SUSTAINABILITY REPORT 2025
Carbon Neutral
Carbon Neutral Plan
Objectives
The Carbon Neutral Plan sets the objective for Gonvarri Industries to become a climate-neutral company by 2050. As an intermediate step, the Group has set targets for 2030 to reduce its emissions, aligned with the 1.5°C target of the Paris Agreement.
With 2022 as the base year and a global scope, the 2030 targets are:
- To reduce Scope 1 emissions by 50%.
- Ensure that 100% of purchased energy comes from renewable sources.
2022 was selected as the base year as it was the first post-pandemic financial year in which the Group fully resumed operations across all divisions and because complete, high-quality emissions inventories were available.
In 2025, the Group achieved an energy intensity of 57 kWh per tonne sold and an emissions intensity of 10.18 kg of CO₂ per tonne sold, as a result of the energy mix used in its operations.
Electricity accounts for 58% of total energy consumption — of which 61% is from renewable sources — whilst 42% comes from fuels. Since the base year, the Group has made progress in the electrification of its energy mix, increasing the share of electricity by five percentage points.
The Group’s strategy is based on three lines of action: improving process efficiency, increasing the use of renewable electricity, and advancing the electrification of processes currently based on fuels.
2025 performance in reducing emissions from own operations
In 2025, Gonvarri Industries has continued to make progress in reducing emissions associated with its factories, in line with the targets set out in the Carbon Neutral Plan.
Regarding Scope 1 emissions (including Gonvvama), the Group achieved a 4% reduction compared to 2024 and a 14% reduction compared to the 2022 baseline year, exceeding the Plan’s interim target for 2025, set at a 12% reduction.
As for Scope 2 emissions (including Gonvvama), 61% of the electricity consumed in 2025 was from renewable sources and 29% of the heat and steam was from renewable sources, resulting in total emissions of 29,994 tCO₂e. This performance reinforces progress towards the Carbon Neutral Plan’s target
of achieving net-zero Scope 2 emissions by 2030.
Steel. Raw material emissions.
The Carbon Neutral Plan does not focus solely on reducing emissions from the Group’s own operations, but also addresses the impact associated with the materials processed by Gonvarri Industries, particularly steel.
Steel is the main source of emissions throughout the Group’s value chain and is therefore a key area for action from a climate perspective. In this context, Gonvarri Industries is developing internal capabilities and working with its supply chain to move towards the use of materials with a lower carbon footprint.
The Group is cautiously exploring the possibility of setting a specific target regarding emissions associated with steel, the formalisation of which will depend on market developments and the availability of reliable information from suppliers.
As part of this approach, the Group is strengthening the generation of reliable and comparable environmental information on steel products, with Environmental Product Declarations (EPDs) being one of the main lines of work in this area.
Environmental Product Declarations (EPDs) and Eco-labelling
In 2025, Gonvarri Industries has made progress in the eco-labelling of low-emission steel solutions by preparing Environmental Product Declarations (EPDs) in accordance with ISO 14025 and the PCRs based on EN 15804+A2, ensuring a consistent, transparent and verified calculation of environmental impacts throughout the life cycle.
The first EPDs have been developed at Gonvarri Barcelona, for galvanised coils, and at Gonvarri Asturias, for crash barriers and road safety terminals.
The environmental performance of these products is underpinned by the purchase of low-emission steel,
the use of 100% renewable electricity (Scope 2 neutrality in the Iberian Peninsula from 2022), the application of circular economy principles in pickling and galvanising processes, and the optimisation of logistics and local sourcing to reduce transport-related emissions.