- Gradual decrease in demand for specialty steel products for automobiles
- Increased competition in the market for domestic specialty steel
- Rising demand globally for electric arc furnace materials, and rising demand for high-grade scrap
Daido Steel Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Daido Steel Co., Ltd. disclosed greenhouse gas emissions of 820.0K tCO2e/year. By scope: Scope 3: 1.4M 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
820.0K tCO2e/year
2023-04 to 2024-03
Renewable Energy
33.3%/year (2023)
of total energy
Water Usage
23.3M m3/year
2023-04 to 2024-03
Waste
71.0K tons/year
2023-04 to 2024-03
Energy Use
1.48 billion kWh/year
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.4M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- 15% reduction in energy consumption rate compared to the existing 150t arc furnace at our Chita Plant (STARQ®)
- Achieved a 90% or more rate of recycling among raw materials
- Maintained a water circulation rate at 95% or more
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce CO2 emissions by 35% in 2026 (compared to FY2013)
- Increase ratio of CO2-free electric power to 30% or more in 2026
📅 Medium-term
- Reduce CO2 emissions by 50% in 2030 (compared to FY2013)
- Increase ratio of CO2-free electric power to 60% or more in 2030
- Net sales ratio of products for the growth market 15% or more in FY2026, 25% or more in FY2030
- 20% increase in labor productivity in FY2026, 30% in FY2030
🔭 Long-term
- Achieve carbon neutrality in 2050
🌱 ESG Focus Areas
Preservation of the global environment (business activities/product supply)Responsibilities and contributions to societyStrengthening governance