Baoshan Iron & Steel Co., Ltd. (BAOSHAN IRON &-A) is a leading steel producer in China, with a focus on high-quality steel products and a commitment to sustainable development. The company operates in the Steel Producers sector, which is a vital industry for the global economy. Steel is used in a wide range of applications, from construction and infrastructure to manufacturing and transportation. As the world transitions towards a low-carbon economy, the steel industry is facing significant challenges in terms of decarbonisation and reducing its environmental impact.

Baoshan Iron & Steel Co., Ltd. is committed to addressing these challenges through a range of initiatives and strategies. The company has set ambitious targets for reducing its carbon emissions and improving its energy efficiency. It is also investing in renewable energy and exploring new technologies to reduce its environmental impact.

Decarbonisation is a key priority for Baoshan Iron & Steel Co., Ltd. The company recognises that reducing its carbon emissions is essential for achieving long-term sustainability and meeting the goals of the Paris Agreement. To this end, Baoshan Iron & Steel Co., Ltd. has set a target of reducing its carbon emissions intensity by 30% by 2025, compared to 2015 levels. The company is also exploring new technologies to reduce its carbon footprint, such as carbon capture and storage (CCS) and hydrogen-based steelmaking.

Corporate energy is another area of focus for Baoshan Iron & Steel Co., Ltd. The company is committed to improving its energy efficiency and reducing its energy consumption. It has implemented a range of measures to achieve these goals, such as upgrading its equipment and processes, improving its energy management systems, and promoting energy-saving behaviours among its employees. Baoshan Iron & Steel Co., Ltd. has also established a corporate energy management system (EnMS) to monitor and manage its energy use and identify opportunities for improvement.

Corporate power purchase agreements (PPAs) are an important tool for Baoshan Iron & Steel Co., Ltd. to achieve its renewable energy goals. The company has signed several PPAs with renewable energy providers to purchase electricity from wind and solar power projects. These agreements not only help Baoshan Iron & Steel Co., Ltd. to reduce its carbon emissions but also provide a stable and predictable source of energy for its operations. The company is also exploring the possibility of developing its own renewable energy projects, such as wind and solar power plants.

Renewable energy is a key component of Baoshan Iron & Steel Co., Ltd.'s sustainability strategy. The company is committed to increasing its use of renewable energy and reducing its reliance on fossil fuels. It has set a target of sourcing 10% of its energy from renewable sources by 2025. To achieve this goal, Baoshan Iron & Steel Co., Ltd. is investing in renewable energy projects and exploring new technologies, such as hydrogen-based steelmaking and renewable energy storage.

In conclusion, Baoshan Iron & Steel Co., Ltd. is a leading steel producer in China that is committed to sustainable development and reducing its environmental impact. The company is addressing the challenges of decarbonisation and improving its energy efficiency through a range of initiatives and strategies. Corporate energy, corporate PPAs, and renewable energy are all key components of Baoshan Iron & Steel Co., Ltd.'s sustainability strategy. The company's commitment to sustainability is not only good for the environment but also for its long-term business success.