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.
+37 vs industry average
Tubacex’s score of 56 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Gas/Diesel Oil has above-average carbon intensity
Industry performance
The Gas/Diesel Oil industry has reduced its overall emissions by 41% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Tubacex's reported carbon emissions
In 2024, Tubacex reported total greenhouse gas emissions of approximately 332,642,000 kg CO2e, comprising Scope 1 emissions of about 49,327,000 kg CO2e, Scope 2 emissions of approximately 14,571,000 kg CO2e, and Scope 3 emissions of around 268,744,000 kg CO2e. The company has set ambitious climate commitments, including a target to reduce its Scope 1 and 2 emissions by 60% by 2030 and achieve net-zero emissions by 2050. This commitment is part of their adherence to the Science Based Targets Initiative (SBTi), which they joined in December 2020. For Scope 1 and 2 emissions, Tubacex aims for a reduction of 64.32% by 2030 from a 2019 baseline, while also targeting a 55.40% reduction in Scope 3 emissions per EUR value added within the same timeframe. These targets reflect Tubacex's commitment to align with the global goal of limiting temperature rise to 1.5°C, demonstrating their proactive approach to climate action and sustainability.
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Tubacex’s Climate Goals (2030 & 2050)
6 goals2030
60% reduction in Scope 2
This decarbonization plan forms part of the 2030 climate roadmap to reduce our GHG emissions (Scopes 1 and 2) by 60% by 2030 and reach “net…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Tubacex
Frequently asked questions
Common questions about Tubacex’s sustainability data and climate commitments
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