Tubacex
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 38 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Tubacex's reported carbon emissions
In 2023, Tubacex reported total greenhouse gas emissions of approximately 428,262,000 kg CO2e, comprising 48,432,000 kg CO2e from Scope 1, 14,731,000 kg CO2e from Scope 2, and 365,098,870 kg CO2e from Scope 3 emissions. This reflects a significant commitment to reducing their carbon footprint, with ambitious targets set for the near term. Tubacex has pledged to reduce absolute Scope 1 and 2 emissions by 64.32% by 2030, using 2019 as the base year. Additionally, they aim to decrease Scope 3 emissions by 55.40% per EUR value added within the same timeframe. Furthermore, they have set intensity targets, committing to a 59% reduction in Scope 1 and 2 emissions per ton of steel sold, alongside a 30% reduction in Scope 3 emissions per ton of steel sold by 2030. These commitments align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C. Tubacex's proactive approach to climate action underscores its dedication to sustainability and reducing its environmental impact in the electrical equipment and machinery sector.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 6,543,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 3,818,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 178,990,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000 | 000,000,000 | 000,000,000 |
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.
Tubacex is committed to some reduction initiatives 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.
