Acerinox
Acerinox, officially known as Acerinox S.A., is a leading global player in the stainless steel industry, headquartered in Spain. Established in 1970, the company has grown to become a prominent manufacturer with significant operations across Europe, North America, and Asia. Specialising in the production of high-quality stainless steel products, Acerinox offers a diverse range of solutions, including flat and long products, which are renowned for their durability and corrosion resistance. The company’s commitment to innovation and sustainability sets it apart in a competitive market. With a strong market position, Acerinox has achieved notable milestones, including advancements in production technology and a robust export strategy. Its dedication to quality and customer satisfaction has solidified its reputation as a trusted supplier in the stainless steel sector.
DitchCarbon Score
How does Acerinox's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Iron and Steel Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Acerinox's score of 42 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Acerinox's reported carbon emissions
In 2023, Acerinox reported total carbon emissions of approximately 4,000,000,000 kg CO2e, comprising 778,994,000 kg CO2e from Scope 1, 1,483,902,000 kg CO2e from Scope 2, and 3,521,612,000 kg CO2e from Scope 3 emissions. This marked a significant increase in emissions compared to previous years, with 2022 emissions recorded at about 2,751,420,000 kg CO2e and 2021 at approximately 3,180,770,000 kg CO2e. Acerinox has committed to achieving net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi). The company has set long-term targets that encompass all scopes of emissions, although specific reduction percentages have not been disclosed. Their commitment to net-zero reflects a proactive approach to addressing climate change within the mining and metals sector. The emissions intensity for total stainless high-performance alloys (HPAs) was reported at 1,090 kg CO2e per metric ton in 2023, indicating a focus on improving efficiency and reducing the carbon footprint of their production processes. As Acerinox continues to navigate the challenges of emissions reduction, their long-term climate commitments position them as a responsible player in the industry.
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| 2018 | 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 828,624,000,000 | 000,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,726,552,000,000 | 000,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Acerinox is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
