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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 GHG Emissions Data Preview

In 2024, Nippon 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).

Nippon Steel has also provided a category-level breakdown for 8 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
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Nippon 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 Nippon Steel’s data sources below and access millions more through our Disclosure Search.

a. Nippon Steel's Integrated Report 2025
a. Nippon Steel's Integrated Report 2025
b. Nippon Steel's Integrated Report 2024
b. Nippon Steel's Integrated Report 2024

Insights into Nippon Steel's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofNippon Steel amounted to75,095,000metric 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 Nippon Steeldecreased by 1.77%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Nippon Steel's Scope 1 Emissions Over Time

201920202021202220232024020 M40 M60 M80 MtCO2e-20%+13%-11%+1%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Nippon Steel's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Nippon Steel were 63,672,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Nippon Steel reduced its Scope 1 emissions over time?

Since 2019, Nippon Steel's Scope 1 emissions have decreased by 19.09%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

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

What are Nippon Steel's Scope 2 emissions?

In 2024, Nippon Steel reported Scope 2 greenhouse gas (GHG) emissions of 11,423,000 tCOâ‚‚e without specifying the calculation method.a

Has Nippon Steel reduced its Scope 2 emissions over time?

Since 2019, Nippon Steel's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have remained relatively stable, indicating that Nippon Steel's emissions have plateaued with no significant change in its energy consumption footprint.ab

Compared to the previous year(2023), Nippon Steel's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Nippon Steel's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Nippon Steel use for Scope 2 reporting?

In 2024, Nippon Steel reported its Scope 2 emissions using an unspecified methodology.a

Nippon Steel's Scope 2 Emissions Over Time

20192020202120222023202403.5 M7 M10.5 M14 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Nippon Steel's Value Chain Emissions

In 2024, Nippon Steel reported 15,643,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Nippon Steel includes a breakdown across 8of 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

Nippon Steel's Scope 3 Emissions Over Time

2020202120222023202405 M10 M15 M20 MtCO2e+8%-15%-6%0%
  • Total Scope 3
  • Year-over-Year Change

What are Nippon Steel's Scope 3 emissions?

In 2024, Nippon Steel reported total Scope 3 emissions of 15,643,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 91.47%of these emissions originated from upstream activities such as purchased goods and capital goods, while 8.53%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Nippon Steel's Scope 3 emissions remained relatively stable, indicating that Nippon Steel's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Nippon Steel disclose?

In 2024, Nippon Steel reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

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

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

  • Purchased Goods and Services (Cat. 1): 11,413,000 tCOâ‚‚e(72.96%)
  • Capital Goods (Cat. 2): 2,005,000 tCOâ‚‚e(12.82%)
  • Investments (Cat. 15): 1,334,000 tCOâ‚‚e(8.53%)

Nippon Steel's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(73.0%)Capital Goods(Cat. 2)(12.8%)Investments(Cat. 15)(8.5%)

Insights into Nippon Steel’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Nippon Steel reported Scope 1 greenhouse gas (GHG) emissions of 63,672,000 tCOâ‚‚e and total revenues of USD 58,558 millions. This translates into an emissions intensity of 1,087.32 tCOâ‚‚e per millions USD.a

Nippon Steel's Scope 1 Emissions Intensity Compared to Peers

5,00050,0001,000,00020,000,000500,000,000Scope 1 Emissions (tCO2e)2002,0005,00050,000200,000Revenues (Millions of USD)DNippon Paint HoldingsYear: 2024Scope 1: 102,807 tCO2eRevenue: $M 10,438Scope 1 Intensity: 9.85 tCO2e/$MAsahi KaseiYear: 2024Scope 1: 2,490,000 tCO2eRevenue: $M 18,389Scope 1 Intensity: 135.40 tCO2e/$MMitsubishi Chemical GroupYear: 2024Scope 1: 6,277,000 tCO2eRevenue: $M 28,970Scope 1 Intensity: 216.67 tCO2e/$MOji HoldingsYear: 2024Scope 1: 5,791,000 tCO2eRevenue: $M 11,201Scope 1 Intensity: 517.01 tCO2e/$MMitsubishi MaterialsYear: 2025Scope 1: 787,000 tCO2eRevenue: $M 13,084Scope 1 Intensity: 60.15 tCO2e/$MMitsubishi Gas ChemicalYear: 2024Scope 1: 619,000 tCO2eRevenue: $M 5,371Scope 1 Intensity: 115.24 tCO2e/$MNippon Sanso HoldingsYear: 2025Scope 1: 1,085,000 tCO2eRevenue: $M 8,722Scope 1 Intensity: 124.39 tCO2e/$MNagase & CoYear: 2024Scope 1: 39,383 tCO2eRevenue: $M 5,944Scope 1 Intensity: 6.63 tCO2e/$MNippon KayakuYear: 2024Scope 1: 32,521 tCO2eRevenue: $M 1,332Scope 1 Intensity: 24.41 tCO2e/$MDenkaYear: 2024Scope 1: 1,374,000 tCO2eRevenue: $M 2,570Scope 1 Intensity: 534.54 tCO2e/$MTakasago InternationalYear: 2024Scope 1: 30,887 tCO2eRevenue: $M 1,294Scope 1 Intensity: 23.87 tCO2e/$MDDDaio PaperYear: 2024Scope 1: 3,227,000 tCO2eRevenue: $M 4,435Scope 1 Intensity: 727.57 tCO2e/$MZeonYear: 2024Scope 1: 788,270 tCO2eRevenue: $M 2,524Scope 1 Intensity: 312.27 tCO2e/$MShin-Etsu ChemicalYear: 2024Scope 1: 2,326,000 tCO2eRevenue: $M 15,946Scope 1 Intensity: 145.86 tCO2e/$MDaido SteelYear: 2024Scope 1: 384,295 tCO2eRevenue: $M 3,820Scope 1 Intensity: 100.59 tCO2e/$MKobe SteelYear: 2024Scope 1: 14,200,000 tCO2eRevenue: $M 16,793Scope 1 Intensity: 845.59 tCO2e/$MTokuyamaYear: 2024Scope 1: 5,743,000 tCO2eRevenue: $M 2,258Scope 1 Intensity: 2,543.12 tCO2e/$MNitto DenkoYear: 2024Scope 1: 291,000 tCO2eRevenue: $M 6,043Scope 1 Intensity: 48.16 tCO2e/$MKurarayYear: 2024Scope 1: 1,917,000 tCO2eRevenue: $M 5,267Scope 1 Intensity: 363.96 tCO2e/$MResonac HoldingsYear: 2024Scope 1: 3,300,000 tCO2eRevenue: $M 8,863Scope 1 Intensity: 372.33 tCO2e/$MTokai CarbonYear: 2024Scope 1: 1,745,000 tCO2eRevenue: $M 2,230Scope 1 Intensity: 782.48 tCO2e/$MJFE HoldingsYear: 2024Scope 1: 44,000,000 tCO2eRevenue: $M 34,170Scope 1 Intensity: 1,287.70 tCO2e/$MSumitomo BakeliteYear: 2024Scope 1: 79,067 tCO2eRevenue: $M 1,897Scope 1 Intensity: 41.68 tCO2e/$MToyoboYear: 2025Scope 1: 592,000 tCO2eRevenue: $M 2,814Scope 1 Intensity: 210.36 tCO2e/$MMaruichi Steel TubeYear: 2024Scope 1: 44,518 tCO2eRevenue: $M 1,792Scope 1 Intensity: 24.85 tCO2e/$MNippon SteelYear: 2024Scope 1: 63,672,000 tCO2eRevenue: $M 58,558Scope 1 Intensity: 1,087.32 tCO2e/$M

How does Nippon Steel's GHG emissions intensity compare to its peers?

In 2024, Nippon Steel reported a Scope 1 emissions intensity of 1,087.32 tCOâ‚‚e per millions USD. Compared to the peer group median of 145.86, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Nippon Steel rank on GHG emissions intensity within its industry?

In 2024, Nippon Steel ranked 24 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Nippon Steel among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Nippon Steel's Total Carbon Footprint

In 2024, Nippon Steel reported a total carbon footprint of 90,738,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.4% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Nippon Steel's total carbon footprint was Scope 1 emissions, accounting for 70.17% of the company's total carbon footprint, followed by Scope 3 emissions at 17.24%.a

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