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Tenaris, a leading global manufacturer in the secondary steel industry, is headquartered in Luxembourg (LU). Founded in 2002, the company has established itself as a key player in the re-processing of secondary steel into new steel products, serving various sectors including energy and construction. With operations spanning across Europe, the Americas, and Asia, Tenaris is renowned for its innovative approach to steel treatment and recycling.
The company offers a diverse range of core products, including seamless steel pipes and tubular solutions, distinguished by their high quality and sustainability. Tenaris's commitment to environmental responsibility and advanced technology positions it as a market leader, recognised for its significant contributions to the circular economy. With a strong focus on research and development, Tenaris continues to achieve notable milestones, reinforcing its status as a trusted partner in the global steel industry.
+64 vs industry average
Tenaris’s score of 93 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Steel Reprocessing has below-average carbon intensity
The Steel Reprocessing industry has reduced its overall emissions by 38% since 2018
Scope 3 accounts for ••• of total emissions.
Tenaris, headquartered in Luxembourg and operating in the secondary steel industry, reported its total greenhouse gas emissions for 2025 as about 6.9 billion kg CO2e. This includes Scope 1 emissions of approximately 1.9 billion kg CO2e and Scope 2 (market-based) emissions of about 800 million kg CO2e. Scope 3 emissions for 2025 were around 2.8 billion kg CO2e from purchased goods and services, 400 million kg CO2e from fuel and energy-related activities, 300 million kg CO2e from upstream transportation and distribution, and 600 million kg CO2e from downstream transportation and distribution.
Looking at previous years, Tenaris's total emissions were approximately 7.4 billion kg CO2e in 2024 and 7.9 billion kg CO2e in 2023.
Tenaris has established several climate commitments and reduction targets. The company aims to achieve carbon neutrality as soon as technology and market conditions allow, as part of a long-term objective. This includes a medium-term target to reduce the carbon emissions intensity rate of its tubular operations by 30% by 2030, compared to a 2018 baseline. This 30% reduction target encompasses Scope 1, Scope 2, and relevant Scope 3 emissions (specifically raw materials and intermill transportation).
Additionally, Tenaris is investing in reducing Scope 2 emissions intensity by utilising renewable energy at its facilities globally.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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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