Public Profile

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.

38

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Tubacex's score of 38 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Tubacex's reported carbon emissions

In 2023, Tubacex reported total carbon 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 a significant 365,098,870 kg CO2e from Scope 3 emissions. This marks an increase from 2022, where total emissions were about 357,854,000 kg CO2e. Tubacex has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 64.32% by 2030, using 2019 as the base year. Additionally, the company targets a 30% reduction in Scope 3 emissions per ton of steel sold within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit temperature rise to 1.5°C. The company's commitment to sustainability is reflected in its focus on reducing emissions intensity, with a goal of achieving a 59% reduction in emissions per ton of steel sold by 2030. Tubacex's proactive approach to addressing its carbon footprint underscores its dedication to environmental responsibility within the electrical equipment and machinery sector.

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Add to project
20192020202120222023
Scope 1
67,340,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
72,790,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
246,395,000
000,000,000
000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Tubacex's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Tubacex is headquartered in ES, which has a rank of low, indicating low grid carbon 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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