Nippon Steel Corp

Common Name
Nippon Steel
Country
Japan
Sector
Basic Materials
Industry
Steel
Employees
113,639
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 2023, 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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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 Nippon Steel's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Nippon Steel amounted to 76,473,000 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 Nippon Steel increased by 1.54%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Nippon Steel's Scope 1 Emissions Over Time

201820192020202120222023025 M50 M75 M100 MtCO2e-3%-20%+13%-11%+1%
  • Total Scope 1
  • Year-over-Year Change

What are Nippon Steel's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Nippon Steel were 64,007,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Nippon Steel reduced its Scope 1 emissions over time?

Since 2018, Nippon Steel's Scope 1 emissions have decreased by 21.31%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), 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.

What are Nippon Steel's Scope 2 emissions?

In 2023, Nippon Steel reported Scope 2 greenhouse gas (GHG) emissions of 12,466,000 tCOâ‚‚e without specifying the calculation method.

Has Nippon Steel reduced its Scope 2 emissions over time?

Since 2018, 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.

Compared to the previous year (2022), 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.

What methodology does Nippon Steel use for Scope 2 reporting?

In 2023, Nippon Steel reported its Scope 2 emissions using an unspecified methodology.

Nippon Steel's Scope 2 Emissions Over Time

20182019202020212022202303.5 M7 M10.5 M14 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Nippon Steel's Value Chain Emissions

In 2023, Nippon Steel reported 15,580,000 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 Nippon Steel includes a breakdown across 8 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.

Nippon Steel's Scope 3 Emissions Over Time

202020212022202305 M10 M15 M20 MtCO2e+8%-15%-6%
  • Total Scope 3
  • Year-over-Year Change

What are Nippon Steel's Scope 3 emissions?

In 2023, Nippon Steel reported total Scope 3 emissions of 15,580,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 92.79% of these emissions originated from upstream activities such as purchased goods and capital goods, while 7.21% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), 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.

What categories of Scope 3 emissions does Nippon Steel disclose?

In 2023, Nippon Steel reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.

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

  • Purchased Goods and Services (Cat. 1): 11,995,000 tCOâ‚‚e (76.99%)
  • Capital Goods (Cat. 2): 1,571,000 tCOâ‚‚e (10.08%)
  • Investments (Cat. 15): 1,124,000 tCOâ‚‚e (7.21%)

Nippon Steel's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(77.0%)Capital Goods(Cat. 2)(10.1%)Investments(Cat. 15)(7.2%)

Insights into Nippon Steel's Total Carbon Footprint

In 2023, Nippon Steel reported a total carbon footprint of 92,053,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.16% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Nippon Steel's total carbon footprint was Scope 1 emissions, accounting for 69.53% of the company's total carbon footprint, followed by Scope 3 emissions at 16.93%.