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.
+24 vs industry average
Gonvarri’s score of 40 is higher than 65% 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 27% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Gonvarri's reported carbon emissions
Gonvarri, a company in the basic iron and steel sector headquartered in Spain, has reported its greenhouse gas emissions. For the reporting year 2024, Gonvarri recorded approximately 24.7 million kg CO2e of Scope 1 emissions and approximately 23.3 million kg CO2e of Scope 2 emissions, totalling approximately 48.0 million kg CO2e for Scope 1 and 2 combined. In the preceding year, 2023, the company's Scope 1 emissions were approximately 26.2 million kg CO2e, and Scope 2 emissions amounted to approximately 24.8 million kg CO2e, resulting in a total of approximately 51.0 million kg CO2e for Scope 1 and 2. Looking further back, in 2022, Gonvarri reported approximately 27.4 million kg CO2e of Scope 1 emissions and approximately 46.2 million kg CO2e of Scope 2 emissions, a combined total of approximately 73.6 million kg CO2e. In 2021, Scope 1 emissions were approximately 22.1 million kg CO2e, with Scope 2 emissions at approximately 30.0 million kg CO2e, for a combined Scope 1 and 2 total of approximately 52.1 million kg CO2e. For 2020, Gonvarri's emissions included approximately 19.1 million kg CO2e for Scope 1 and approximately 34.5 million kg CO2e for Scope 2, totalling approximately 53.5 million kg CO2e for Scope 1 and 2. Scope 3 emissions for 2020 included approximately 1.8 million kg CO2e from business travel and approximately 25.6 million kg CO2e from employee commute. In 2019, Gonvarri reported approximately 18.9 million kg CO2e of Scope 1 emissions and approximately 38.9 million kg CO2e of Scope 2 emissions. Scope 3 emissions for 2019 were approximately 38.5 million kg CO2e, with business travel accounting for approximately 4.5 million kg CO2e of this total. In 2017, the company's total emissions were approximately 54.1 million kg CO2e, comprising approximately 19.7 million kg CO2e of Scope 1 and approximately 34.4 million kg CO2e of Scope 2. Scope 3 emissions in 2017 included approximately 3.9 million kg CO2e from business travel and approximately 12.1 million kg CO2e from employee commute. Gonvarri has established several climate commitments. By 2030, the company aims to reduce Scope 1 emissions by 50% compared to 2019 levels. Furthermore, Gonvarri is committed to achieving 100% renewable electricity for its Scope 2 emissions by 2030. The company also has a Scope 3 target related to green steel purchases, aligned with science. Beyond these near-term goals, Gonvarri's "Plan Carbon Neutral 2030-50" outlines an objective to become a climate-neutral company by 2050. Previously, a target was set to reduce emissions derived from the displacement of employees 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
2 of 15 categories disclosedSee all scope 3 categories
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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
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