Public Profile

Tenaris

Tenaris S.A., a leading global manufacturer of steel pipes, is headquartered in Luxembourg (LU) and operates extensively across key regions including North America, South America, Europe, and Asia. Founded in 2002, Tenaris has rapidly established itself in the energy sector, particularly in oil and gas, by providing high-quality tubular products and services. The company’s core offerings include seamless and welded steel pipes, which are renowned for their durability and performance in demanding environments. Tenaris is distinguished by its commitment to innovation and sustainability, ensuring that its products meet the evolving needs of the industry. With a strong market position, Tenaris has achieved notable milestones, including strategic acquisitions and investments in advanced manufacturing technologies, solidifying its reputation as a trusted partner in the global energy supply chain.

DitchCarbon Score

How does Tenaris's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

39

Industry Average

Mean score of companies in the Furniture Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

9

Industry Benchmark

Tenaris's score of 39 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

Tenaris's reported carbon emissions

In 2023, Tenaris reported total carbon emissions of approximately 4,000,000 kg CO2e, with emissions distributed across various scopes: 2,100,000 kg CO2e from Scope 1, 1,000,000 kg CO2e from Scope 2, and significant contributions from Scope 3, including 2,900,000 kg CO2e from purchased goods and services. Over the years, Tenaris has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company has consistently reported emissions across all three scopes, indicating a comprehensive approach to tracking its environmental impact. Tenaris's emissions intensity for tubular operations in 2023 was approximately 1,180 kg CO2e per tonne of steel produced, reflecting ongoing efforts to monitor and manage emissions in line with industry standards. As a leading player in the iron and steel sector, Tenaris is positioned to contribute to broader climate goals, although further details on specific reduction strategies or commitments remain unspecified.

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201520162017201820192020202120222023
Scope 1
1,710,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
1,080,000,000
000,000,000
000,000,000
0,000,000,000
000,000,000
000,000,000
000,000,000
0,000,000,000
0,000,000,000
Scope 3
900,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
000
000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Tenaris's primary industry is Furniture; other manufactured goods n.e.c. (36), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Tenaris is headquartered in LU, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Tenaris is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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