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Tenaris SA
Tenaris's GHG Emissions Data Preview
In 2024, Tenaris completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Tenaris has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Tenaris’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Tenaris’s data sources below and access millions more through our Disclosure Search.
Insights into Tenaris's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofTenaris amounted to3,100,000metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Tenarisdecreased by 3.13%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Tenaris's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Tenaris's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Tenaris were 2,000,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Tenaris reduced its Scope 1 emissions over time?
Since 2019, Tenaris's Scope 1 emissions have increased by 11.11%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Tenaris's Scope 1 emissions decreased by 4.76%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Tenaris's Scope 2 emissions?
In 2024, Tenaris reported Scope 2 greenhouse gas (GHG) emissions of 900,000 tCOâ‚‚e using the market-based method and 1,100,000 tCOâ‚‚e using the location-based method.a
Has Tenaris reduced its Scope 2 emissions over time?
Compared to the previous year(2023), Tenaris's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Tenaris's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Tenaris use for Scope 2 reporting?
In 2024, Tenaris reported its Scope 2 emissions using the market-based method and using the location-based method.a
Tenaris's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Tenaris's Value Chain Emissions
In 2024, Tenaris reported 4,500,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Tenaris includes a breakdown across 4of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Tenaris's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Tenaris's Scope 3 emissions?
In 2024, Tenaris reported total Scope 3 emissions of 4,500,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Tenaris reduced its Scope 3 emissions over time?
Since 2019, Tenaris's Scope 3 emissionshave increased by 95.65%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Tenaris's Scope 3 emissions remained relatively stable, indicating that Tenaris's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Tenaris disclose?
In 2024, Tenaris reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Tenaris's Scope 3 emissions?
In 2024, the largest contributors to Tenaris's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 3,200,000 tCOâ‚‚e(71.11%)
- Downstream Transportation and Distribution (Cat. 9): 800,000 tCOâ‚‚e(17.78%)
- Fuel- and Energy-Related Services (Cat. 3): 400,000 tCOâ‚‚e(8.89%)
Tenaris's Scope 3 Emissions by Categories
Insights into Tenaris’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Tenaris reported Scope 1 greenhouse gas (GHG) emissions of 2,000,000 tCOâ‚‚e and total revenues of USD 10,717 millions. This translates into an emissions intensity of 186.62 tCOâ‚‚e per millions USD.a
Tenaris's Scope 1 Emissions Intensity Compared to Peers
How does Tenaris's GHG emissions intensity compare to its peers?
In 2024, Tenaris reported a Scope 1 emissions intensity of 186.62 tCOâ‚‚e per millions USD. Compared to the peer group median of 15.28, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Tenaris rank on GHG emissions intensity within its industry?
In 2024, Tenaris ranked 24 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Tenaris among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Tenaris's Total Carbon Footprint
In 2024, Tenaris reported a total carbon footprint of 7,600,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Tenaris's total carbon footprint was Scope 3 emissions, accounting for 59.21% of the company's total carbon footprint, followed by Scope 1 emissions at 26.32%.a