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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 GHG Emissions Data Preview

In 2024, Shandong Iron and 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) and Scope 2 (indirect emissions from purchased energy).

However, Shandong Iron and Steel has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Shandong Iron and 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 Shandong Iron and Steel’s data sources below and access millions more through our Disclosure Search.

a. Shandong Iron and Steel's Sustainability Report 2024
a. Shandong Iron and Steel's Sustainability Report 2024
b. Shandong Iron and Steel's ESG Report 2023
b. Shandong Iron and Steel's ESG Report 2023

Insights into Shandong Iron and Steel's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofShandong Iron and Steel amounted to27,153,199metric 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 Shandong Iron and Steeldecreased by 0.11%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Shandong Iron and Steel's Scope 1 Emissions Over Time

202120222023202406.5 M13 M19.5 M26 MtCO2e-1%+3%+1%
  • Total Scope 1
  • Year-over-Year Change

What are Shandong Iron and Steel's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Shandong Iron and Steel were 24,821,339 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Shandong Iron and Steel reduced its Scope 1 emissions over time?

Since 2021, Shandong Iron and Steel's Scope 1 emissions have increased by 3.31%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Shandong Iron and Steel's Scope 1 emissions increased by 1.26%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Shandong Iron and Steel's Scope 2 emissions?

In 2024, Shandong Iron and Steel reported Scope 2 greenhouse gas (GHG) emissions of 2,331,860 tCOâ‚‚e without specifying the calculation method.a

Has Shandong Iron and Steel reduced its Scope 2 emissions over time?

Since 2021, Shandong Iron and Steel's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 43.89%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Shandong Iron and Steel's Scope 2 emissions(Unspecified Calculation Method) fell by 12.7% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Shandong Iron and Steel use for Scope 2 reporting?

In 2024, Shandong Iron and Steel reported its Scope 2 emissions using an unspecified methodology.a

Shandong Iron and Steel's Scope 2 Emissions Over Time

202120222023202401.5 M3 M4.5 M6 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Shandong Iron and Steel’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Shandong Iron and Steel reported Scope 1 greenhouse gas (GHG) emissions of 24,821,339 tCOâ‚‚e and total revenues of USD 11,249 millions. This translates into an emissions intensity of 2,206.6 tCOâ‚‚e per millions USD.a

Shandong Iron and Steel's Scope 1 Emissions Intensity Compared to Peers

2,00050,0002,000,00050,000,0001,000,000,000Scope 1 Emissions (tCO2e)2002,0005,00020,000100,000Revenues (Millions of USD)XCMXYLMNCTBTNHZBZSSXXXinjiang Zhongtai ChemicalYear: 2024Scope 1: 18,220,000 tCO2eRevenue: $M 4,128Scope 1 Intensity: 4,414.23 tCO2e/$MCCCITIC Pacific Special SteelYear: 2024Scope 1: 32,589,133 tCO2eRevenue: $M 14,963Scope 1 Intensity: 2,177.95 tCO2e/$MMMMinmetals DevelopmentYear: 2024Scope 1: 114,806 tCO2eRevenue: $M 9,213Scope 1 Intensity: 12.46 tCO2e/$MChina Risun GroupYear: 2024Scope 1: 8,282,412 tCO2eRevenue: $M 7,125Scope 1 Intensity: 1,162.48 tCO2e/$MYongxing Special Materials TechnologyYear: 2023Scope 1: 196,118 tCO2eRevenue: $M 1,715Scope 1 Intensity: 114.35 tCO2e/$MXXXinyu Iron & SteelYear: 2024Scope 1: 19,783,890 tCO2eRevenue: $M 5,728Scope 1 Intensity: 3,453.89 tCO2e/$MYYYunnan CopperYear: 2024Scope 1: 580,000 tCO2eRevenue: $M 24,392Scope 1 Intensity: 23.78 tCO2e/$MLLLiuzhou Iron & SteelYear: 2024Scope 1: 35,558,200 tCO2eRevenue: $M 9,610Scope 1 Intensity: 3,700.26 tCO2e/$MAngang SteelYear: 2023Scope 1: 52,246,448 tCO2eRevenue: $M 15,970Scope 1 Intensity: 3,271.44 tCO2e/$MMMMaanshan Iron & SteelYear: 2024Scope 1: 34,118,400 tCO2eRevenue: $M 11,211Scope 1 Intensity: 3,043.38 tCO2e/$MNNNanJing Iron & SteelYear: 2024Scope 1: 19,074,153 tCO2eRevenue: $M 8,469Scope 1 Intensity: 2,252.12 tCO2e/$MCCChongqing Iron & SteelYear: 2024Scope 1: 11,813,841 tCO2eRevenue: $M 3,733Scope 1 Intensity: 3,164.66 tCO2e/$MTTTianshan MaterialYear: 2024Scope 1: 141,472,150 tCO2eRevenue: $M 11,920Scope 1 Intensity: 11,868.23 tCO2e/$MBBBeijing ShougangYear: 2024Scope 1: 41,644,387 tCO2eRevenue: $M 14,841Scope 1 Intensity: 2,806.04 tCO2e/$MTTTianjin You Fa Steel Pipe Group StockYear: 2024Scope 1: 241,382 tCO2eRevenue: $M 7,512Scope 1 Intensity: 32.13 tCO2e/$MGuangdong Zhongnan Iron & SteelYear: 2024Scope 1: 14,381,639 tCO2eRevenue: $M 4,272Scope 1 Intensity: 3,366.68 tCO2e/$MNNNingbo Jintian Copper GroupYear: 2024Scope 1: 106,402 tCO2eRevenue: $M 17,013Scope 1 Intensity: 6.25 tCO2e/$MHHHengyi PetrochemicalYear: 2024Scope 1: 6,130,000 tCO2eRevenue: $M 17,191Scope 1 Intensity: 356.58 tCO2e/$MZZZhejiang JIULI Hi-tech MetalsYear: 2024Scope 1: 22,676 tCO2eRevenue: $M 1,496Scope 1 Intensity: 15.16 tCO2e/$MBBBaoshan Iron & SteelYear: 2024Scope 1: 107,940,000 tCO2eRevenue: $M 44,137Scope 1 Intensity: 2,445.57 tCO2e/$MHBISYear: 2024Scope 1: 52,220,000 tCO2eRevenue: $M 16,664Scope 1 Intensity: 3,133.68 tCO2e/$MHang Zhou Iron & SteelYear: 2023Scope 1: 9,413,745 tCO2eRevenue: $M 7,855Scope 1 Intensity: 1,198.42 tCO2e/$MZZZhejiang HailiangYear: 2024Scope 1: 49,000 tCO2eRevenue: $M 11,996Scope 1 Intensity: 4.08 tCO2e/$MSSSansteel Minguang Co Ltd FujianYear: 2024Scope 1: 15,938,077 tCO2eRevenue: $M 6,311Scope 1 Intensity: 2,525.44 tCO2e/$MTaigang StainlessYear: 2024Scope 1: 21,145,100 tCO2eRevenue: $M 13,754Scope 1 Intensity: 1,537.36 tCO2e/$MSSShandong Iron and SteelYear: 2024Scope 1: 24,821,339 tCO2eRevenue: $M 11,249Scope 1 Intensity: 2,206.60 tCO2e/$M

How does Shandong Iron and Steel's GHG emissions intensity compare to its peers?

In 2024, Shandong Iron and Steel reported a Scope 1 emissions intensity of 2,206.6 tCOâ‚‚e per millions USD. Compared to the peer group median of 2,252.12, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Shandong Iron and Steel rank on GHG emissions intensity within its industry?

In 2024, Shandong Iron and Steel ranked 13 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

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