Public Profile

Acerinox

Acerinox, officially known as Acerinox S.A., is a leading global player in the stainless steel industry, headquartered in Spain. Established in 1970, the company has grown to become a prominent manufacturer with significant operations across Europe, North America, and Asia. Specialising in the production of high-quality stainless steel products, Acerinox offers a diverse range of solutions, including flat and long products, which are renowned for their durability and corrosion resistance. The company’s commitment to innovation and sustainability sets it apart in a competitive market. With a strong market position, Acerinox has achieved notable milestones, including advancements in production technology and a robust export strategy. Its dedication to quality and customer satisfaction has solidified its reputation as a trusted supplier in the stainless steel sector.

DitchCarbon Score

How does Acerinox'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.

34

Industry Average

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.

2

Industry Benchmark

Acerinox's score of 34 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

94%

Acerinox's reported carbon emissions

In 2023, Acerinox reported total carbon emissions of approximately 2,262,896,000 kg CO2e, comprising 778,994,000 kg CO2e from Scope 1 and 1,483,902,000 kg CO2e from Scope 2 emissions. Additionally, the company disclosed Scope 3 emissions amounting to about 3,521,612,000 kg CO2e. This data reflects a commitment to transparency in emissions reporting across all scopes. Acerinox has set ambitious climate commitments, aiming for net-zero emissions by 2050, as part of its long-term strategy. The company is committed to reducing emissions across all scopes, aligning with the Science Based Targets initiative (SBTi). This commitment underscores Acerinox's dedication to sustainable practices within the mining and metals sector, particularly in the production of stainless steel. In recent years, Acerinox has made significant strides in reducing its emissions intensity, achieving approximately 1,090 kg CO2e per metric ton of stainless steel produced in 2023, down from 1,070 kg CO2e in 2022 and 1,790 kg CO2e in 2021. These reductions highlight the company's ongoing efforts to enhance operational efficiency and minimise its environmental impact.

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20182019202120222023
Scope 1
828,624,000,000
000,000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
1,726,552,000,000
000,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 3
-
-
-
-
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Acerinox's primary industry is Basic iron and steel and of ferro-alloys and first products thereof, which is medium 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. Acerinox is headquartered in ES, which has a rank of low, indicating 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.

Acerinox is committed to some 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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