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Tubacex, officially known as Tubacex S.A., is a leading player in the gas and diesel oil industry, headquartered in Spain (ES). Founded in 1963, the company has established a strong presence in key operational regions, including Europe, North America, and Asia. Tubacex specialises in the production of high-quality stainless steel and nickel alloy tubes and pipes, catering to the energy sector, particularly in oil and gas applications.
With a commitment to innovation and sustainability, Tubacex has achieved significant milestones, including advancements in manufacturing processes and product development. Their core offerings, characterised by exceptional durability and resistance to extreme conditions, set them apart in a competitive market. Tubacex's reputation for reliability and excellence has solidified its position as a trusted supplier, making it a notable name in the global energy supply chain.
46
DitchCarbon score
+30 vs industry average
Tubacex’s score of 46 is higher than 75% 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
Very High
Gas/Diesel Oil is among the most carbon-intensive industries
Industry performance
0.698
20182025
The Gas/Diesel Oil industry has reduced its overall emissions by 23% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Tubacex's reported carbon emissions
Tubacex, an ES-headquartered company in the Gas/Diesel Oil industry, is committed to climate action with Science Based Targets initiative (SBTi) validated reduction goals.
Carbon Emissions:
In 2023, Tubacex reported total Scope 1, 2, and 3 emissions of approximately 401.4 million kg CO2e. This included:
- Scope 1 emissions: Approximately 48.6 million kg CO2e
- Scope 2 emissions: Approximately 14.5 million kg CO2e (market-based, from purchased electricity)
- Scope 3 emissions: Approximately 336.9 million kg CO2e, broken down as:
- Purchased goods and services: Approximately 296.4 million kg CO2e
- Capital goods: Approximately 32.4 million kg CO2e
- Fuel and energy-related activities: Approximately 27.0 million kg CO2e
- Upstream transportation and distribution: Approximately 6.7 million kg CO2e
- Processing of sold products: Approximately 3.0 million kg CO2e
- Business travel: Approximately 311,000 kg CO2e
- Waste generated in operations: Approximately 95,000 kg CO2e
For 2022, Tubacex's total emissions were approximately 332.6 million kg CO2e, comprising approximately 54.8 million kg CO2e from Scope 1, approximately 16.4 million kg CO2e from Scope 2, and approximately 261.5 million kg CO2e from Scope 3.
In 2021, total emissions stood at approximately 216.4 million kg CO2e, with Scope 1 at approximately 28.2 million kg CO2e, Scope 2 at approximately 18.1 million kg CO2e, and Scope 3 at approximately 170.1 million kg CO2e.
Looking ahead, estimated Scope 1 and 2 market-based emissions were approximately 55.4 million kg CO2e for 2025 and approximately 62.4 million kg CO2e for 2024.
Climate Commitments:
Tubacex has set ambitious climate targets:
- Near-term targets: Tubacex commits to reduce absolute Scope 1 and 2 GHG emissions by 64.32% by 2030 from a 2019 base year. They also aim to reduce Scope 3 GHG emissions by 55.40% per EUR value added within the same timeframe. This commitment is consistent with keeping global warming to 1.5°C. Separately, Tubacex aims to reduce total Scope 1 and 2 GHG emissions by 60% by 2030. They also have a target to reduce Scope 3 GHG emissions by 3.0% by 2030, using a 2023 base year.
- Long-term targets: Tubacex is committed to achieving net-zero emissions by 2050, as part of their SBTi commitment.
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Tubacex’s Climate Goals (2030 & 2050)
3 goals2030
64.32% reduction in Scope 2
TUBACEX commits to reduce absolute scope 2 GHG emissions 64.32% by 2030 from a 2019 base year.
Insufficient data64.32%
2030
64.32% reduction in Scope 1
TUBACEX commits to reduce absolute scope 1 GHG emissions 64.32% by 2030 from a 2019 base year.
Insufficient data64.32%
2030
55.4% reduction in scope 3 total
TUBACEX also commits to reduce scope 3 GHG emissions 55.40% per EUR value added within the same timeframe.
Insufficient data55.4%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Tubacex8 months ago
46
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Frequently asked questions
Common questions about Tubacex’s sustainability data and climate commitments
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