Marcegaglia, a prominent player in the other business services sector, is headquartered in Italy and operates extensively across Europe and beyond. Founded in 1959, the company has established itself as a leader in the production of steel and stainless steel products, catering to diverse industries such as construction, automotive, and energy.
With a commitment to innovation, Marcegaglia offers a wide range of core services, including steel processing, manufacturing, and distribution, distinguished by their high-quality standards and sustainability practices. The company has achieved significant milestones, including expanding its operational footprint and enhancing its product portfolio, solidifying its market position as a trusted supplier. Marcegaglia's dedication to excellence and customer satisfaction continues to drive its success in the competitive landscape of business services.
+11 vs industry average
Marcegaglia’s score of 43 is higher than 60% 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
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has increased its overall emissions by 24% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Marcegaglia's reported carbon emissions
Marcegaglia, an IT-based company operating in other business services (74), has reported Scope 1 and 2 emissions for several years. In 2023, the company's Scope 1 emissions were approximately 456,665,000 kg CO2e, and Scope 2 emissions were about 119,899,000 kg CO2e. This follows 2022 figures of approximately 343,228,000 kg CO2e for Scope 1 and about 162,732,000 kg CO2e for Scope 2. In 2021, Scope 1 emissions were approximately 316,239,000 kg CO2e, with Scope 2 at about 200,246,000 kg CO2e. Prior to these, in 2020, Scope 1 was approximately 301,847 kg CO2e and Scope 2 was about 188,202 kg CO2e. In 2019, Scope 1 was around 326,018 kg CO2e and Scope 2 was approximately 203,463 kg CO2e. For 2018, Scope 1 emissions were about 331,205 kg CO2e and Scope 2 emissions were approximately 180,039 kg CO2e. Marcegaglia has set near-term reduction targets focused on intensity. By 2025, the company aims for an 8% reduction in carbon dioxide emission intensity for both Scope 1 and Scope 2, compared to a 2021 baseline. These reductions are to be achieved through various initiatives, including sourcing electricity from renewable sources, installing photovoltaic systems, and optimising logistics and plant efficiency. Further contributing to emissions reduction, Marcegaglia is investing in CO2 capture technology. A CO2 capture plant using the KM CDR™ process, licensed by Mitsubishi Heavy Industries Engineering, is designed for permanent CO2 sequestration, aiming to capture up to 98% of CO2. This technology is expected to significantly reduce emissions from its cogeneration plant and the entire group, with the CO2 capture plant designed for approximately 110,000 tonnes of CO2 per year and operational by 2025. Additionally, Marcegaglia Steel has joined the "Decarb Fast Track" programme, which aims to save 100,000 tonnes of CO2 and reduce energy consumption by up to 10% by 2025. It's important to note that Marcegaglia's emissions data is cascaded from its ultimate parent company, Marcegaglia SpA.
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Marcegaglia’s Climate Goals (2030 & 2050)
6 goals2025
10% reduction in Scope 2
Marcegaglia Steel è stata selezionata per entrare nel programma “Decarb Fast Track”, lanciato da METRON, Dalkia, BNP Paribas e AWS, che mira…
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
Inherited from Marcegaglia Steel S.P.A.
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
Inherited from Marcegaglia Steel S.P.A.
RE 100
Climate Action 100
Emissions comparison with industry peers
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Marcegaglia
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