Navantia Sustainability Profile
Navantia S.A., a prominent player in the shipbuilding and naval engineering industry, is headquartered in Spain (ES) and operates extensively across Europe and Latin America. Founded in 2005, the company has rapidly established itself as a leader in the design and construction of advanced naval vessels, including frigates, submarines, and auxiliary ships. With a strong focus on innovation, Navantia offers unique solutions that integrate cutting-edge technology and sustainability, setting them apart in the competitive maritime sector. The company has achieved significant milestones, including the successful delivery of numerous vessels to various navies worldwide, reinforcing its market position as a trusted partner in defence and maritime operations. Navantia's commitment to excellence and strategic partnerships continues to drive its growth and reputation in the global shipbuilding arena.
DitchCarbon Score
How does Navantia'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 Maritime Transport 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
Navantia's score of 10 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Navantia's reported carbon emissions
In 2020, Navantia reported total carbon emissions of approximately 321,510 kg CO2e, comprising 60,410 kg CO2e from Scope 1 and 261,100 kg CO2e from Scope 2 emissions. This data reflects a decrease from 2019, where emissions were about 498,600 kg CO2e, with Scope 1 at 72,070 kg CO2e and Scope 2 at 426,530 kg CO2e. The trend indicates a commitment to reducing emissions over the years, as emissions in 2018 were approximately 569,800 kg CO2e, with Scope 1 at 78,990 kg CO2e and Scope 2 at 490,810 kg CO2e. Despite these reductions, Navantia has not set specific science-based targets (SBTi) or documented reduction initiatives. The emissions data is cascaded from its parent company, Navantia S.A., through a corporate family relationship, with performance sources indicating a commitment to sustainability. Overall, while Navantia has made strides in reducing its carbon footprint, further commitments and targets would enhance its climate strategy and align with industry standards for emissions reduction.
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| 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Scope 1 | 71,170 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 679,400 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Navantia's Industry?
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Navantia's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Navantia has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
