Kobe Steel
Kobe Steel, officially known as Kobe Steel, Ltd., is a prominent Japanese company headquartered in Kobe, Japan. Established in 1905, it has evolved into a key player in the steel and engineering industries, with significant operations across Asia, North America, and Europe. The company is renowned for its production of high-quality steel products, aluminium, and copper, as well as its advanced machinery and engineering solutions. Kobe Steel's commitment to innovation is evident in its development of unique materials and technologies that cater to various sectors, including automotive, construction, and energy. With a strong market position, the company has achieved notable milestones, such as pioneering environmentally friendly manufacturing processes. As a trusted name in the industry, Kobe Steel continues to contribute to sustainable development while maintaining its reputation for excellence.
DitchCarbon Score
How does Kobe Steel'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
Kobe Steel's score of 27 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kobe Steel's reported carbon emissions
In 2023, Kobe Steel reported total carbon emissions of approximately 14,731,000,000 kg CO2e from Scope 1, 900,000 kg CO2e from Scope 2, and about 26,967,000,000 kg CO2e from Scope 3, resulting in a combined total of approximately 41,598,000,000 kg CO2e. This marks a slight increase in Scope 1 emissions from 2022, where they were about 14,687,000,000 kg CO2e, while Scope 2 emissions rose from 810,000 kg CO2e. Scope 3 emissions also increased from approximately 26,873,000,000 kg CO2e in 2022. Kobe Steel has committed to achieving carbon neutrality by 2050, as announced in its Medium-Term Management Plan for Fiscal 2021–2023. This long-term goal encompasses all scopes of emissions, reflecting the company's dedication to addressing climate change comprehensively. The company continues to monitor and report its emissions across all scopes, demonstrating transparency and accountability in its climate commitments.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | 000,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Kobe Steel 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.
