Gonvarri

Gonvarri's reported carbon emissions

Gonvarri, headquartered in Spain and operating in the basic iron and steel industry, has made significant commitments to reducing its environmental impact. For the year 2024, Gonvarri reported Scope 1 emissions of approximately 24,713,000 kg CO2e and Scope 2 emissions of approximately 23,308,000 kg CO2e. Their combined Scope 1 and 2 emissions for 2024 totalled approximately 48,021,000 kg CO2e. In 2023, the company's Scope 1 emissions were approximately 26,160,000 kg CO2e, with Scope 2 emissions at approximately 24,809,000 kg CO2e, leading to a total of approximately 50,969,000 kg CO2e for Scope 1 and 2. Looking back, Gonvarri's Scope 1 and 2 emissions for 2022 were approximately 73,597,000 kg CO2e. In 2021, these combined emissions stood at approximately 52,131,000 kg CO2e. For 2020, Scope 1 emissions were approximately 19,070,000 kg CO2e and Scope 2 emissions were approximately 34,471,000 kg CO2e, with an additional 1,818,000 kg CO2e from business travel and 25,609,000 kg CO2e from employee commutes (Scope 3). In 2019, Scope 1 emissions were approximately 18,882,000 kg CO2e, Scope 2 emissions were approximately 38,929,000 kg CO2e, and Scope 3 emissions were approximately 38,456,000 kg CO2e. In 2017, total emissions were approximately 54,143,000 kg CO2e, comprising Scope 1 at approximately 19,710,000 kg CO2e, Scope 2 at approximately 34,433,000 kg CO2e, and Scope 3 including approximately 3,910,000 kg CO2e from business travel and 12,138,000 kg CO2e from employee commutes. Gonvarri has established several key climate targets. The company aims to reduce its Scope 1 emissions by 50% by 2030, against a 2019 baseline. Furthermore, Gonvarri is working towards achieving 100% renewable electricity for its Scope 2 emissions by 2030. A broader goal, outlined in their Carbon Neutral Plan 2030-2050, is to transform Gonvarri Industries into a company with a climate-neutral impact by 2050. They also have a near-term target to reduce emissions from employee displacement by 20% by 2022. While Gonvarri has not explicitly stated Scope 3 reduction targets beyond specific categories like business travel and employee commute, their overall climate strategy indicates a commitment to science-aligned progress, including a target on green steel purchases. The company's data is not cascaded from a parent organisation, and it does not appear to be part of any formal SBTi commitments.