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 53 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tubacex's reported carbon emissions
In 2023, Tubacex reported total carbon emissions of approximately 428,262,000 kg CO2e. This figure includes 48,432,000 kg CO2e from Scope 1 emissions, 14,731,000 kg CO2e from Scope 2, and a significant 365,098,870 kg CO2e from Scope 3 emissions. Compared to 2022, where total emissions were about 357,854,000 kg CO2e, this represents an increase in emissions, particularly in Scope 3. Tubacex has committed to ambitious climate targets, having signed the Science Based Targets initiative (SBTi) commitment letter in December 2020. The company aims to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 64.32% by 2030, using 2019 as the base year. Additionally, Tubacex plans to reduce Scope 3 emissions by 55.40% per EUR value added within the same timeframe. Furthermore, the company has set a long-term goal to achieve net-zero emissions by 2050, focusing on reducing energy and raw material consumption across all its facilities and business divisions. These commitments reflect Tubacex's dedication to addressing climate change and reducing its carbon footprint in line with industry standards.
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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 participating in some of the initiatives that 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.
