Tenaris SA 2024 AR2
The report highlights Tenaris S.A.'s performance in 2024, during which the company achieved net sales of $12.5 billion and net income of $2.1 billion. Tenaris made significant progress toward its decarbonization goals, achieving a 15% reduction in CO2-eq intensity from its revised 2018 baseline. The company expanded its renewable energy footprint by operating a 103.2 MW wind farm in Argentina, which supplied approximately 50% of the Campana facility's electricity, and initiated plans for a second wind farm. Additionally, Tenaris integrated the newly acquired pipe coating business from Mattr into its Tubes segment and invested $207 million in environmental and energy-saving projects.
Company: Tenaris SA
Sector: Energy
Country: Luxembourg
Year: 2024
Type: AR2
Pages: 361
Tenaris SA
Annual Report
The report highlights Tenaris S.A.'s performance in 2024, during which the company achieved net sales of $12.5 billion and net income of $2.1 billion. Tenaris made significant progress toward its decarbonization goals, achieving a 15% reduction in CO2-eq intensity from its revised 2018 baseline. The company expanded its renewable energy footprint by operating a 103.2 MW wind farm in Argentina, which supplied approximately 50% of the Campana facility's electricity, and initiated plans for a second wind farm. Additionally, Tenaris integrated the newly acquired pipe coating business from Mattr into its Tubes segment and invested $207 million in environmental and energy-saving projects.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
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