Tenova S.p.A.
Tenova S.p.A., a leading global provider of innovative solutions for the metals and mining industries, is headquartered in Italy. Founded in 2003, the company has rapidly established itself as a key player in the sector, with a strong presence in Europe, Asia, and the Americas. Tenova's core business areas include advanced technologies for steelmaking, non-ferrous metals, and mining processes, offering unique products such as electric arc furnaces and innovative material handling systems. With a commitment to sustainability and efficiency, Tenova has achieved notable milestones, including the development of energy-efficient solutions that significantly reduce environmental impact. The company’s market position is reinforced by its extensive portfolio of cutting-edge technologies and a reputation for excellence, making it a trusted partner for clients seeking to enhance productivity and sustainability in their operations.
DitchCarbon Score
How does Tenova S.p.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 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.
Industry Benchmark
Tenova S.p.A.'s score of 22 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tenova S.p.A.'s reported carbon emissions
In 2023, Tenova S.p.A. reported total carbon emissions of approximately 1,407,800 kg CO2e, comprising 247,700 kg CO2e from Scope 1 and 1,160,100 kg CO2e from Scope 2 (market-based). This represents a reduction from 2022, where emissions were about 1,446,900 kg CO2e, with Scope 1 emissions at 278,900 kg CO2e and Scope 2 emissions at 1,676,600 kg CO2e (market-based). Tenova has set ambitious climate commitments, aiming for net zero emissions by 2050 across both Scope 1 and Scope 2 emissions. In the near term, the company targets a reduction of 450 tCO2e in Scope 2 emissions (market-based) by 2024, which equates to a 26% reduction from previous levels. The emissions data for Tenova is cascaded from its parent company, reflecting its status as a current subsidiary. The company is actively working towards its climate goals, demonstrating a commitment to sustainability and reducing its carbon footprint in the industrial sector.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 438,700 | 000,000 | 000,000 |
| Scope 2 | 1,725,500 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
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.
Tenova S.p.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.
