Tubacex Sustainability Profile
Tubacex S.A., headquartered in Spain, is a leading player in the global manufacturing of high-performance stainless steel and special alloy products. Founded in 1963, the company has established a strong presence in key operational regions, including Europe, the Americas, and Asia, serving diverse industries such as oil and gas, aerospace, and power generation. Specialising in seamless tubes, pipes, and fittings, Tubacex is renowned for its commitment to quality and innovation, offering unique solutions that meet stringent industry standards. The company has achieved significant milestones, including strategic acquisitions and expansions, solidifying its market position as a trusted supplier. With a focus on sustainability and technological advancement, Tubacex continues to set benchmarks in the industry, making it a preferred choice for clients worldwide.
DitchCarbon Score
How does Tubacex'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 Gas/Diesel Oil 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
Tubacex's score of 35 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tubacex's reported carbon emissions
In 2022, Tubacex reported total greenhouse gas (GHG) emissions of approximately 332,642,000 kg CO2e, comprising 54,811,000 kg CO2e from Scope 1, 16,361,000 kg CO2e from Scope 2, and 261,470,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, including a target to reduce absolute Scope 1 and 2 emissions by 64.32% by 2030 from a 2019 baseline. Additionally, Tubacex aims to reduce Scope 3 emissions by 55.40% per EUR value added within the same timeframe. The company is also committed to achieving net zero emissions by 2050, as part of its participation in the Science Based Targets initiative (SBTi), which it joined in December 2020. Tubacex's decarbonisation strategy includes a near-term goal of reducing GHG emissions from Scopes 1 and 2 by 60% by 2030, with a focus on enhancing renewable energy use and improving waste management practices. Overall, Tubacex's climate strategy reflects a strong commitment to sustainability and aligns with industry standards for reducing carbon emissions.
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| 2018 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 53,589,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 34,598,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 526,560,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Tubacex's Industry?
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Tubacex'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.
Tubacex 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.
