Public Profile

Marcegaglia

Marcegaglia, officially known as Marcegaglia Steel, is a leading Italian company headquartered in Gazoldo degli Ippoliti, Italy. Founded in 1959, it has established a strong presence in the steel and metal processing industry, with significant operations across Europe, Asia, and the Americas. The company specialises in the production of steel products, including cold-rolled and hot-rolled steel, stainless steel, and a variety of metal components. Marcegaglia is renowned for its commitment to quality and innovation, offering unique solutions tailored to diverse industrial applications. With a robust market position, Marcegaglia has achieved notable milestones, including extensive investments in technology and sustainability initiatives, solidifying its reputation as a key player in the global steel market.

DitchCarbon Score

How does Marcegaglia'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.

21

Industry Average

Mean score of companies in the Precious Metal 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.

9

Industry Benchmark

Marcegaglia's score of 21 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

86%

Marcegaglia's reported carbon emissions

In 2023, Marcegaglia reported total carbon emissions of approximately 576,564,000 kg CO2e, comprising about 456,665,000 kg CO2e from Scope 1 and about 119,899,000 kg CO2e from Scope 2 emissions. This marked an increase from previous years, with emissions in 2022 at approximately 505,960,000 kg CO2e and in 2021 at about 516,484,000 kg CO2e. The company has committed to achieving net-zero emissions by 2050, as part of its long-term climate strategy. This commitment encompasses all scopes of emissions, aligning with the Science Based Targets initiative (SBTi). Marcegaglia's near-term target status is classified as "Committed," indicating a proactive approach to reducing its carbon footprint. Over the years, Marcegaglia has demonstrated fluctuations in emissions, with Scope 1 emissions peaking at approximately 343,228,000 kg CO2e in 2022 and Scope 2 emissions reaching about 203,463,000 kg CO2e in 2019. The company continues to focus on sustainability and reducing its greenhouse gas emissions intensity, which was reported at approximately 45.8 kg CO2e per tonne processed in 2023. Overall, Marcegaglia's climate commitments reflect a significant dedication to addressing climate change and reducing its environmental impact within the construction and engineering sector.

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Add to project
201820192020202120222023
Scope 1
331,205,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
180,039,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
-
-
-
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Industry emissions intensity

Very low
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Medium
High
Very high
Some industries are more carbon intensive than others. Marcegaglia's primary industry is Precious metals, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Marcegaglia is headquartered in IT, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Marcegaglia is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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