- It is in the leadership band in the Climate Change 2022 Score Report drawn up by the Carbon Disclosure Project (CDP).
- The TUBACEX score of “A-” is above the European average of “B” and the average for the sector, which obtained a “C”.
Llodio, February 1, 2023. TUBACEX has reached a leading position in the world’s most prestigious climate change index drawn up by the Carbon Disclosure Project (CDP), having obtained a score of “A-” for its environmental disclosure, awareness, management and leadership. The score obtained by TUBACEX is above the European average of “B” and the average for the sector, which stands at “C”.
This score highlights its environmental sustainability strategy, the different actions in terms of energy efficiency or its climate risk management model, among others. According to its CEO, Jesús Esmorís, “the participation of TUBACEX in this initiative, along with its global environmental sustainability plan demonstrates the company’s commitment to the environment and the fight against climate change”.
In recent years, TUBACEX has reinforced the Company with a clear intention of becoming a key player in energy transition and the promotion of a decarbonized model. In December 2020, it signed the Science Based Targets Initiative (SBTi) commitment letter with an ambition level of 1.5º and a Net Zero commitment by 2050. In 2021, the company participated in CDP Climate for the first time, obtaining a score of “B”. This Climate Change Index by the Carbon Disclosure Project, a non-profit organization, has become the worldwide benchmark in disclosure processes and methodology related to climate change and companies.
The company will continue to work on its climate roadmap to reduce its greenhouse gas emissions (areas 1 and 2) by 60% by 2030, boost renewable sources of energy, more efficient waste management or its commitment within the supply chain.
About TUBACEX
TUBACEX is a world leader in sophisticated industrial products and high value-added services for the energy and mobility sectors. With offices in Álava, TUBACEX has production plants in thirteen companies (Spain, Austria, Italy, USA, India, Thailand, Saudi Arabia, Dubai, Norway, Canada, Singapore, Guyana and Kazakhstan) on four continents, and service centers and sales offices worldwide. TUBACEX is an expert in maximum-efficiency applications for the Oil & Gas and energy generation sectors and other industrial applications. The TUBACEX commitment to emission reduction has been validated by the Science Based Targets (SBT); TUBACEX has also been listed by other reputable rating agencies, including the CDP, and the Ecovadis and S&P sustainability ratings.
TUBACEX has been listed on the Spanish Stock Market since 1970 and is part of the IBEX SMALL CAPS Index: www.TUBACEX.com