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Ternium Releases Sustainability Report 2023 and Announces Updated Decarbonization Target

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Ternium S.A. (NYSE:TX) has released its Sustainability Report 2023, detailing the company's strategy, performance, risks, and governance across various sustainability topics. The report follows international standards set by the GRI, SASB, World Steel Association, and TCFD guidelines, while also aligning with the UN's Sustainable Development Goals.

A key highlight is Ternium's revised decarbonization target, which now includes:

  • Incorporation of Scope 3 emissions
  • Expanded boundary to include the hot-rolling process
  • Adoption of the GHG Protocol methodology

The new target aims for a 15% reduction in emission intensity for hot-rolled steel by 2030, compared to a 2023 baseline, covering Scope 1, 2, and Scope 3 Categories 1 and 10. This update reflects Ternium's commitment to long-term sustainability and integrity in its operations.

Ternium S.A. (NYSE:TX) ha pubblicato il suo Rapporto di Sostenibilità 2023, che illustra la strategia, le performance, i rischi e la governance dell'azienda su vari temi di sostenibilità. Il rapporto segue gli standard internazionali stabiliti dal GRI, SASB, dall'Associazione Mondiale dell'Acciaio e dalle linee guida TCFD, allineandosi anche con gli Obiettivi di Sviluppo Sostenibile delle Nazioni Unite.

Un punto saliente è il nuovo obiettivo di decarbonizzazione di Ternium, che ora include:

  • Incorporazione delle emissioni di Scopo 3
  • Ampliamento del campo di applicazione per includere il processo di laminazione a caldo
  • Adopzione della metodologia del Protocollo GHG

Il nuovo obiettivo prevede una riduzione del 15% dell'intensità delle emissioni per l'acciaio laminato a caldo entro il 2030, rispetto a una base del 2023, coprendo le categorie di Scopo 1, 2 e 3, Categorie 1 e 10. Questo aggiornamento riflette l'impegno a lungo termine di Ternium per la sostenibilità e l'integrità delle sue operazioni.

Ternium S.A. (NYSE:TX) ha publicado su Informe de Sostenibilidad 2023, que detalla la estrategia, el desempeño, los riesgos y la gobernanza de la empresa en varios temas de sostenibilidad. El informe sigue los estándares internacionales establecidos por el GRI, SASB, la Asociación Mundial del Acero y las directrices del TCFD, al mismo tiempo que se alinea con los Objetivos de Desarrollo Sostenible de la ONU.

Un aspecto destacado es el nuevo objetivo de descarbonización de Ternium, que ahora incluye:

  • Incorporación de las emisiones de Alcance 3
  • Ampliación del límite para incluir el proceso de laminado en caliente
  • Adopción de la metodología del Protocolo GHG

El nuevo objetivo busca una reducción del 15% en la intensidad de emisiones para el acero laminado en caliente para 2030, en comparación con una línea base de 2023, abarcando Alcance 1, 2 y Alcance 3, Categorías 1 y 10. Esta actualización refleja el compromiso a largo plazo de Ternium con la sostenibilidad y la integridad en sus operaciones.

Ternium S.A. (NYSE:TX)가 2023 지속 가능성 보고서를 발표했습니다. 이 보고서는 다양한 지속 가능성 주제에 대한 회사의 전략, 성과, 위험 및 거버넌스를 상세히 설명합니다. 이 보고서는 GRI, SASB, 세계 철강 협회 및 TCFD 지침에서 설정한 국제 기준을 따르며, 유엔의 지속 가능한 개발 목표와도 일치합니다.

주요 하이라이트 중 하나는 Ternium의 개정된 탈탄소 목표입니다. 이 목표는 이제 다음을 포함합니다:

  • 범위 3 배출량 포함
  • 열간 압연 공정을 포함하도록 경계 확대
  • GHG 프로토콜 방법론 채택

이 새로운 목표는 2023 기준에 비해 2030년까지 열간 압연 강철의 배출 강도 15% 감소를 목표로 하며, 범위 1, 2 및 범위 3 카테고리 1과 10을 포함합니다. 이번 업데이트는 Ternium의 장기적인 지속 가능성과 운영 무결성에 대한 의지를 반영합니다.

Ternium S.A. (NYSE:TX) a publié son Rapport de Durabilité 2023, détaillant la stratégie, la performance, les risques et la gouvernance de l'entreprise sur divers sujets de durabilité. Le rapport suit les normes internationales établies par le GRI, le SASB, l'Association Mondiale de l'Acier et les directives du TCFD, tout en s'alignant également sur les Objectifs de Développement Durable des Nations Unies.

Un point clé est le nouvel objectif de décarbonisation de Ternium, qui inclut désormais :

  • Incorporation des émissions de Scope 3
  • Élargissement du périmètre pour inclure le processus de laminage à chaud
  • Adoption de la méthodologie du Protocole GES

Le nouvel objectif vise une réduction de 15 % de l'intensité des émissions pour l'acier laminé à chaud d'ici 2030, par rapport à une base de 2023, couvrant les Scopes 1, 2 et Scope 3, Catégories 1 et 10. Cette mise à jour reflète l'engagement à long terme de Ternium en faveur de la durabilité et de l'intégrité dans ses opérations.

Ternium S.A. (NYSE:TX) hat seinen Nachhaltigkeitsbericht 2023 veröffentlicht, der die Strategie, Leistung, Risiken und Governance des Unternehmens zu verschiedenen Nachhaltigkeitsthemen beschreibt. Der Bericht folgt den internationalen Standards des GRI, SASB, der World Steel Association und den TCFD-Richtlinien und steht auch im Einklang mit den Zielen für nachhaltige Entwicklung der UN.

Ein zentrales Highlight ist Terniums überarbeitete Dekarbonisierungsziel, das jetzt Folgendes umfasst:

  • Einbeziehung der Scope 3-Emissionen
  • Erweiterung des Umfangs zur Einbeziehung des Warmwalzprozesses
  • Anwendung der GHG-Protokollmethodologie

Das neue Ziel strebt eine 15%ige Reduzierung der Emissionsintensität für warmgewalzten Stahl bis 2030 im Vergleich zu einer Basislinie von 2023 an und umfasst die Bereich 1, 2 und die Bereiche 3, Kategorien 1 und 10. Dieses Update spiegelt Terniums Engagement für langfristige Nachhaltigkeit und Integrität in seinen Betrieben wider.

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LUXEMBOURG / ACCESSWIRE / September 26, 2024 / Ternium S.A. (NYSE:TX) today released its Sustainability Report 2023. The report outlines Ternium's strategy, performance, risks, and governance across various sustainability topics, including Climate Change, Environment, People, Communities, and the Value Chain. It also emphasizes that integrity is crucial to Ternium's long-term sustainability.

Ternium's Sustainability Report has been prepared following the international standards set by the GRI (Global Reporting Initiative) and the SASB (Sustainability Accounting Standards Board) for Iron & Steel Producers, as well as the guidelines from the World Steel Association. It also aligns with the recommendations of the TCFD (Task Force on Climate-related Financial Disclosures) for climate change reporting and describes the company's contributions to the UN's Sustainable Development Goals.

The report introduces a revised decarbonization target, which features several changes to the target originally announced in 2021. These are the incorporation of Scope 3 emissions, primarily from raw material and semi-finished steel purchases from third parties; an expanded boundary that now includes the hot-rolling process to better reflect the company's industrial configuration; and the adoption of the GHG Protocol methodology. The new target is a 15% reduction in emission intensity for hot-rolled steel by 2030, compared to a 2023 baseline, covering Scope 1, 2, and Scope 3 Categories 1 and 10.

The report is available at www.ternium.com.

About Ternium

Ternium is a leading steel producer in the Americas, providing advanced steel products to a wide range of manufacturing industries and the construction sector. We invest in low carbon emissions steelmaking technologies to support the energy transition and the mobility of the future. We also support the development of our communities, especially through educational programs in Latin America. More information about Ternium is available at www.ternium.com.

Forward Looking Statements

Some of the statements contained in this press release are "forward-looking statements". Forward-looking statements are based on management's current views and assumptions and involve known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied by those statements. These risks include but are not limited to risks arising from uncertainties as to gross domestic product, related market demand, global production capacity, tariffs, cyclicality in the industries that purchase steel products and other factors beyond Ternium's control.

SOURCE: Ternium S.A.



View the original press release on accesswire.com

FAQ

What is Ternium's new decarbonization target for 2030?

Ternium (NYSE:TX) has set a new target to reduce emission intensity for hot-rolled steel by 15% by 2030, compared to a 2023 baseline. This target covers Scope 1, 2, and Scope 3 Categories 1 and 10 emissions.

How has Ternium's decarbonization target changed since 2021?

Ternium (NYSE:TX) has revised its decarbonization target to include Scope 3 emissions, expand the boundary to include the hot-rolling process, and adopt the GHG Protocol methodology. These changes provide a more comprehensive approach to emissions reduction.

What sustainability standards does Ternium's 2023 report follow?

Ternium's (NYSE:TX) Sustainability Report 2023 follows standards set by the GRI, SASB for Iron & Steel Producers, World Steel Association guidelines, and TCFD recommendations. It also aligns with the UN's Sustainable Development Goals.

When did Ternium release its Sustainability Report 2023?

Ternium (NYSE:TX) released its Sustainability Report 2023 on September 26, 2024.

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