TUBACEX  will be added to the IBEX ESG, the stock market index that brings together companies most committed to environmental, social, and governance (ESG) criteria in Spain, starting on September 23. This inclusion, announced today by the IBEX Technical Advisory Committee, acknowledges the company’s progress toward sustainability and social responsibility, in line with its “Ambition 2030” sustainability strategy, which is part of its current NT2 strategic plan (New Tubacex in the New Energy Transition). 

The IBEX ESG, which will have 49 members after the addition of seven new companies, selects organizations that stand out for their transparency and commitment to sustainable practices. TUBACEX’s inclusion in this prestigious index, launched in October 2023, reflects the positive impact the company is making in key areas such as emission reduction, energy efficiency, and the circular economy. 

As part of its “Ambition 2030” plan, TUBACEX has set ambitious ESG-related goals, including: 

• A 60% reduction in emissions intensity and the use of 40% green energy. 

• 95% circularity in the waste generated by its operations. 

• Development of innovative solutions for the energy transition, with an investment of €50 million in new energy sources, and 80% of its R&D projects focused on transitioning to cleaner energy. 

• Caring for its employees and communities, with a 75% reduction in workplace accidents and a commitment to allocate 1% of its profits to social action. 

Furthermore, TUBACEX remains focused on transparency and best practices, linking executive remuneration to ESG objectives, promoting sustainable financing, and improving risk management. 

TUBACEX’s entry into the IBEX ESG reinforces its commitment to leading the shift toward a more sustainable future, aligned with global sustainable development goals and corporate social responsibility.