Feralpi Sustainability Profile
Feralpi S.p.A., commonly known as Feralpi, is a prominent player in the steel industry, headquartered in Italy. Established in 1968, the company has grown to become a leader in the production of high-quality steel products, primarily serving the construction and manufacturing sectors. With operational facilities across Europe, Feralpi is renowned for its innovative approach to steel production, focusing on sustainability and efficiency. The company’s core offerings include reinforced steel bars, wire rods, and other steel products, distinguished by their superior quality and adherence to stringent environmental standards. Feralpi's commitment to research and development has positioned it as a market leader, achieving notable milestones such as ISO certification and recognition for its eco-friendly practices. With a strong market presence, Feralpi continues to set benchmarks in the steel industry, driving advancements in both technology and sustainability.
DitchCarbon Score
How does Feralpi'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 Ores 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
Feralpi's score of 32 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Feralpi's reported carbon emissions
In 2023, Feralpi reported total carbon emissions of approximately 201,221,000 kg CO2e for Scope 1, 523,282,000 kg CO2e for Scope 2, and 43,422,000 kg CO2e for Scope 3. This reflects a slight decrease in Scope 1 emissions from 209,763,000 kg CO2e in 2022, while Scope 2 emissions also decreased from 746,954,000 kg CO2e in the previous year. The company has set ambitious climate commitments, aiming for a 50% reduction in Scope 1 and 2 emissions intensity relative to the tonnes of hot-rolled steel produced by 2030, using 2022 as the base year. Feralpi is also committed to achieving net-zero emissions by 2050, with a comprehensive decarbonisation strategy that includes the neutralisation of residual emissions. This long-term target underscores the company's dedication to sustainability and climate action. The emissions data is sourced directly from Feralpi Holding S.p.A., with no cascaded data from parent organisations.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 195,003,000 | 000,000 | 000,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 568,461,000 | 000,000,000 | 000,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 29,750,000 | 00,000,000 | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Feralpi's Industry?
How Carbon Intensive is Feralpi's Location?
Feralpi's Scope 3 Categories Breakdown
Feralpi's Scope 3 emissions, which increased by 5% last year and increased by approximately 46% since 2015, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 6% of total emissions under the GHG Protocol, with "Downstream Transportation & Distribution" being the largest emissions source at 66% of Scope 3 emissions.
Top Scope 3 Categories
Feralpi'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.
Feralpi has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
