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IPE Notices

Corporate Climate Action CATI

  • CATI score

    64.00

    Total Possible Score: 100
  • Total rank

    26

    Out of 903 total brands
  • Industry rank

    1

    Out of 54 total brands in the Steel industry

CATI Category Scores Analysis

CATI Category Scores Benchmarking

 Highest score of all brands
  1. Governance:
    Policy Construction
    4/ 5
  2. Governance:
    Mechanism Construction
    5/ 5
  3. Measurement & Disclosure:
    Scope 1&2 Emissions
    7/ 10
  4. Measurement & Disclosure:
    Scope 3 Emissions
    4.5/ 5
  5. Carbon Targets Setting:
    Scope 1&2 Targets
    6/ 7
  6. Carbon Targets Setting:
    Scope 3 Targets
    4/ 7
  7. Performance against Carbon Targets:
    Scope 1&2 Emission Reduction Progress
    5/ 6
  8. Performance against Carbon Targets:
    Scope 3 Emission Reduction Progress
    0/ 6
  9. Measurement & Disclosure:
    Product Carbon Footprint
    6/ 6
  10. Climate Action:
    Decarbonization in Company Operation
    9/ 13
  11. Climate Action:
    Affiliated Company Engagement
    1/ 6
  12. Climate Action:
    Decarbonization in Value Chain
    2/ 7
  13. Climate Action:
    Upstream Supplier Engagement
    0/ 17

CATI Category Scores

No.
Indicator
Score Total score
1.1

Governance:
Policy Construction

4.00 5.00
  • 1.1.1
    Company has committed to climate actions and made climate declaration(s)
    2.00 2.00
  • 1.1.2
    Company has developed corporate carbon neutrality plan and management system
    1.00 1.00
  • 1.1.3
    Company has incorporated policies regarding supplier energy conservation, emissions reduction, and carbon accounting and reporting into written documents such as the supplier code of conduct
    1.00 2.00
1.2

Governance:
Mechanism Construction

5.00 5.00
  • 1.2.1
    Company has integrated climate-related issues into its business strategy and has specific climate-related risk management procedures in place
    2.00 2.00
  • 1.2.2
    Company has integrated climate-related issues into board-level monitoring, management and overstight responsibility
    1.00 1.00
  • 1.2.3
    Company offers capacity building and financial incentives, and/or launches innovative projects for suppliers to reduce emissions
    2.00 2.00
2.1

Measurement & Disclosure:
Scope 1&2 Emissions

7.00 10.00
  • 2.1.1
    Company has publicly disclosed Scope 1&2 emission data
    3.00 5.00
  • 2.1.2
    Company has publicly disclosed comprehensive energy consumption and energy usage by energy types
    2.00 3.00
  • 2.1.3
    Company has publicly disclosed carbon intensity or energy intensity
    2.00 2.00
2.2

Measurement & Disclosure:
Scope 3 Emissions

4.50 5.00
  • 2.2.1
    Company has publicly disclosed Scope 3 emissions
    4.00 4.00
  • 2.2.2
    Company collects supplier carbon emission data on a regular basis
    0.50 1.00
2.3

Measurement & Disclosure:
Product Carbon Footprint

6.00 6.00
  • 2.3.1
    Company has publicly disclosed product carbon footprint
    6.00 6.00
3.1

Carbon Targets Setting:
Scope 1&2 Targets

6.00 7.00
  • 3.1.1
    Company has set and publicly disclosed its ongoing Scope 1&2 emission reduction targets or energy consumption targets
    3.00 3.00
  • 3.1.2
    Company has set and publicly disclosed its Scope 1&2 carbon neutrality target
    2.00 2.00
  • 3.1.3
    Company has set and publicly disclosed its renewable energy target
    1.00 1.00
  • 3.1.4
    Scope 1 & 2 climate targets are certified or approved by a third party
    0.00 1.00
3.2

Carbon Targets Setting:
Scope 3 Targets

4.00 7.00
  • 3.2.1
    Company has set and publicly disclosed its ongoing Scope 3 emission reduction targets
    2.00 3.00
  • 3.2.2
    Company has set and publicly disclosed its Scope 3 carbon neutrality target
    2.00 2.00
  • 3.2.3
    Company has set specific targets to motivate suppliers to set their own climate targets
    0.00 1.00
  • 3.2.4
    Scope 3 climate targets are certified or approved by a third party
    0.00 1.00
4.1

Performance against Carbon Targets:
Scope 1&2 Emission Reduction Progress

5.00 6.00
  • 4.1.1
    Company has publicly disclosed progress made towards its Scope 1 & 2 emissions reduction targets or energy consumption targets
    3.00 3.00
  • 4.1.2
    Company has publicly disclosed progress made against its Scope 1&2 carbon neutrality target
    0.00 1.00
  • 4.1.3
    Company has publicly disclosed progress made against its renewable energy target
    2.00 2.00
4.2

Performance against Carbon Targets:
Scope 3 Emission Reduction Progress

0.00 6.00
  • 4.2.1
    Company has publicly disclosed progress made against its Scope 3 emission reduction targets
    0.00 3.00
  • 4.2.2
    Company has publicly disclosed progress made against its Scope 3 carbon neutrality target
    0.00 1.00
  • 4.2.3
    Company tracks its suppliers’ climate target setting progress
    0.00 2.00
5.1

Climate Action:
Decarbonization in Company Operation

9.00 13.00
  • 5.1.1
    Company has conducted non-fossil energy utilization projects and/or green power procurement and disclosed associated emission reductions
    1.00 4.00
  • 5.1.2
    Company has conducted energy monitoring and energy management
    1.00 1.00
  • 5.1.3
    Company has conducted energy efficiency improvement projects and disclosed associated emission reductions
    2.00 3.00
  • 5.1.4
    Company has conducted other types of emission reduction projects and disclosed associated emission reductions
    2.00 2.00
  • 5.1.5
    Company has reduced emissions through carbon offsets, and disclosed associated emission reductions
    2.00 2.00
  • 5.1.6
    Company has incorporated emission reduction approaches into the product design process
    1.00 1.00
5.2

Climate Action:
Affiliated Company Engagement

1.00 6.00
  • 5.2.1
    Affiliates have measured and publicly disclosed their carbon emission at facility level
    1.00 3.00
  • 5.2.2
    Affiliates have set carbon targets, tracked and public disclosed reduction progress at facility level
    0.00 3.00
5.3

Climate Action:
Decarbonization in Value Chain

2.00 7.00
  • 5.3.1
    Company promotes suppliers to conduct corporate greenhouse gas and energy management
    1.00 1.00
  • 5.3.2
    Company has launched energy saving initiatives and/or low carbon technology innovation initiatives with material suppliers, and disclosed associated emission reductions
    0.00 1.00
  • 5.3.3
    Company has launched emission reduction initiatives with logistics suppliers, and disclosed associated emission reductions
    0.00 1.00
  • 5.3.4
    Company has published best practices on supply chain carbon management annually
    0.00 2.00
  • 5.3.5
    Company has established (or coordinated with downstream customers to establish) end-of-life recycling mechanisms to recycle used products
    0.50 0.50
  • 5.3.6
    Company has promoted suppliers to replace primary production raw materials with recycled materials or lower carbon substitutes, and disclosed associated emission reductions
    0.00 1.00
  • 5.3.7
    Company has established (or coordinated with downstream customers to establish) end-of-life recycling mechanisms to recycle used products
    0.50 0.50
5.4

Climate Action:
Upstream Supplier Engagement

0.00 17.00
  • 5.4.1
    Direct suppliers have measured and publicly disclosed their carbon emissions at facility level
    0.00 2.00
  • 5.4.2
    Direct suppliers have set carbon targets, tracked and publicly disclosed reduction progress at facility level
    0.00 3.00
  • 5.4.3
    Indirect suppliers have measured and publicly disclosed their carbon emissions at facility level
    0.00 4.00
  • 5.4.4
    Indirect suppliers have set carbon targets, tracked and publicly disclosed reduction progress at facility level
    0.00 3.00
  • 5.4.5
    Company employs the Blue EcoChain or other automated methods to empower upstream suppliers to manage their supply chain carbon emissions, OR promote large suppliers to publicly disclose product carbon footprint data
    0.00 5.00
Total score
64.00 100
Note:

As carbon hotspots vary from industry to industry, a weighting factor applies across four of the five CATI activity areas: Measurement & Disclosure (15%; Indicator 2.3.1 (6%) does not apply), Carbon Targets Setting (14%), Performance against Carbon Targets (12%) and Climate Action (43%). The default weighting factors for each industry are shown in the CATI Evaluation Guidelines.

Communication Updates

  • directly or indirectly required a factory to conduct an audit for its supervision record(s).
    This factory, through direct or indirect motivation from its stakeholder BAOSTEEL, actively communicated with environmental groups to implement corrective actions for its supervision record(s) , and underwent a third-party audit to verify the effectiveness of its corrective actions.
    Wuhan
     Audit
    ● Rectification progress:Enterprise with supervisions has demonstrated the effectiveness of corrective actions via third party audits;
    ●Driving force: Stakeholders and environmentally conscious consumers.
    Publication Date：2023/8/3 9:30:38
  • directly or indirectly required a factory to conduct an audit for its supervision record(s).
    This factory, through direct or indirect motivation from its stakeholder BAOSTEEL, actively communicated with environmental groups to implement corrective actions for its supervision record(s) , and underwent a third-party audit to verify the effectiveness of its corrective actions.
    Shanghai
     Audit
    ● Rectification progress:Enterprise with supervisions has demonstrated the effectiveness of corrective actions via third party audits;
    ●Driving force: Stakeholders and environmentally conscious consumers.
    Publication Date：2023/5/23 11:34:11
  • directly or indirectly required a steel mill to conduct corrective actions for air emissions, noise supervision record(s).
    This factory, through direct or indirect motivation from its stakeholder BAOSTEEL, actively communicated with environmental groups to implement corrective actions for its supervision record(s) , and disclosed information on the status of its corrective actions.
    Wuhan
     Air Emissions
    ● Environmental violation issue: Industrial emissions pollution;
    ● Potential impact on: air quality, public health.
     Noise
    ● Environmental violation issue: Noise pollution;
    ● Potential impact on: Environmental quality; public health.
     Corrective Actions
    ● Rectification progress: Enterprise with supervisions has carried out correction action(s);
    ● Driving force: Stakeholders and environmentally conscious consumers.
    Publication Date：2023/4/19 14:47:48
  • directly or indirectly required a steel mill to issue an explanation for air emissions, noise supervision record(s).
    This factory, through direct or indirect motivation from its stakeholder BAOSTEEL, actively communicated with environmental groups to issue an explanation for its supervision record(s) .
    Wuhan
     Air Emissions
    ● Environmental violation issue: Industrial emissions pollution;
    ● Potential impact on: air quality, public health.
     Noise
    ● Environmental violation issue: Noise pollution;
    ● Potential impact on: Environmental quality; public health.
     Explanation
    ● Rectification progress:  Enterprise with supervisions has issued public explanation(s);
    ● Driving force: Stakeholders and environmentally conscious consumers.
    Publication Date：2023/1/17 18:19:51
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