Carbon Neutral

The goal of the Carbon Neutral plan is to become a carbon neutral company, reducing the consumption of electricity and fossil fuels, in order to reach net zero emissions in the next three decades.

To be carbon neutral

2030 and 2050

For Gonvarri Industries, being a carbon neutral company means being part of an important commitment in the fight against climate change, assuming a series of actions that promote and contribute to mitigating its impact.

Carbon Neutral is the project with which the company aspires to meet the demands of the current market and its stakeholders, especially those of its main customers, and to achieve the ultimate goal of “carbon neutral” by 2050 at the latest. To this end, it sets the following targets for 2030:

Reduce direct emissions by 50%.
100% of electricity consumption is from renewable sources

How are we going to achieve this?

For Gonvarri Industries, being a carbon neutral company implies being part of an important commitment in the fight against climate change, assuming a series of actions that promote and contribute to mitigating its impact. To achieve this, we have defined and approved the “Carbon Neutral 2030/50 Plan” and have incorporated it into the company’s decision-making, business strategy, management and performance.

In the steel and aluminium transformation processes we carry out at Gonvarri, electricity consumption and associated carbon emissions have a significant impact. The priority lines of action in this area are: energy efficiency, SFV self-consumption and the purchase of electricity from renewable sources. For example, from 2022, in factories in Spain, 100% of the electricity consumed will be of renewable origin thanks to a long-term purchase agreement.

In processes where fossil fuels are used, the lines defined to advance towards meeting the proposed objectives are: fuel substitution, energy saving measures, sustainable mobility based on electrification or the development of renewable hydrogen.