Gonvarri, officially known as Gonvarri Industries, is a prominent player in the basic iron and steel industry, specialising in ferro-alloys and their first products. Headquartered in Spain, the company operates extensively across Europe and Latin America, providing innovative solutions in the steel sector since its founding in 2000.
With a focus on high-quality steel products, Gonvarri is renowned for its commitment to sustainability and advanced manufacturing processes. The company’s core offerings include steel processing, logistics, and the production of tailored steel solutions, which set it apart in a competitive market.
Gonvarri has achieved significant milestones, establishing itself as a leader in the industry through strategic partnerships and a robust supply chain. Its dedication to quality and innovation has solidified its market position, making it a trusted name in the steel and ferro-alloy sectors.
+24 vs industry average
Gonvarri’s score of 40 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Iron and Steel Production is among the most carbon-intensive industries
Industry performance
The Iron and Steel Production industry has reduced its overall emissions by 27% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Gonvarri's reported carbon emissions
Gonvarri, headquartered in Spain and operating in the basic iron and steel industry, has been reporting its carbon emissions and outlining climate commitments. **Emissions Data:** For the reporting year 2024, Gonvarri reported Scope 1 emissions totalling approximately 24,713,000 kg CO2e and Scope 2 emissions of approximately 23,308,000 kg CO2e. This represents a combined Scope 1 and 2 total of approximately 48,021,000 kg CO2e. In 2023, Gonvarri'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 Scope 1 and 2 total of approximately 50,969,000 kg CO2e. The company's Scope 1 and 2 emissions for 2022 amounted to approximately 73,597,000 kg CO2e, comprising Scope 1 emissions of approximately 27,388,000 kg CO2e and Scope 2 emissions of approximately 46,209,000 kg CO2e. In 2021, Gonvarri reported Scope 1 emissions of approximately 22,095,000 kg CO2e and Scope 2 emissions of approximately 30,036,000 kg CO2e, for a combined total of approximately 52,131,000 kg CO2e. For the year 2020, Gonvarri disclosed Scope 1 emissions of approximately 19,070,000 kg CO2e and Scope 2 emissions of approximately 34,471,000 kg CO2e. Scope 3 emissions for 2020 included business travel (approximately 1,818,000 kg CO2e) and employee commute (approximately 25,609,000 kg CO2e). The total for Scope 1 and 2 in 2020 was approximately 53,540,000 kg CO2e. In 2019, Gonvarri reported Scope 1 emissions of approximately 18,882,000 kg CO2e and Scope 2 emissions of approximately 38,929,000 kg CO2e. Scope 3 emissions for 2019 totalled approximately 38,456,000 kg CO2e, with business travel accounting for approximately 4,499,000 kg CO2e. For 2017, total reported emissions were approximately 54,143,000 kg CO2e, with Scope 1 emissions at approximately 19,710,000 kg CO2e, Scope 2 emissions at approximately 34,433,000 kg CO2e, and Scope 3 emissions including business travel (approximately 3,910,000 kg CO2e) and employee commute (approximately 12,138,000 kg CO2e). It is important to note that Scope 3 emissions, specifically purchased goods and services, are listed as missing data points for multiple reporting years. **Climate Commitments and Reduction Targets:** Gonvarri has established several climate targets: * **Scope 1 Emissions:** The company aims to reduce Scope 1 emissions by 50% by 2030, using 2019 as a baseline. * **Scope 2 Emissions:** Gonvarri's "Plan Carbon Neutral 2030/2050" includes the objective of achieving zero Scope 2 emissions by 2030. Additionally, there is a near-term target to achieve 100% renewable electricity by 2030. * **Overall Climate Impact:** Gonvarri's "Plan Carbon Neutral 2030-50" outlines the ambition to become a climate-neutral company by 2050. * **Past Targets:** A previous target aimed to reduce emissions derived from employee displacement by 20% by 2022. Gonvarri's climate initiatives and emission data are presented as self-reported and not cascaded from a parent organisation.
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Gonvarri’s Climate Goals (2030 & 2050)
5 goals2030
50% reduction in all scopes
Scope 1: Reduce by 50% by 2030. Scope 2: Achieve 100% renewable electricity by 2030. Scope 3 target on green steel purchases, aligned with s…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
2 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Gonvarri’s sustainability data and climate commitments
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