Baoshan Iron & Steel Co Ltd 2016 SR
The report highlights Baosteel's 2016 performance, achieving a total operating revenue of RMB 185.7 billion and overfulfilling production tasks. A major milestone was the merger with Wuhan Iron & Steel Co., Ltd. (WISCO) to enhance sustainable profitability. The company was selected as the first 'Vanguard Enterprise in Achieving Sustainable Development Goals' in China by the UNGC. Environmental achievements include reducing total energy consumption by 67,000 tons of coal equivalent and advancing the 'Urban Steel Mill' strategy. Baosteel also focused on green product innovation, with new products accounting for 24% of sales, and implemented significant energy-saving and emission-reduction projects across its production bases.
Company: Baoshan Iron & Steel Co Ltd
Sector: Manufacturing
Country: China
Year: 2016
Type: SR
Pages: 56
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Baoshan Iron & Steel Co Ltd
Sustainability Report
The report highlights Baosteel's 2016 performance, achieving a total operating revenue of RMB 185.7 billion and overfulfilling production tasks. A major milestone was the merger with Wuhan Iron & Steel Co., Ltd. (WISCO) to enhance sustainable profitability. The company was selected as the first 'Vanguard Enterprise in Achieving Sustainable Development Goals' in China by the UNGC. Environmental achievements include reducing total energy consumption by 67,000 tons of coal equivalent and advancing the 'Urban Steel Mill' strategy. Baosteel also focused on green product innovation, with new products accounting for 24% of sales, and implemented significant energy-saving and emission-reduction projects across its production bases.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Employees