HBIS Group
HBIS Group, officially known as HBIS Group Co., Ltd., is a leading steel manufacturer headquartered in China (CN). Established in 2008, the company has rapidly evolved into a key player in the global steel industry, with significant operations across Asia, Europe, and North America. Specialising in the production of high-quality steel products, HBIS Group offers a diverse range of services, including steel manufacturing, processing, and distribution. Its commitment to innovation and sustainability sets it apart, as the company integrates advanced technologies to enhance efficiency and reduce environmental impact. Recognised for its substantial market share, HBIS Group has achieved notable milestones, including being one of the largest steel producers worldwide. With a focus on quality and customer satisfaction, the company continues to strengthen its position in the competitive steel market.
DitchCarbon Score
How does HBIS Group'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 Pipeline Transportation 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
HBIS Group's score of 7 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HBIS Group's reported carbon emissions
In 2023, HBIS Group reported total carbon emissions of approximately 536,003,000 kg CO2e, comprising about 65,131,000 kg CO2e from Scope 1 and about 470,872,000 kg CO2e from Scope 2 emissions. This reflects a slight increase in emissions compared to 2022, where total emissions were about 539,686,000 kg CO2e, with Scope 1 at approximately 60,423,000 kg CO2e and Scope 2 at about 479,456,000 kg CO2e. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Despite the lack of specific reduction targets or initiatives, HBIS Group's emissions data highlights its ongoing commitment to monitoring and managing its carbon footprint. The company operates within the steel industry, which is known for its significant greenhouse gas emissions, making its climate commitments particularly relevant in the context of global sustainability efforts.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 58,182,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 460,337,000 | 000,000,000 | 000,000,000 |
| 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.
HBIS Group 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.
