Environment
Our Path Towards Sustainability
At Sidenor, we are convinced that the environment is a critical factor in the development of our activities, both due to our responsibility towards our surroundings and because it is an element that is redefining market rules.
Sustainable Future
Looking to the future, we see that it is not enough to guarantee good environmental performance in our activities. It is necessary to complement it with a life cycle analysis approach, focusing our efforts on the development of increasingly sustainable products.
Firm Commitment
As a sign of this commitment, in March 2021, Sidenor took a step forward by adopting an environmental stance with specific objectives and work plans, associated with two pillars: the fight against climate change and the commitment to circular economy.
Strategic Environmental Objectives
We are taking another step forward in our commitment to sustainable development and the environment. These are our climate change and circular economy goals:
We are moving towards
decarbonization
Our objective
To reduce CO₂ emissions (Scope 1+2) by
61,5%
by 2033, taking 2021 as the base year
100%
renewable electricity consumption from 2025 onwards
65%
reduction in CO₂ emissions since 2005
We are committed to
circular economy
Our objective
To achieve a
95%
waste recovery rate by 2030
+15%
increase in the recovery rate since 2014
Removal of
1,5 M/t
to landfill avoided since 2014
Climate Change Objectives
Reducing our carbon footprint is one of the greatest challenges we face from a social and business perspective. In the coming years, the environmental performance of our products will be a key factor in our competitiveness to meet the demands of our customers and financial markets.
Base year for our SBTi greenhouse gas emission reduction commitment, based on absolute emissions of 152,455 tonnes of CO₂ in Scope 1, 152,203 tonnes of CO₂ in Scope 2, and 491,829 tonnes of CO₂ in Scope 3.
For 2033, our target is to reduce our absolute emissions by 61.5% compared to the 2021 base year in Scopes 1 and 2 and by 32.5% compared to the 2021 base year in Scope 3.
We commit to achieving climate neutrality by 2050.
Circular Economy Objectives
Our activity is an example of a circular business.
Steel is recycled indefinitely and returns to the process as our main raw material, scrap.
At Sidenor, we will approach circular economy from different areas of work and always from the perspective of analysing the life cycle of our products.
Sidenor endorses the commitment to addressing one of the main concerns of our surroundings environment: reducing waste disposed of in landfills.
We have chosen the annual percentage of recovered waste as the main indicator of our circular economy strategy.
2025
We are committed to achieving 90% waste recovery by 2025
2030
Our goal for 2030 is to achieve 95% recovery of the waste generated
Low-Emission Steels
Sidenor is one of the leading suppliers of special steels with a low carbon footprint.
At Sidenor, we eco-design based on Life Cycle Assessment (LCA) to reduce the environmental footprint of our products. We also offer our customers the option of purchasing Sustainable Steels and Carbon-Neutral Steels.
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100% renewable electrical energy, resulting in steel with low carbon emissions.
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EAF manufacturing route production. Steel manufactured from 100% recycled or recovered scrap.
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Ecodesign. Ad-hoc steel product design.
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100% renewable. Detailed PCF value.
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100% renewable electrical energy, resulting in steel with low carbon emissions.
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EAF manufacturing route production. Steel manufactured from 100% recycled or recovered scrap.
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We neutralize all remaining emissions, from cradle to gate.
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Ecodesign. Ad-hoc steel product design.
Climate Change
Climate Change
Circular Economy
Circular Economy
Sustainable Steel
Sustainable Steel
Management Systems
Management Systems