Public Profile

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.

7

Industry Average

Mean score of companies in the Iron and Steel 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.

10

Industry Benchmark

Metalúrgica Galaica S.A.'s score of 7 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.

26%

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Metalúrgica Galaica S.A.'s reported carbon emissions

Inherited from Metalúrgica Galaica S.A.

In 2022, Metalúrgica Galaica S.A. reported total carbon emissions of approximately 841,916,000 kg CO2e, comprising 212,252,000 kg CO2e from Scope 1 and 629,664,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. For 2021, the emissions were slightly lower at about 846,867,000 kg CO2e, with Scope 1 emissions at 207,946,000 kg CO2e and Scope 2 emissions at 638,921,000 kg CO2e. In 2020, the total emissions were approximately 1,083,834,000 kg CO2e, with Scope 1 at 231,250,000 kg CO2e and Scope 2 at 852,584,000 kg CO2e. Despite these figures, Metalúrgica Galaica S.A. has not set any specific reduction targets or initiatives, nor have they committed to any climate pledges. The absence of disclosed reduction targets indicates a potential area for improvement in their climate strategy. The emissions data is not cascaded from any parent organization, and all figures are derived directly from Metalúrgica Galaica S.A.'s own reporting. The company operates within the steel industry, which is known for its significant carbon footprint, highlighting the importance of effective emissions management and reduction strategies in this sector.

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202020212022
Scope 1
231,250,000
000,000,000
000,000,000
Scope 2
852,584,000
000,000,000
000,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Metalúrgica Galaica S.A.'s primary industry is Basic iron and steel and of ferro-alloys and first products thereof, 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. This request for Metalúrgica Galaica S.A. is in ES, which has a low grid carbon intensity relative to other regions.

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 participating in any of the initiatives that 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
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers