Tenaris SA 2023 SR
The report highlights Tenaris's record financial performance in 2023 and its significant progress in decarbonization, notably the operation of its first 100 MW wind farm in Argentina. The company achieved a 17% reduction in CO2 emissions intensity compared to its 2018 baseline and maintained a high recycled content of 79% in its steel production. Tenaris expanded its global footprint through the acquisition of Shawcor's pipe coating business and a controlling stake in Global Pipe Company. Despite these achievements, the company reported three workplace fatalities and is reinforcing preventive safety measures. Tenaris continues to innovate for the energy transition, developing products for hydrogen storage, carbon capture, and geothermal applications.
Company: Tenaris SA
Sector: Manufacturing
Country: Luxembourg
Year: 2023
Type: SR
Pages: 119
Tenaris SA
The report highlights Tenaris's record financial performance in 2023 and its significant progress in decarbonization, notably the operation of its first 100 MW wind farm in Argentina. The company achieved a 17% reduction in CO2 emissions intensity compared to its 2018 baseline and maintained a high recycled content of 79% in its steel production. Tenaris expanded its global footprint through the acquisition of Shawcor's pipe coating business and a controlling stake in Global Pipe Company. Despite these achievements, the company reported three workplace fatalities and is reinforcing preventive safety measures. Tenaris continues to innovate for the energy transition, developing products for hydrogen storage, carbon capture, and geothermal applications.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 22, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Employees