Gonvarri, officially known as Gonvarri Industries, is a prominent player in the basic iron and steel industry, specialising in ferro-alloys and their first products. Headquartered in Spain, the company operates extensively across Europe and Latin America, providing innovative solutions in the steel sector since its founding in 2000.
With a focus on high-quality steel products, Gonvarri is renowned for its commitment to sustainability and advanced manufacturing processes. The company’s core offerings include steel processing, logistics, and the production of tailored steel solutions, which set it apart in a competitive market.
Gonvarri has achieved significant milestones, establishing itself as a leader in the industry through strategic partnerships and a robust supply chain. Its dedication to quality and innovation has solidified its market position, making it a trusted name in the steel and ferro-alloy sectors.
+34 vs industry average
Gonvarri’s score of 50 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Iron and Steel Production is among the most carbon-intensive industries
Industry performance
The Iron and Steel Production industry has reduced its overall emissions by 36% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Gonvarri's reported carbon emissions
Gonvarri, headquartered in Spain and operating in the basic iron and steel industry, has outlined significant climate commitments. For the reporting year 2025, the company reported a total of approximately 430.4 million kg CO2e. Scope 3 emissions for 2025 were approximately 57.7 million kg CO2e, with Scope 1 and 2 emissions totalling approximately 372.7 million kg CO2e. In 2024, total emissions were approximately 439.8 million kg CO2e, comprising about 78 million kg CO2e in Scope 3 and 361.8 million kg CO2e in Scope 1 and 2.
Looking at historical data, Gonvarri reported total emissions of approximately 442.6 million kg CO2e for 2023, with Scope 3 emissions at about 85 million kg CO2e and Scope 1 and 2 at approximately 357.6 million kg CO2e. In 2022, Scope 1 emissions were about 27.4 million kg CO2e, Scope 2 emissions were approximately 46.2 million kg CO2e, and combined Scope 1 and 2 emissions stood at around 73.6 million kg CO2e. For 2021, Scope 1 emissions were approximately 22.1 million kg CO2e, Scope 2 emissions were about 30 million kg CO2e, and the combined Scope 1 and 2 total was approximately 52.1 million kg CO2e. In 2020, Gonvarri reported Scope 1 emissions of about 19.1 million kg CO2e, Scope 2 emissions of approximately 34.5 million kg CO2e, and Scope 3 emissions of 2.6 million kg CO2e from business travel and 25.6 million kg CO2e from employee commute. Their combined Scope 1 and 2 emissions for 2020 were approximately 53.5 million kg CO2e.
Gonvarri's climate targets include reducing Scope 1 emissions by 50% by 2030, compared to 2019 levels. The company also aims to achieve 100% renewable electricity for Scope 2 emissions by 2030. Furthermore, Gonvarri has a long-term ambition to become a climate-impact-neutral company by 2050, as outlined in their "Carbon Neutral 2030/2050 Plan," which also includes a near-term goal of achieving zero Scope 2 emissions by 2030. Prior to these targets, a near-term objective was set to reduce emissions from employee displacement by 20% by 2022.
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Gonvarri’s Climate Goals (2030 & 2050)
5 goals2030
50% reduction in all scopes
Scope 1: Reduce by 50% by 2030. Scope 2: Achieve 100% renewable electricity by 2030. Scope 3 target on green steel purchases, aligned with s…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Gonvarri
Frequently asked questions
Common questions about Gonvarri’s sustainability data and climate commitments
Data year: 2025
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