Tubacex Achieves A- Rating in CDP Assessment, Strengthening Leadership in Climate Action - Tubacex

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Tubacex has achieved an A- rating in the latest Carbon Disclosure Project (CDP) assessment, establishing itself as one of the world’s leading companies in transparency and climate action. This updated rating places Tubacex ahead of its competitors, reinforcing its commitment to sustainability and aligning with global decarbonization trends.

CDP is a global benchmark that continuously raises expectations for corporate climate action. While Tubacex acknowledges that the transition to net-zero is an ongoing process, this A- rating marks a key milestone, reaffirming its dedication to sustainability, innovation, and value creation for its stakeholders.

The result of the CDP assessment reflects the company’s strong sustainability commitment, as outlined in the Ambition 2030 project, a key initiative endorsed within the framework of the NT2 strategic plan. This plan reinforces Tubacex’s focus on decarbonization, energy efficiency, and the integration of sustainability criteria across all operations.

Tubacex’s sustainability achievements:

✔ Energy Efficiency: 67% reduction in energy intensity since 2019, optimizing resource use and improving operational efficiency.

✔ Emission Reductions: 55% decrease in absolute CO₂ emissions (Scope 1+2), solidifying progress toward climate neutrality.

✔ Fossil-Free Energy: 83% of the electricity consumed by Tubacex comes from fossil-free sources, exceeding industry standards.

✔ Sustainable Procurement: 88% of procurement volume assessed under ESG criteria, ensuring sustainability throughout the supply chain.

CDP is a global and dynamic benchmark that continuously raises expectations for corporate climate action. While Tubacex acknowledges that the transition to net-zero is an ongoing process, this A- rating represents a key milestone, reaffirming its commitment to sustainability, innovation, and value creation for its stakeholders.

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Pedro Garciandia Sesma