Acerías Paz del Río S.A., commonly referred to as Paz del Río, is a prominent steel manufacturing company headquartered in Boyacá, Colombia. Established in 1956, the company has significantly contributed to the Colombian steel industry, focusing on the production of high-quality steel products and services. With a strong operational presence across various regions in Colombia, Paz del Río excels in the production of long steel products, including rebar and wire rod, which are essential for construction and infrastructure projects. The company is recognised for its commitment to innovation and sustainability, utilising advanced technologies to enhance product quality and reduce environmental impact. As a key player in the Colombian market, Acerías Paz del Río S.A. has achieved notable milestones, solidifying its reputation as a reliable supplier in the steel sector.
How does Acerías Paz del Río S. A.'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.
Mean score of companies in the Iron and Steel Production 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.
Acerías Paz del Río S. A.'s score of 7 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Acerías Paz del Río S. A. reported a carbon intensity of approximately 2,560 kg CO2e per tonne of crude steel produced globally. This figure reflects the company's ongoing commitment to managing its carbon footprint within the steel industry. For 2024, the company has not disclosed specific emissions data, but it continues to focus on its climate commitments. Acerías Paz del Río has set long-term reduction targets aimed at achieving net-zero emissions for Scope 1 and Scope 2 by 2030, with ongoing actions for prevention, mitigation, and compensation extending to 2050. These initiatives are part of a broader strategy to enhance sustainability and reduce greenhouse gas emissions. The company operates under a corporate family relationship, inheriting data and initiatives from its parent organisation, which is also Acerías Paz del Río S. A. This cascading of data ensures that the company aligns with industry standards and best practices in emissions management. Overall, while specific emissions figures for 2024 are not available, Acerías Paz del Río S. A. is actively working towards significant climate commitments that reflect its dedication to reducing its environmental impact in the steel sector.
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.
Acerías Paz del Río S. A. is not participating in any of the initiatives that 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.