Material investment

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Module 2, “Material investment”, assesses actions to reduce scope 1 and 2 emissions from the company’s assets and operations. Comparing the company’s trend in past and projected scope 1 and 2 emissions intensity with its 1.5°C pathway provides a good measure of its transition progress. Locked-in emissions from the company’s assets show the amount by which the company is likely to exceed its carbon budget.

Ranking overview

1 SSAB
Total score 79.9 /100
2 SIG
Total score 78.6 /100
3 thyssenkrupp
Total score 68.0 /100
4 Cemex
Total score 66.8 /100
5 Dalmia Bharat
Total score 63.1 /100
6 Heidelberg Materials
Total score 58.6 /100
7 Titan Cement
Total score 52.3 /100
8 U.S. Steel
Total score 49.5 /100
9 UltraTech Cement
Total score 49.2 /100
10 Siam Cement
Total score 48.6 /100
11 ArcelorMittal
Total score 47.8 /100
12 Salzgitter
Total score 45.3 /100
13 Asia Cement
Total score 44.6 /100
14 Votorantim Cimentos
Total score 44.1 /100
15 POSCO
Total score 43.8 /100
16 TPI Polene
Total score 43.0 /100
17 Baowu
Total score 42.3 /100
18 CRH
Total score 40.1 /100
19 Voestalpine
Total score 37.8 /100
20 Nippon Steel
Total score 37.3 /100
21 Tata Steel
Total score 35.3 /100
22 Shagang
Total score 29.8 /100
23 Holcim
Total score 26.0 /100
24 Gerdau
Total score 25.5 /100
25 Norsk Hydro
Total score 25.2 /100
26 Nucor
Total score 24.2 /100
27 Arconic
Total score 24.0 /100
28 Buzzi Unicem
Total score 22.9 /100
29 NLMK
Total score 22.4 /100
30 Steel Dynamics
Total score 20.3 /100
31 Vedanta Resources
Total score 19.5 /100
32 JFE Holdings
Total score 18.7 /100
33 Taiwan Cement
Total score 18.5 /100
34 Boral
Total score 18.3 /100
35 China Resources Building Materials Technology
Total score 17.3 /100
36 InterCement
Total score 16.3 /100
37 Taiheiyo Cement
Total score 15.6 /100
38 Alcoa
Total score 15.0 /100
39 JSW Steel
Total score 14.7 /100
40 Maanshan Iron & Steel
Total score 14.6 /100
41 Shougang
Total score 13.1 /100
42 Tsingshan Holding
Total score 12.6 /100
43 Shree Cement
Total score 12.0 /100
44 Ansteel
Total score 11.7 /100
45 UNACEM
Total score 11.1 /100
46 Hindalco
Total score 11.0 /100
47 Vicat
Total score 10.6 /100
48 Guangxi Shenglong Metallurgical
Total score 10.2 /100
49 Evraz
Total score 10.1 /100
- Hebei Jingye Group
Total score 10.1 /100
- Rusal
Total score 10.1 /100
52 Hunan Valin Steel
Total score 9.8 /100
- Nanjing Iron & Steel
Total score 9.8 /100
54 Baotou Steel
Total score 9.7 /100
- CITIC Pacific Special Steel
Total score 9.7 /100
- Donghai Special Steel
Total score 9.7 /100
- Rizhao Steel
Total score 9.7 /100
- Xinhua Metallurgical
Total score 9.7 /100
59 Hyundai Steel
Total score 9.5 /100
60 Liuzhou Iron & Steel
Total score 9.4 /100
- Xinyu Iron & Steel
Total score 9.4 /100
62 Martin Marietta
Total score 8.5 /100
63 Hesteel
Total score 8.2 /100
64 Severstal
Total score 8.0 /100
65 Anhui Conch Cement
Total score 7.6 /100
66 China Shanshui Cement
Total score 7.5 /100
- Emirates Global Aluminium
Total score 7.5 /100
68 China Steel
Total score 6.7 /100
69 Ternium
Total score 6.5 /100
70 SAIL
Total score 5.7 /100
71 Cementos Argos
Total score 4.8 /100
72 Ramco Cements
Total score 4.5 /100
73 Metinvest
Total score 4.2 /100
74 South32
Total score 3.4 /100
75 Huaxin Cement
Total score 3.0 /100
- Siam City Cement
Total score 3.0 /100
77 BBMG
Total score 0.0 /100
- BUA Cement
Total score 0.0 /100
- CHALCO
Total score 0.0 /100
- CNBM
Total score 0.0 /100
- Cemros
Total score 0.0 /100
- Century Aluminum
Total score 0.0 /100
- China Hongqiao
Total score 0.0 /100
- Dangote Cement
Total score 0.0 /100
- Delong Steel
Total score 0.0 /100
- Hanwa
Total score 0.0 /100
- JiuQuan Iron and Steel Group
Total score 0.0 /100
- Kobelco
Total score 0.0 /100
- Rio Tinto
Total score 0.0 /100
- Shandong Iron & Steel Group
Total score 0.0 /100
- Yatai Building Materials
Total score 0.0 /100