Tubacex

Tubacex, a Gas/Diesel Oil industry company headquartered in Spain, has reported its carbon emissions for recent years. For 2024, the company's total reported emissions were approximately 72,193,000 kg CO2e. This figure is composed of approximately 49,327,000 kg CO2e for Scope 1, and approximately 14,571,000 kg CO2e for Scope 2. Scope 3 emissions for 2024 were approximately 277,657,000 kg CO2e, with the largest contributor being purchased goods and services at approximately 246,945,000 kg CO2e.

In 2023, Tubacex reported total emissions of approximately 77,613,000 kg CO2e, comprising approximately 48,612,000 kg CO2e for Scope 1 and approximately 14,506,000 kg CO2e for Scope 2. Scope 3 emissions in 2023 amounted to approximately 337,195,000 kg CO2e, with purchased goods and services accounting for approximately 296,390,000 kg CO2e.

Tubacex is committed to reducing its environmental impact, having signed up to the Science Based Targets (SBT) initiative in December 2020. The company aims to reduce its greenhouse gas emissions by 60% by 2030, with a net-zero commitment by 2050. Specifically, Tubacex commits to reducing absolute Scope 1 and 2 GHG emissions by 64.32% by 2030 from a 2019 base year. They also commit to reducing Scope 3 GHG emissions by 55.40% per EUR value added within the same timeframe. Further targets include a 59% reduction in Scope 1 and 2 GHG emissions per ton of steel sold by 2030, and a 30% reduction in Scope 3 GHG emissions per ton of steel sold over the same period.