Metalúrgica Galaica S.A.
Metalúrgica Galaica S.A., commonly referred to as Megasa, is a prominent player in the steel industry, headquartered in Spain. Established in 1965, the company has grown to become a leader in the production of high-quality steel products, serving various sectors including construction, automotive, and energy. With operational facilities strategically located across Europe, Megasa is renowned for its innovative approach to steel manufacturing. The company’s core offerings include a diverse range of steel products, such as reinforcing bars and wire rods, distinguished by their superior strength and durability. Megasa's commitment to sustainability and advanced technology has positioned it as a market leader, earning recognition for its contributions to the industry. With a focus on quality and customer satisfaction, Metalúrgica Galaica S.A. continues to set benchmarks in the steel sector.
DitchCarbon Score
How does Metalúrgica Galaica S.A.'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 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
Metalúrgica Galaica S.A.'s score of 1 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Metalúrgica Galaica S.A.'s reported carbon emissions
In 2023, Metalúrgica Galaica S.A. reported significant carbon emissions from its operations, with indirect CO2 emissions from steel mills amounting to approximately 110,000 kg CO2e per metric ton of product. Additionally, indirect emissions from lamination processes were about 18,000 kg CO2e per metric ton. Direct CO2 emissions per product remained constant at 50,000 kg CO2e. Over the years, the company has shown a trend of reducing its emissions. In 2022, indirect emissions from steel mills were about 121,000 kg CO2e, and from lamination, they were approximately 20,000 kg CO2e. This indicates a commitment to lowering its carbon footprint, although specific reduction targets or initiatives have not been disclosed. Metalúrgica Galaica S.A. has not specified any formal climate pledges or targets under the Science Based Targets initiative (SBTi), nor have they outlined any documented reduction initiatives. The company operates within the steel industry, which is known for its high carbon emissions, and is likely to face increasing pressure to enhance its sustainability practices in line with global climate commitments.
Industry emissions intensity
Location emissions 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.
Metalúrgica Galaica S.A. is not committed to any 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.
