Shandong Iron and Steel Co Ltd

Common Name
Shandong Iron and Steel
Country
China (Mainland)
Sector
Basic Materials
Industry
Steel
Employees
16,031
Ticker
600022
Exchange
SHANGHAI STOCK EXCHANGE
Description
Shandong Iron and Steel Co., Ltd. is a prominent player in the steel manufacturing sector, focusing on the production and distribution of steel products. As a state-owned enterprise based in Shandong ...

Shandong Iron and Steel's Climate Target Data Preview

As of 2024, Shandong Iron and Steel has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 intensity-based 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 Shandong Iron and Steel ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured
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a
2025
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured
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a
2030
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Verified Sources Behind Shandong Iron and Steel’s Climate Targets Data

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a. Shandong Iron and Steel's Sustainability Report 2024
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Insights into Shandong Iron and Steel's Greenhouse Gas Emissions Pathways

As of 2024, Shandong Iron and 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

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