Nippon Steel Corp 2020 IR
The report outlines Nippon Steel's value creation process, business strategies, and ESG initiatives for fiscal 2019. The company faced a challenging business environment with higher raw material prices and lower steel product prices, resulting in a consolidated business loss of 284.4 billion yen. To restore profitability, Nippon Steel is transitioning to an optimal production framework in Japan, which includes shutting down less-competitive facilities and reducing crude steel capacity by approximately 5 million tons. Additionally, the company is actively addressing climate change through its 'Three Ecos' initiatives and the development of hydrogen reduction steelmaking technology, aiming for zero-carbon steel by 2100.
Company: Nippon Steel Corp
Sector: Manufacturing
Country: Japan
Year: 2020
Type: IR
Pages: 114
Back to company
Nippon Steel Corp
Integrated Report
The report outlines Nippon Steel's value creation process, business strategies, and ESG initiatives for fiscal 2019. The company faced a challenging business environment with higher raw material prices and lower steel product prices, resulting in a consolidated business loss of 284.4 billion yen. To restore profitability, Nippon Steel is transitioning to an optimal production framework in Japan, which includes shutting down less-competitive facilities and reducing crude steel capacity by approximately 5 million tons. Additionally, the company is actively addressing climate change through its 'Three Ecos' initiatives and the development of hydrogen reduction steelmaking technology, aiming for zero-carbon steel by 2100.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2019
Published
Oct 1, 2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Workplace Fatalities
Net Zero Target
Employees