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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) | 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 | ||||
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 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
In 2024, the total Scope 1 emissions of NanJing Iron & Steel were 19,074,153 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
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
In 2024, NanJing Iron & Steel reported Scope 2 greenhouse gas (GHG) emissions of 1,571,653 tCOâ‚‚e without specifying the calculation method.a
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
In 2024, NanJing Iron & Steel reported its Scope 2 emissions using an unspecified methodology.a
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
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
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.
In 2024, the largest contributors to NanJing Iron & Steel's Scope 3 emissions were:a
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
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
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
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