 1 Intensity: 3,133.68 tCO2e/$MHang Zhou Iron & SteelYear: 2023Scope 1: 9,413,745 tCO2eRevenue: $M 7,855Scope 1 Intensity: 1,198.42 tCO2e/$MSSSansteel Minguang Co Ltd FujianYear: 2024Scope 1: 15,938,077 tCO2eRevenue: $M 6,311Scope 1 Intensity: 2,525.44 tCO2e/$MTaigang StainlessYear: 2024Scope 1: 21,145,100 tCO2eRevenue: $M 13,754Scope 1 Intensity: 1,537.36 tCO2e/$MCCCITIC MetalYear: 2024Scope 1: 31 tCO2eRevenue: $M 18,224Scope 1 Intensity: 0.00 tCO2e/$MNNNanJing Iron & SteelYear: 2024Scope 1: 19,074,153 tCO2eRevenue: $M 8,469Scope 1 Intensity: 2,252.12 tCO2e/$M

How does NanJing Iron & Steel's GHG emissions intensity compare to its peers?

In 2024, NanJing Iron & Steel reported a Scope 1 emissions intensity of 2,252.12 tCOâ‚‚e per millions USD. Compared to the peer group median of 2,177.95, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does NanJing Iron & Steel rank on GHG emissions intensity within its industry?

In 2024, NanJing Iron & Steel ranked 15 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

NanJing Iron & Steel is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into NanJing Iron & Steel's Total Carbon Footprint

In 2024, NanJing Iron & Steel reported a total carbon footprint of 20,646,446.42 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.72% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to NanJing Iron & Steel's total carbon footprint was Scope 1 emissions, accounting for 92.38% of the company's total carbon footprint, followed by Scope 2 emissions at 7.61%.a

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