- Policy and Legal Risks related to climate change compliance
- Technical Risks during the transition to low-carbon technologies
- Market Risks due to carbon neutrality policies
- Physical Risks from severe climate events and long-term changes in natural patterns
- Reputational Risks from failing to meet stakeholder expectations
Nanjing Iron & Steel Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Nanjing Iron & Steel Co., Ltd. disclosed greenhouse gas emissions of 20.8M tCO2e/year. By scope: Scope 1: 19.5M tCO2e/year; Scope 2: 1.3M 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
20.8M tCO2e/year
2023
Renewable Energy
56% of total energy use
of total energy
Water Usage
28.2M m3/year
2023
Waste
5.8M tons/year
2023
Energy Use
5.9M tons of standard coal/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 19.5M tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.3M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Self-generated power ratio of 56%
- Water recycling ratio of 97.50%
- Scope 2 emissions dropped by 26% compared to the previous year
- Successfully passed the full-process, all-procedure ultra-low emissions verification audit
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve and exceed the Level-1 standard of the Clean Production Evaluation Index System for per-ton steel pollutant emissions by 2025
📅 Medium-term
- Achieve a new energy ratio of over 30% by 2035
🔭 Long-term
- Achieve carbon neutrality by 2050
🌱 ESG Focus Areas
EnvironmentalSocialGovernance