Tenova S.p.A. and its fully consolidated subsidiaries operating within the framework of the Tenova metals business

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022

In its 2022 reporting, Tenova S.p.A. and its fully consolidated subsidiaries operating within the framework of the Tenova metals business disclosed greenhouse gas emissions of 278.9 tCO2eq (Scope 1); 1,676.6 tCO2eq (Scope 2, market-based). By scope: Scope 1: 278.9 tCO2eq; Scope 2: 1.7K tCO2eq. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

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GHG Emissions
278.9 tCO2eq (Scope 1); 1,676.6 tCO2eq (Scope 2, market-based)
2022
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Water Usage
32.1K Megaliters
2022
♻️
Waste
241.7 tons
2022
⚙️
Energy Use
29.5K GJ
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).278.9 tCO2eq
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.7K tCO2eq

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduction of Scope 2 emissions (market-based) of 450 tCO2e by 2024 (26% reduction from 2022 baseline)

🌱 ESG Focus Areas

Energy transitionHealth and safetyBusiness ethics, anti-corruption, and complianceEnergy efficient technologiesProduct safety and qualityTransparency and reportingEnvironmental impact of products and servicesEmployee well-beingResponsible procurementCircular economyEmployee hiring and retentionHuman rightsClimate impact of operationsEmployee benefits and compensationC-level accountability for ESG issuesWaste disposal and recyclingEmployee training and developmentSustainable behavior promotionSustainable innovation and R&DDiversity, inclusion, and equal opportunitySustainability advocacyDigital transformation of processes

⚠️ Challenges & Risks +

  • Raw materials supply chain shortages and geopolitical tensions affecting natural gas availability make the transition to natural gas-based and hydrogen-based iron reduction challenging.
  • Decreasing quality of world steel scrap.

📋 Report Information

Reporting Period: 2022
Frameworks: GRI Standards (2021)