MARUBENI-ITOCHU STEEL INC
Marubeni-Itochu Steel Inc., a prominent player in the steel industry, is headquartered in Japan and operates extensively across Asia, Europe, and North America. Founded in 2003, the company emerged from a strategic partnership between Marubeni Corporation and Itochu Corporation, leveraging their extensive networks and expertise in steel trading and manufacturing. Specialising in a diverse range of steel products, including flat and long steel, Marubeni-Itochu Steel distinguishes itself through its commitment to quality and innovation. The company has achieved significant milestones, establishing a strong market position as a reliable supplier to various sectors, including construction, automotive, and energy. With a focus on sustainability and advanced technology, Marubeni-Itochu Steel continues to enhance its offerings, solidifying its reputation as a leader in the global steel market.
DitchCarbon Score
How does MARUBENI-ITOCHU STEEL INC's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Iron and Steel Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
MARUBENI-ITOCHU STEEL INC's score of 12 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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MARUBENI-ITOCHU STEEL INC's reported carbon emissions
In 2021, MARUBENI-ITOCHU STEEL INC reported total carbon emissions of approximately 67,458,000 kg CO2e, comprising 11,034,000 kg CO2e from Scope 1 emissions and 56,424,000 kg CO2e from Scope 2 emissions. This marked a notable increase from 2020, when the company recorded total emissions of about 79,414,000 kg CO2e, with Scope 1 emissions at 9,851,000 kg CO2e and Scope 2 emissions at 69,563,000 kg CO2e. Despite the significant emissions figures, MARUBENI-ITOCHU STEEL INC has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of Scope 3 emissions data indicates a potential area for future reporting and improvement. As the company continues to operate within the steel industry, it faces increasing pressure to enhance its climate commitments and align with global sustainability standards.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 9,851,000 | 00,000,000 |
| Scope 2 | 69,563,000 | 00,000,000 |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
MARUBENI-ITOCHU STEEL INC is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
