Tubacex, S.A. is a Spanish company that operates in the Pipe & Tubular sector. The company was founded in 1963 and has since become a leading global supplier of high-quality stainless steel tubes and pipes. Tubacex has a strong commitment to sustainability and has been actively working towards decarbonisation through various initiatives.

One of the key areas where Tubacex is focusing its efforts is in corporate energy. The company has been implementing various measures to reduce its energy consumption and increase efficiency. This includes investing in new technologies and equipment, as well as implementing energy management systems to monitor and control energy use.

Tubacex has also been actively pursuing renewable energy sources as part of its decarbonisation efforts. The company has invested in solar panels and wind turbines to generate clean energy for its operations. In addition, Tubacex has been exploring the use of corporate power purchase agreements (PPAs) to source renewable energy from external providers.

Corporate PPAs are contracts between a company and a renewable energy provider, where the company agrees to purchase a certain amount of clean energy at a fixed price over a set period. This allows companies like Tubacex to source renewable energy without having to invest in their own infrastructure. It also provides a stable and predictable source of energy, which can help to reduce costs and improve operational efficiency.

Tubacex has already signed several corporate PPAs with renewable energy providers. In 2020, the company signed a 10-year PPA with a wind farm in Spain, which will provide Tubacex with 50% of its electricity needs. This PPA will help to reduce the company's carbon footprint and support its decarbonisation efforts.

In addition to its focus on corporate energy and renewable energy, Tubacex is also committed to sustainability in other areas of its operations. The company has implemented a circular economy approach, where it seeks to reduce waste and reuse materials wherever possible. This includes recycling scrap metal and using recycled water in its operations.

Tubacex has also been working to reduce its carbon emissions through various initiatives. The company has set a target to reduce its carbon footprint by 30% by 2030, compared to its 2019 baseline. To achieve this, Tubacex is implementing measures such as energy efficiency improvements, the use of renewable energy, and the adoption of low-carbon technologies.

Overall, Tubacex is a company that is committed to sustainability and decarbonisation. Its focus on corporate energy, corporate PPAs, and renewable energy sources are all part of its efforts to reduce its carbon footprint and contribute to a more sustainable future. With its strong commitment to sustainability and its innovative approach to reducing its environmental impact, Tubacex is well-positioned to lead the way in the Pipe & Tubular sector.