Corinth Pipeworks Sustainability Profile
Corinth Pipeworks, a leading manufacturer in the steel pipe industry, is headquartered in Greece (GR) and operates extensively across Europe and the Mediterranean region. Founded in 1969, the company has established itself as a key player in the production of high-quality steel pipes and fittings, primarily serving the energy and construction sectors. With a focus on innovative solutions, Corinth Pipeworks offers a diverse range of products, including line pipes, structural pipes, and special coatings, which are designed to meet the rigorous demands of modern infrastructure projects. The company is recognised for its commitment to sustainability and advanced manufacturing techniques, positioning itself as a trusted partner in the market. Notable achievements include significant contributions to major energy projects, reinforcing its reputation as a reliable supplier in the industry.
DitchCarbon Score
How does Corinth Pipeworks'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
Corinth Pipeworks's score of 27 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Corinth Pipeworks's reported carbon emissions
In 2023, Corinth Pipeworks reported total carbon emissions of approximately 897,848,000 kg CO2e. This figure includes 42,434,000 kg CO2e from Scope 1 emissions, 36,929,000 kg CO2e from Scope 2 emissions (market-based), and a significant 818,485,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily driven by purchased goods and services, which account for about 703,078,000 kg CO2e. Comparatively, in 2022, the total emissions were approximately 1,020,127,000 kg CO2e, indicating a reduction of about 122,279,000 kg CO2e year-on-year. The breakdown for 2022 included 45,771,000 kg CO2e from Scope 1, 49,907,000 kg CO2e from Scope 2 (market-based), and 924,449,000 kg CO2e from Scope 3. Despite these reductions, Corinth Pipeworks has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or SBTi targets. The emissions data is cascaded from its parent company, Cenergy Holdings SA, reflecting the broader corporate family’s performance. Overall, Corinth Pipeworks is actively monitoring its carbon footprint, with a notable decrease in emissions over the past year, but it currently lacks formal commitments to further reduce its carbon emissions in the future.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 3,251,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 19,887,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Corinth Pipeworks's Industry?
How Carbon Intensive is Corinth Pipeworks's Location?
Corinth Pipeworks's Scope 3 Categories Breakdown
Corinth Pipeworks's Scope 3 emissions, which decreased by 11% last year and decreased by approximately 8% since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 86% of Scope 3 emissions.
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Corinth Pipeworks's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Corinth Pipeworks has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
