Our Environmental Impact
We strive to help clients mitigate the harmful impacts that climate change has on the environment through our products, technologies, and services. Alongside helping our clients, we are also taking steps to monitor and reduce the environmental impact of our own operations.
Our Emissions and Energy Consumption
completion
of the construction site at Castellanza HQ for research and development activies
tCO2e
Scope 1 + Scope 2 Location-based emissions
kWh
generated by our solar panels
Our People
At Tenova Group, we believe that our people are the foundation of everything we do. They are the driving force behind our innovation, the engine of our daily operations, and the embodiment of the values that define us. It is thanks to our people that we are recognized as a global leader in sustainable technologies and engineering solutions for the metals and mining industries.
average training hours delivered per employee
response rate to our 2024 Employee Opinion Survey
Women in Mining communication campaign
Occupational Health and Safety
Safety is a fundamental value at Tenova Group. We are deeply committed to ensuring the well-being of our people and all those we interact with, through our “Safety First” approach. This approach is deeply embedded in our culture and operations: in practice, it means maintaining a strong focus on prevention and awareness in all matters related to health and safety, making it a core element of our activities across all roles, functions, and entities within the Group.
Diversity, Equity and Inclusion
We consider diversity as a driver for innovation, resilience and creativity and we are constantly working toward a more just and inclusive environment. We strive to create an environment where all our employees feel respected and treated fairly.
Talent
In order for Tenova to succeed as a Group, our talents must be able to learn the necessary skills in an industry that is constantly evolving. We pride ourselves on providing a supportive work environment where employees can grow and develop in their careers while promoting inclusive local employment practices to generate high value in the territories in which we operate.
Training activities in 2024 focused on the following areas:
Benefits and Well-being
Well-being is a way of working at Tenova Group: we believe it is a cornerstone to building a resilient and progressive organization. For us, attracting and retaining the right talent includes creating a package of benefits that proves our commitment to creating an equitable and supportive workplace - one that allows all our employees to collaborate effectively, feel part of a community, and thrive in line with our values.
Transparent Governance
We believe in leading by example. We recognize that the leadership position we have earned in the global metals and mining panorama comes with significant responsibilities.
Therefore, we aspire to be a trustworthy partner for our stakeholders and a driver for exemplary behavior within our industry. Aware of the active role we play in the societies where we operate, we are strongly committed to acting in compliance with local laws and regulations and promoting them in local communities.
at Group level
of purchase budget spent locally
Tenova Group Code of Conduct + Introduction of Code of Conduct for Suppliers
Governance and ESG Management
Ethical governance at Tenova starts with the highest governance bodies. Their leadership and dedication to transparency shapes the Group’s decisions, strengthening stakeholder trust.
Stakeholder Engagement
At Tenova Group, we believe that strong governance is built not only on well-defined structures and procedures, but also guided by a clear purpose and the capacity to actively listen to, engage with, and respond to the expectations of our stakeholders. Thus, a constant and solid relationship with all stakeholders is fundamental for the Group, aiming at creating shared value.
Compliance and Ethics
Ethical conduct is a key component of our success, both as a Group operating in the metals and mining industries, and as people part of a thriving company.
Our Supply Chain
We operate on a global scale, with an international supply chain spanning across five continents. We ensure full compliance with procurement regulations in all countries where we operate or conduct business and expect our suppliers and partners to adhere to all applicable laws and regulations. Our operations are global but at the same time we are strongly focused on the impact we generate locally. Thus, in 2024, 72% of our purchases were sourced locally17 , namely within the same country where our legal entities operate, preferring local contractors and suppliers.
17 The reported percentage does not include the legal entity LOI Poland Spolka z.o.o., as the purchasing data were not yet fully integrated into the management system, which has caused difficulties in retrieving the relevant information.