Sheng Yu Steel Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2021

In its 2023 reporting, Sheng Yu Steel Co., Ltd. disclosed greenhouse gas emissions of 74.6K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 27.1K tCO2e/year; Scope 2: 43.1K tCO2e/year; Scope 3: 896.5K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
74.6K tCO2e/year (Scope 1 & 2)
2023
⚡
Renewable Energy
0.76%
of total energy
💧
Water Usage
434.3K m3/year
2023
♻️
Waste
4.0K tons/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).27.1K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.43.1K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).896.5K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202374.6K tCO2e/year (Scope 1 & 2)
202187.3K tonnes CO2e (Scope 1: 30830.95 Scope 2: 56436.60 Scope 3: data not available)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce GHG emissions by 3% in 2023 compared to 2018
  • Reduce water consumption per unit product by 5% compared to 2021
  • Reduce waste generation per unit of product by 18% compared to 2018

📅 Medium-term

  • Reduce GHG emissions by 7% in 2025 compared to 2018
  • Reduce water consumption per unit product by 7% compared to 2018
  • Reduce waste generation per unit of product by 20% compared to 2018

🔭 Long-term

  • Achieve net-zero emissions by 2050

🌱 ESG Focus Areas

Ethical ManagementSustainable EnvironmentSocial CareGovernance

⚠️ Challenges & Risks +

  • Continuous increase in greenhouse gas emissions
  • Ineffective energy conservation
  • Continuous increase in wastewater discharge
  • Increase in waste generation/reduction in recycling rates
  • Water and power shortages
  • Typhoons and floods
  • Violations of environmental regulations
  • Workplace injuries
  • Overwork
  • High turnover rate

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards 2021, TCFD, SASB
Assurance: GREAT Certification