- Nearly 20% drop in oil prices leading to lower prices for key coal chemical products and a subsequent reduction in revenue
- Weak end-market demand and industry inventory adjustments resulting in a slowdown in economic growth momentum
- Increasing demand for electric vehicles and energy storage industries due to climate change and the global commitment to achieving net-zero carbon emissions by 2050
China Steel Chemical Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, China Steel Chemical Corporation disclosed greenhouse gas emissions of 103.7K tCO2e/year. By scope: Scope 1: 27.2K tCO2e/year; Scope 2: 76.5K tCO2e/year; Scope 3: 10.1K 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
103.7K tCO2e/year
2023
Water Usage
286 million liters/year
2023
Waste
252.43 tons/year
2023
Energy Use
1.0M MWh/year (Coal Chemical) + 138082 MWh/year (Carbon Chemical)
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). | 27.2K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 76.5K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 10.1K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced CO2 emissions by 1,870 tons through completed carbon reduction projects
- Cumulative average annual energy-saving rate >1.52% from 2015 to 2023
- Cumulative average water and wastewater intensity decreased by 8.7% and 5.0% respectively
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water use intensity by 1.1% on average
- Reduce wastewater intensity by 1.5% on average
- Reduce greenhouse gas emissions by 2% annually (Scope 1 & 2)
📅 Medium-term
- Reduce water use intensity by 2% on average
- Reduce wastewater intensity by 2% on average
- Reduce greenhouse gas emissions by 2% annually (2025-2026), 5% annually (2027-2028)
🔭 Long-term
- Reduce water use intensity by 2% on average
- Reduce wastewater intensity by 2% on average
- Reduce greenhouse gas emissions by 5% annually (2029-2030), achieve carbon neutrality by 2050
🌱 ESG Focus Areas
EconomicEnvironmentalSocialGovernance