We understand sustainability as a model of responsible management and a commitment to ethics, transparency, fairness and collaboration with our stakeholders regardless of where we operate.
Our business involves the manufacturing, processing, and commercialization of steel products and metals related to the steel industry, with a strong emphasis on sustainable and profitable growth.
We strive to grow as a solid and responsible company, aligned with the Sustainable Development Goals and human rights, adhering to the highest standards of quality, environment, and safety, with the aim of strengthening relationships with our stakeholders. Through the Sustainability Policy, we establish a global reference framework that encompasses our main commitments.
Based on our values of Honesty, Humility, Tenacity, and Hard Work, Gonvarri Industries has had a real Integrated Management Policy for years that effectively guides our daily performance.
The Sustainability Report 2024 has been made in accordance with the information and indicators established in the reference guidebook ¨GRI Standards¨, core option, and the relevant factors that derive from our Materiality Study, as an integral part of our Management Model ¨Drive¨ and our commitment to the Sustainable Development Goals.
Gonvarri Industries performs the independent external verification with the company EY.
Gonvarri Industries presents its Executive Summary 2024 in electronic format, where it offers in a synthesized and visual way the main magnitudes of the company in 2024. The use of digital resources responds to the corporate commitment to Sustainability and Climate Change, and its commitment to digitalization.
Energy consumption
Scope 1 and 2 emissions
Electricity consumption is from renewable sources
Emissions intensity at plant
Sustainable growth is the best way to fulfill our mission and meet the expectations of our stakeholders.
Gonvarri’s Positioning
We seek to support our partners to accelerate their decarbonization transformation and make their sustainability progress visible.
What is so-called Green Steel?
Green steel is steel produced using methods that significantly reduce carbon emissions compared to traditional steel production, often incorporating renewable energy sources and innovative technologies.
What technologies are required?
Sustainable methods include the use of natural gas in the first instance and hydrogen thereafter instead of coal in the reduction process, electric arc furnaces powered by renewable energy, recycling of steel scrap, and carbon capture and storage technologies.
How does green steel contribute to sustainability?
It reduces the carbon footprint of steel production, minimizes environmental pollution and promotes recycling.
For Gonvarri Industries, being a low-carbon company implies being part of an important commitment to climate change, assuming a series of actions that promote and contribute to mitigating our impact. We have therefore defined and approved the ‘Carbon Neutral Plan 2030/50’ and incorporated it into the company’s decision-making, business strategy, management and performance.
Our 2030 target, across all geographies and markets, is to:
Reduce emissions associated with fossil fuel consumption by 50% (base year 2022).
100% of the electricity consumed by the company to come from renewable sources.
Consult annually, through our public information reports, the monitoring of the evolution of the Carbon Neutral Plan.
Strategic Plan 2022-2024:
8% reduction in emissions Scope 1.
58% of electricity from renewable sources.
In 2024, the company has promoted 7 positive social impact projects at the corporate level, with more than 100,000 beneficiaries. The total investment in these projects amounted to 367,000 euros, with the collaboration of 7 counterparts.
Gonvarri Industries focuses its social action on improving the well-being of its employees by actively listening to their needs and investing in the local communities where it operates by improving living conditions, creating jobs, developing training programs for local workers and supporting community projects
We are committed to operating within the framework of a responsible supply chain that supports human rights compliance and is free of conflict minerals. Gonvarri Industries publishes its mandatory Conflict Minerals policy for all supplies that may be affected by conflict minerals.
Gonvarri Industries is committed to respecting and protecting human rights, through its Human Rights Policy, from a preventive approach in all the countries in which it operates as an integral part of its culture.
We are proud that, more than a simple declaration of intentions, these Policies are today a true contract with each and every one of our stakeholders, permeating our day-to-day work and thus becoming the cornerstone of our efforts towards Excellence.
Prolongación de Embajadores S/N
28053 Madrid, España
+34 913 791 900
info@gonvarri.com
© 2025 Gonvarri Industries
