Acerinox Sustainability Profile
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.
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.
Industry Benchmark
Acerinox's score of 42 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Acerinox's reported carbon emissions
In 2023, Acerinox, S.A. reported total carbon emissions of approximately 4,000,000,000 kg CO2e, comprising 778,994,000 kg CO2e from Scope 1, 1,483,902,000 kg CO2e from Scope 2, and 3,521,612,000 kg CO2e from Scope 3 emissions. This marked a significant increase in emissions compared to 2022, where total emissions were about 2,751,420,000 kg CO2e, with Scope 1 and 2 emissions at 872,253,000 kg CO2e and 1,879,167,000 kg CO2e, respectively. Acerinox has committed to achieving net-zero emissions by 2050, with targets set through the Science Based Targets initiative (SBTi). The company is focused on reducing emissions across all scopes, although specific reduction percentages have not been disclosed. Their long-term commitment reflects a strategic approach to sustainability within the iron and steel sector, where they aim to enhance their environmental performance. The company has also received recognition for its sustainability efforts, including a platinum rating from EcoVadis, underscoring its commitment to responsible environmental practices. As part of its climate strategy, Acerinox continues to monitor and report its emissions, aligning with industry standards and expectations for transparency in climate action.
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| 2018 | 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| 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 |
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Acerinox's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Acerinox has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Acerinox's sustainability data and climate commitments