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Public Profile
Non-Metallic Mineral Mining
EC
updated 8 months ago

Novacero S.A. Sustainability Profile

Company website

Novacero S.A., a leading player in the steel industry, is headquartered in Ecuador (EC) and operates extensively across Latin America. Founded in 1996, the company has established itself as a key manufacturer of high-quality steel products, including rebar, wire rod, and structural steel, catering to the construction and industrial sectors. With a commitment to innovation and sustainability, Novacero S.A. stands out for its advanced production techniques and eco-friendly practices. The company has achieved significant milestones, including the implementation of state-of-the-art technology that enhances product quality and efficiency. Recognised for its market leadership, Novacero S.A. continues to expand its footprint, solidifying its reputation as a trusted supplier in the region.

DitchCarbon Score

How does Novacero 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.

9

Industry Average

Mean score of companies in the Non-Metallic Mineral Mining 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.

16

Industry Benchmark

Novacero S.A.'s score of 9 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

39%

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Novacero S.A.'s reported carbon emissions

Novacero S.A., headquartered in Ecuador (EC), currently does not have specific carbon emissions data available for the most recent year. As a current subsidiary, Novacero S.A. inherits its climate commitments and emissions data from its parent organisation, but no specific figures or reduction targets have been provided. The company has not outlined any specific reduction initiatives or targets, such as those from the Science Based Targets initiative (SBTi), nor has it made any climate pledges. This lack of publicly available data suggests that Novacero S.A. may still be in the early stages of developing a comprehensive climate strategy. In the context of the steel industry, where Novacero operates, there is increasing pressure to reduce carbon emissions and implement sustainable practices. As such, it is essential for Novacero S.A. to establish clear emissions reduction targets and strategies to align with industry standards and expectations.

How Carbon Intensive is Novacero S.A.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Novacero S.A.'s primary industry is Non-Metallic Mineral Mining, which is high in terms of carbon intensity compared to other industries.

How Carbon Intensive is Novacero S.A.'s Location?

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 Novacero S.A. is in EC, which has a medium grid carbon intensity relative to other regions.

Novacero S.A.'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.

Novacero S.A. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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

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