Tubacex SA 2021 AR2

The report highlights Tubacex's recovery in 2021, closing the year with an order backlog of over ’500 million despite facing challenges from the COVID-19 pandemic and labor disputes. The company completed a global restructuring plan, achieving recurring annual cost savings of over ’35 million. On the environmental front, Tubacex committed to the Science Based Targets initiative (SBTi) with validated targets to reduce Scope 1 and 2 emissions by 60% by 2030 and achieve net-zero by 2050. Additionally, the company participated in the CDP Climate assessment for the first time, receiving a 'B' score.

Company: Tubacex SA

Sector: Materials

Country: Spain

Year: 2021

Type: AR2

Pages: 347

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Tubacex SA

Tubacex SA 2021 Consolidated Financial Statements and Management Report

Consolidated Financial Statements And Management Report

The report highlights Tubacex's recovery in 2021, closing the year with an order backlog of over ’500 million despite facing challenges from the COVID-19 pandemic and labor disputes. The company completed a global restructuring plan, achieving recurring annual cost savings of over ’35 million. On the environmental front, Tubacex committed to the Science Based Targets initiative (SBTi) with validated targets to reduce Scope 1 and 2 emissions by 60% by 2030 and achieve net-zero by 2050. Additionally, the company participated in the CDP Climate assessment for the first time, receiving a 'B' score.

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Document Details

Report Year

2021

Reporting Period

Jan 1, 2021 - Dec 31, 2021

Fiscal Year

2021

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

Water Consumption

Total Waste

Women on Board

Women in Management

Net Zero Target

Employees