Climate Change
Sidenor, aware of the need to change, has integrated decarbonization and circular economy in its company strategy as the main axes to ensure its competitiveness.
- Continuous improvement of our products and processes, under the criteria of energy efficiency, decarbonization and process circularity.
- Analysis of environment risks and opportunities of the new climate change tendencies, policies and strategies:
- Reaching all stakeholders according to the principles of collaboration and transparency
- Developing plans in order to anticipate, adapt and diversify
- Governance: assignment of resources and responsibilities
- Meeting the expectations of our customers, designing and supplying steels with an increasingly lower environmental footprint.
Consistent with this commitment, Sidenor published its greenhouse gas emission objectives in 2021:
55%
REDUCTION BY 2025
Reduction by 55% in our absolute emissions within SCOPES I and II (taking 2005 as a basis).
60%
REDUCTION BY 2030
Our target for 2030 is to reduce our absolute emissions within SCOPES I and II (taking 2005 as a basis) by 60%, as an intermediate step towards climate neutrality.
CLIMATE NEUTRALITY
BY 2050
Decarbonization Strategy
In order to reach these milestones, Sidenor has a roadmap which includes the main work lines to develop over the coming years.
Plans against Climate Change
Climate change actions are defined during the first quarter of each year and in collaboration with the production areas.
A quarterly follow-up committee has been created in order to assess the execution level of action plans as well as the performance of indicators and to share best practices.
Projects and Collaborations
Sidenor works with the entire value chain in order to design and develop increasingly sustainable and environmentally friendly technologies, processes and products.
TRACEX
Sidenor participates in the TRACEX project, which aims at developing an advanced digital platform that provides functionalities in order to increase traceability and material resource efficiency along the value chain, reduce the costs linked to logistics and improve the exchange of information between involved actors, so as to optimise the different operations in the value chain.
CORALIS
This project aims at generating real experiences regarding the deployment of industrial symbiosis solutions in order to overcome the obstacles these initiatives are facing.
Three factors will be assessed: technical, management and economic. Based on the results observed in one of the industrial sites, Sidenor will perform a detailed evaluation of the technical and economic viability of a residual heat recovery and storage system applied to the industrial area of Basauri, with the aim to promote successful business models for steam supply among surrounding industries.
HORDAGO
In 2020, Sidenor led the HORDAGO project, whose main objective is to develop smart gas industrial furnaces that are connected with 4.0 industrial processes in order to optimize their availability as well as operational and energy performance.
RE4INDUSTRY
This project helps energy-intensive industries in the identification and integration of renewable energy solutions as well as in the definition of action plans in favour of decarbonisation.
It intends to transform the EU industrial landscape into a large market niche for the adoption of renewable energies while defining adequate framework conditions for short and long-term scenarios.