Chongqing Iron & Steel Company Limited

Greenhouse gas emissions & sustainability report data

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

In its 2021 reporting, Chongqing Iron & Steel Company Limited disclosed greenhouse gas emissions of 10.3M tCO2e (2020). 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.

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GHG Emissions

10.3M tCO2e (2020)

2021

✅ Reported Environmental Achievements

Improved energy management system, raising the bar for low-carbon development and energy conservation; promoted the “treatment of three wastes - waste gas, waste water and solid waste” and “cleaning, greening, beautifying and civilizing”, and rationally planned the implementation path of zero discharge of waste water, ultra-low discharge of waste gas, and zero solid waste outside the factory; increased the application of energy-saving technology to build an environmentally friendly factory. Implemented 11 energy-saving renovation projects with a green development index of 66 points, which won the honor of “Benchmark Enterprise for Green Development”.
15 energy conservation and carbon reduction projects were put into operation or promoted, saving 98,430 tons of standard coal/year and reducing carbon dioxide emission by 281,900 tons/year.

🎯 Climate & Sustainability Targets

🔜 Short-term

Prepare carbon emission peak and low-carbon development plans in line with the China Baowu’s master plan for achieving carbon emission peak and the dual carbon roadmap; prepare action plans for blast furnace and converter processes to reach benchmark levels by 2025.

🔭 Long-term

Strive to peak carbon emissions by 2023 and achieve carbon neutrality by 2050 (aligned with China Baowu's goals).

🌱 ESG Focus Areas

Green and Intelligent ManufacturingTechnological InnovationIntegrity and ComplianceESG ManagementSupplier ManagementCustomer ServiceEmployee CareEnvironmental ProtectionSocial Responsibility

⚠️ Challenges & Risks +

Complicated and challenging external environment and the ongoing impact of the COVID-19 pandemic.
Sharp and continuous rise in raw material prices, a shortage of coal and coke resources, the maintenance of the Three Gorges Ship Lock.
Mismatch between the iron system and the steel system, resulting in the deterioration of energy indicators.

📋 Report Information

Reporting Period: 2021

Frameworks: Environmental, Social and Governance Reporting Guide and Related Listing Rules of the Stock Exchange of Hong Kong Ltd., Guidelines on Corporate Social Responsibility Reporting for Chinese Enterprises (CASS-CSR4.0), Notice on Strengthening the Social Responsibility Commitment of Listed Companies cum Issuing the Guidelines on Environmental Information Disclosure for Listed Companies on the Shanghai Stock Exchange, Guidance on Better Fulfillment of Social Responsibility by State-owned Enterprises, GRI Sustainability Reporting Standards (GRI Standards), United Nations Sustainable Development Goals (SDGs)