Nucor Corp

Common Name
Nucor
Country
United States
Sector
Basic Materials
Industry
Steel
Employees
32,700
Ticker
NUE
Exchange
NEW YORK STOCK EXCHANGE, INC.
Website
nucor.com
Description
Nucor Corporation is a leading American steel producer recognized for its innovative approach to steel production and commitment to sustainability. As one of the largest producers of steel and related...

Nucor's GHG Emissions Data Preview

In 2024, Nucor 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).

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

a. Nucor's Verification report 2024
a. Nucor's Verification report 2024
b. Nucor's CSR Report 2023
b. Nucor's CSR Report 2023
c. Nucor's CSR Report 2022
c. Nucor's CSR Report 2022
d. Nucor's CSR Report 2020
d. Nucor's CSR Report 2020

Insights into Nucor's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Nucor amounted to 9,508,872 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). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Nucor decreased by 23.93%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

Nucor's Scope 1 Emissions Over Time

201820192020202120222023202402 M4 M6 M8 MtCO2e-8%+7%+51%-8%+5%-39%
  • Total Scope 1
  • Year-over-Year Change

What are Nucor's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Nucor were 4,138,753 metric tons of CO₂ equivalent (tCO₂e). a

Has Nucor reduced its Scope 1 emissions over time?

Since 2018, Nucor's Scope 1 emissions have decreased by 13.78%, reflecting a declining long-term trend in Scope 1 emissions over time. a d

Compared to the previous year (2023), Nucor's Scope 1 emissions decreased by 39.14%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b

What are Nucor's Scope 2 emissions?

In 2024, Nucor reported Scope 2 greenhouse gas (GHG) emissions of 5,102,884 tCO₂e using the market-based method and 5,370,119 tCO₂e using the location-based method. a

What methodology does Nucor use for Scope 2 reporting?

In 2024, Nucor reported its Scope 2 emissions using the market-based method and using the location-based method. a

Nucor's Scope 2 Emissions Over Time

2020202120222023202401.5 M3 M4.5 M6 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Nucor's Value Chain Emissions

In 2024, Nucor reported 6,532,012 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Nucor includes a breakdown across 1 of 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 chain a

Nucor's Scope 3 Emissions Over Time

2020202120222023202402.5 M5 M7.5 M10 MtCO2e-1%+21%-6%-21%
  • Total Scope 3
  • Year-over-Year Change

What are Nucor's Scope 3 emissions?

In 2024, Nucor reported total Scope 3 emissions of 6,532,012 metric tons of CO₂ equivalent (tCO₂e). 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

Compared to the previous year (2023), Nucor's Scope 3 emissions decreased by 21.3%, highlighting the company's efforts to lower indirect emissions from its value chain. a b

What categories of Scope 3 emissions does Nucor disclose?

In 2024, Nucor reported emissions for 1 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 Nucor's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 6,532,012 tCO₂e (100%)

Nucor's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(100.0%)

Insights into Nucor’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Nucor reported Scope 1 greenhouse gas (GHG) emissions of 4,138,753 tCO₂e and total revenues of USD 30,734 millions. This translates into an emissions intensity of 134.66 tCO₂e per millions USD. a

Nucor's Scope 1 Emissions Intensity Compared to Peers

2,00050,000500,00010,000,000200,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)WFreeport-McMoRanYear: 2024Scope 1: 10,815,573 tCO2eRevenue: $M 25,455Scope 1 Intensity: 424.89 tCO2e/$MAlcoaYear: 2024Scope 1: 15,570,000 tCO2eRevenue: $M 11,895Scope 1 Intensity: 1,308.95 tCO2e/$MRelianceYear: 2023Scope 1: 186,000 tCO2eRevenue: $M 14,806Scope 1 Intensity: 12.56 tCO2e/$MCortevaYear: 2024Scope 1: 354,000 tCO2eRevenue: $M 16,908Scope 1 Intensity: 20.94 tCO2e/$MDupont De NemoursYear: 2023Scope 1: 739,337 tCO2eRevenue: $M 12,068Scope 1 Intensity: 61.26 tCO2e/$MPPG IndustriesYear: 2023Scope 1: 420,000 tCO2eRevenue: $M 18,246Scope 1 Intensity: 23.02 tCO2e/$MSouthern CopperYear: 2024Scope 1: 2,040,000 tCO2eRevenue: $M 11,433Scope 1 Intensity: 178.42 tCO2e/$MMetallusYear: 2023Scope 1: 315,000 tCO2eRevenue: $M 1,362Scope 1 Intensity: 231.21 tCO2e/$MAir Products and ChemicalsYear: 2023Scope 1: 16,400,000 tCO2eRevenue: $M 12,600Scope 1 Intensity: 1,301.59 tCO2e/$MCleveland-CliffsYear: 2023Scope 1: 27,900,000 tCO2eRevenue: $M 21,996Scope 1 Intensity: 1,268.41 tCO2e/$MNewmontYear: 2024Scope 1: 2,728,000 tCO2eRevenue: $M 18,682Scope 1 Intensity: 146.02 tCO2e/$MSteel DynamicsYear: 2023Scope 1: 2,750,371 tCO2eRevenue: $M 18,795Scope 1 Intensity: 146.33 tCO2e/$MCommercial MetalsYear: 2024Scope 1: 1,038,806 tCO2eRevenue: $M 7,926Scope 1 Intensity: 131.06 tCO2e/$MQuaker ChemicalYear: 2023Scope 1: 25,000 tCO2eRevenue: $M 1,953Scope 1 Intensity: 12.80 tCO2e/$MH.B. FullerYear: 2019Scope 1: 77,629 tCO2eRevenue: $M 2,897Scope 1 Intensity: 26.80 tCO2e/$MAvientYear: 2023Scope 1: 33,384 tCO2eRevenue: $M 3,143Scope 1 Intensity: 10.62 tCO2e/$MWestlakeYear: 2022Scope 1: 6,382,917 tCO2eRevenue: $M 15,794Scope 1 Intensity: 404.14 tCO2e/$MMosaicYear: 2023Scope 1: 3,500,000 tCO2eRevenue: $M 13,696Scope 1 Intensity: 255.55 tCO2e/$MBalchemYear: 2023Scope 1: 46,981 tCO2eRevenue: $M 922Scope 1 Intensity: 50.93 tCO2e/$MWWWorthington SteelYear: 2025Scope 1: 97,988 tCO2eRevenue: $M 3,093Scope 1 Intensity: 31.68 tCO2e/$MDowYear: 2024Scope 1: 26,630,000 tCO2eRevenue: $M 42,964Scope 1 Intensity: 619.82 tCO2e/$MMartin Marietta MaterialsYear: 2024Scope 1: 2,900,000 tCO2eRevenue: $M 6,536Scope 1 Intensity: 443.70 tCO2e/$MNucorYear: 2024Scope 1: 4,138,753 tCO2eRevenue: $M 30,734Scope 1 Intensity: 134.66 tCO2e/$M

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

In 2024, Nucor reported a Scope 1 emissions intensity of 134.66 tCO₂e per millions USD. Compared to the peer group median of 146.18 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Nucor rank on GHG emissions intensity within its industry?

In 2024, Nucor ranked 11 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Nucor's Total Carbon Footprint

In 2024, Nucor reported a total carbon footprint of 16,040,884 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 22.88% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b

The largest contributor to Nucor's total carbon footprint was Scope 3 emissions, accounting for 40.72% of the company's total carbon footprint, followed by Scope 2 emissions at 33.48%. a

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