A Message from our CEO
“As we reflect on the past year and set our sights on the future, Tenova’s unwavering commitment to sustainability and innovation remains at the forefront of our strategic direction. At Tenova, we firmly believe that the real value we bring to the sustainability table lies in our human capital, as the specialized competencies of our team are our greatest and most valuable asset.”
Roberto Pancaldi
Chief Executive Officer
2023 Highlights
Identification of material topics through materiality assessment in 2022.
Driving purposeful actions within our Sustainability Framework, including energy efficiency initiatives, circular economy solutions, and sustainable innovation.
Expansion of our facilities at TenovaLAB for the installation of a water electrolysis unit connected to solar panels.
Successful use of an injection technology, OnlyPlastic, a process able to produce steel from the residues of waste plastic treatment plants.
Installation of a 980 kW new-generation photovoltaic plant for our production site in Castellanza, Italy. Our 1,781 superior performance and highly reliable high-efficiency monocrystalline silicon panels will be able to generate up to 1,000 MWh annually, which is around 30% of the Campus’ annual energy consumption.
Rollout of new mandatory training at project sites – BU Upstream Italy as pilot project.
Participation in local Career Fairs for attracting new high potential professionals.
Implementation of employees’ wellness services and awareness through ad hoc disseminations and programs.
Confirmed zero complaints concerning breaches of customer privacy and loss of customer data.
Periodic risk assessment of potential hazards or risks associated with each site and work activity.
Our
Sustainability
Strategy
Our business strategy is built on four commitments and grounded in driving sustainable solutions for our clients and communities.
Sustainability - identifying opportunities to streamline industrial processes, resulting in increased efficiency
Innovation - devising novel solutions to age-old problems
Reliability - using our in-depth expertise to ensure our solutions last well into the future
Safety - making workplaces safer
We Transform Business
Our portfolio of solutions is mainly dedicated to the sustainable transformation of the metal and mining industries. We create value for our clients by providing innovative technologies that boost efficiency, resulting in better performance, less waste, and lower carbon emissions.
We Build Trust
We believe trust is our license to operate. Trust is established through safe and reliable technology that fosters long-lasting client relationships and a thriving workplace for our employees.
We Act Transparently
We focus on advancing transparency within our top governance bodies and policies, ensuring that our employees act ethically and in accordance with our company values. We are committed to maintaining a sustainable and responsible global supply chain as we ensure compliance with all legal regulations in the countries where we operate and purchase from and expect the same from our supply chain partners.