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 72% 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 2022, Tubacex reported total greenhouse gas (GHG) emissions of approximately 332,642,000 kg CO2e, which included Scope 1 emissions of about 54,811,000 kg CO2e, Scope 2 emissions of around 16,361,000 kg CO2e, and significant Scope 3 emissions totalling approximately 261,470,000 kg CO2e. The company has set ambitious climate commitments, having signed the Science Based Targets Initiative (SBTi) in December 2020, pledging to reduce its absolute Scope 1 and 2 GHG emissions by 64.32% by 2030 from a 2019 baseline. Additionally, Tubacex aims to reduce Scope 3 emissions by 55.40% per EUR value added within the same timeframe. For Scope 1 and 2 emissions, Tubacex has a specific target to achieve a 60% reduction by 2030, with a long-term goal of reaching net-zero emissions by 2050. This commitment encompasses all facilities and business divisions, focusing on reducing energy and raw material consumption. The company is actively working on its climate roadmap, which includes enhancing renewable energy use and improving waste management efficiency. Overall, Tubacex's climate strategy reflects a strong commitment to sustainability and aligns with global efforts to mitigate climate change, positioning the company as a leader in the electrical equipment and machinery sector.
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| 2018 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 53,589,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 34,598,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 526,560,000 | 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.
