Nippon Steel Corp

Common Name
Nippon Steel
Country
Japan
Sector
Basic Materials
Industry
Steel
Employees
113,845
Ticker
5401
Exchange
TOKYO STOCK EXCHANGE
Description
Nippon Steel Corporation is a leading integrated steel producer based in Japan. As one of the largest steel manufacturers in the world, it is primarily engaged in the production of a wide range of ste...

Nippon Steel's Climate Target Data Preview

As of 2024, Nippon Steel has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, 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 Nippon 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)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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 Nippon Steel’s Climate Targets Data

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a. Nippon Steel's Integrated Report 2024
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Insights into Nippon Steel's Greenhouse Gas Emissions Pathways

As of 2024, Nippon 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 Nippon Steel have a target to reduce the emissions from its operations?

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

Nippon Steel's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 103,403,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2013. a

As of 2023, Nippon Steel is ahead of schedule on its operational emissions reduction target, having achieved 86.8% of the planned reduction. a

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

201320232030030 M60 M90 M120 MBaselineCurrent (-26%)
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