Acerinox reaffirms its commitment to the circular economy and the fight against climate change

Thanks to ongoing investments and continuous improvements, Acerinox has reduced emissions equivalent to 46,000 cars circulating for a year, energy consumption equivalent to 250,000 households and water use equivalent to the capacity of 6,200 Olympic swimming pools

Sustainability is one of the core principles in the performance of the Acerinox Group’s activities, not only as a company but also due to its products, since stainless steel is a model of the circular economy as it fulfils the four “R”s (Reduce, Reuse, Re-manufacture and Recycle). In this regard, it is worth noting that according to the European Steel Association, Acerinox’s plant in Spain is one of the largest scrap recycling centres in Europe.

Acerinox minimises the environmental impact by increasing efficiency, which also leads to a reduction in consumption of material resources and an increase in profitability, and contributes to the well-being of society by providing essential materials to strategic and essential industries such as healthcare, food and energy, among others.

The Group requires all its production centres around the world to comply with environmental standards and regulations that go beyond local legislation, thus helping to alleviate a global problem such as climate change.

For each tonne produced, Acerinox emits 30% less CO2 than the sector’s average, according to the International Stainless Steel Forum (ISSF). Thus, with its stainless steel production, the company reduces emissions equivalent to those that would be generated by 46,000 conventional cars circulating for an entire year (according to our 2019 production volume).

Continuous improvement in energy consumption and efficiency has enabled us to save energy (electricity, natural gas, diesel, etc.) equivalent to the average consumption of almost 250,000 homes in Spain (according to 2019 production). Moreover, we are working together with electricity companies to further improve efficiency in this connection.

Similarly, we are able to reduce water consumption (both in total and per tonne produced) returning it to the natural environment in the same or better conditions in which it was obtained. In this connection, and taking into account 2019 annual production, we use the equivalent of 6,200 Olympic swimming pools less than the sector average in our processes.