Environment
Tubacex is aware of the nature of its activity and the associated environmental impact, mainly in the area of emissions and waste generation. Therefore, it has devised a roadmap to mitigate its environmental impact with actions that directly lead to more efficient and responsible management. This is a public commitment aligned with the Paris Agreement, aiming to be carbon-neutral by 2050. In 2022, Tubacex incorporated its environmental strategy within the framework of its sustainability strategy, becoming one of its main pillars. Thus, it maintains its priorities in terms of decarbonizing its industrial processes, promoting waste management and recycling, and driving suppliers in ESG matters, with specific actions and goals.
Advancing towards neutrality and enhancing the circularity of the business
Reducing its environmental footprint, being an active agent in decarbonization, efficiency, and circularity. One notable fact is that TUBACEX is part of the world’s most prestigious climate change index of the Carbon Disclosure Project (CDP). Additionally, its sustainability and environmental policies are backed by other prominent ESG certification bodies, such as Science Based Targets (SBT) commitments for emission reduction and S&P sustainability standards. Tubacex has also strongly promoted public commitment to waste reduction, initiating the process of recovering all the scrap generated in the steel mill. This process is carried out at a recovery plant in Europe, specialized in treating products from the stainless steel industry. The commitments for 2030 in this area are:
- 64% reduction (scope 1 and 2) by 2030 and 55% Scope 3.
- 40% green energy by 2030.
- Net Zero by 2050.
- 95% of waste recycled by 2030.
- 100% of suppliers evaluated in ESG.
Contributing to the Development of Innovative Solutions for the Energy Transition
Tubacex participates in innovative initiatives that lead the energy transition, leveraging its technological capacity to serve its clients and business diversification. The commitments for 2030 in this area are:
- Achieve 50 million in revenue from new energy sources by 2025.
- Dedicate between 1-2% of sales to R&D by 2025
Read our policies for more information.
We are global
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