Tubacex

Tubacex, a company in the Gas/Diesel Oil industry headquartered in Spain, has disclosed its carbon emissions and set ambitious climate targets. For the reporting year 2023, Tubacex reported total emissions of approximately 332.64 million kg CO2e. This includes Scope 1 emissions totalling approximately 54.81 million kg CO2e, Scope 2 emissions of approximately 16.36 million kg CO2e, and Scope 3 emissions amounting to approximately 261.47 million kg CO2e.

For the reporting year 2024, Tubacex's Scope 1 and 2 emissions were approximately 62.44 million kg CO2e. In the most recent reporting year of 2025, their Scope 1 and 2 emissions were approximately 55.39 million kg CO2e.

Tubacex has committed to significant emissions reductions. As part of its commitment to the Science Based Target (SBT) initiative, signed in December 2020, the company aims to reduce its greenhouse gas (GHG) emissions by 2030. Specifically, Tubacex aims to reduce its Scope 1 and 2 GHG emissions by 60% by 2030, with a long-term goal of achieving net-zero emissions by 2050. This target is aligned with keeping warming to 1.5°C. Furthermore, Tubacex has set a target to reduce Scope 3 GHG emissions by 30% per ton of steel sold by 2030, from a 2019 base year. Some SBTi data also indicates a commitment to reduce absolute Scope 1 and 2 GHG emissions by 64.32% by 2030 from a 2019 base year, and Scope 3 emissions by 55.40% per EUR value added within the same timeframe.