FACT BOOK 2023
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Environmental Considerations
Environmental Considerations
The Nippon Steel Group is committed to "contribute to society by providing excellent products and services" as stated in its Corporate Philosophy. By implementing our Three Eco-Friendly Initiatives (Eco-Process/Eco Products/Eco-Solution) , we are also determined to take actions for solving global environmental issues such as global warming and effective utilization of resources and energy.
Coping with Climate Change
Nippon Steel recognizes climate change as a priority problem that threatens survival of the human race. Adverse climate change would also severely affect our business environment and earnings. In order to make our operation sustainable, we strive to curb impacts of climate change by promoting energy conservation, CO2 emission reduction, and improvement in energy efficiency throughout the entire supply chain, from manufacturing to transportation, and at the stage of final use of products.
Nippon Steel Carbon Neutral Vision 2050
Nippon Steel adopts our own new initiative “Nippon Steel Carbon Neutral Vision 2050 ”, as a part of our widespread efforts toward achieving a decarbonized society. we will consider and implement various measures as a top priority management issue in order to continue to lead the world's steel industry.
■Our CO2 emissions reduction scenario
■Our roadmap of CO2 emissions reduction measures
Nippon Steel Group’s energy-derived CO2 emissions （Million ton-CO2／fy）
Crude steel production (million tons/y)
Values in the above graph are the total of corporations consisting of Nippon Steel, associated EAF mills (Osaka Steel, Sanyo Special Steel, Nippon Steel Stainless Steel, Oji Steel, and Tokai Special Steel, Nippon Steel Structural Shapes , Tokyo Kohtetsu , Ovako , Mahindra Sanyo , Standard Steel ), Nippon Coke & Engineering and three Sanso Center companies
*A provisional value based on the assumption that the CO2 level in a unit of purchased electricity in FY2022 is the same as in FY2021.