2025
Sustainability Report

A Message from our CEO

"Dear Stakeholders,
Some of the most important things we do cannot be seen.
No one can see carbon emissions that are prevented, just as no one notices resources that are saved or risks that are avoided. Yet these unseen results are where technology creates lasting value. Through solutions such as Direct Reduced Iron (DRI) plants and Electric Arc Furnaces (EAFs), the steel industry is making a profound shift toward lower-carbon production. The impact is tangible: the emissions avoided by a single large-scale DRI-EAF complex can be comparable to taking hundreds of thousands of cars off the road every year. This is how engineering translates into benefits that extend far beyond industrial facilities."

Roberto Pancaldi
Chief Executive Officer
 

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Roberto Pancaldi - CEO

2025 Highlights

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Environmental
Environmental

Landmark projects with leading steel producers that advanced decarbonization through DRI, Electric Arc Furnaces, hydrogen-ready and circular technologies

TenovaLAB selected as a European demonstrator for hydrogen-based industrial reheating technologies through the HyTecHeat project

5 out of 7 EU and Italian R&D proposals selected for funding, with 3 projects launched in 2025


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Social
Social

An average of 19.4 hours of training per employee, increased by 8% compared to 2024

Launch of the global Compliance Fundamentals training initiative

Launch of the Digital Employee Hub, a user-friendly platform designed to centralize and enhance access to company news and employee welfare services

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Governance
Governance

Reinforcement of the Sustainability Steering Committee with 4 new members to drive sustainability strategy and organizational objectives

Updates to the Whistleblowing Procedure, reinforcing compliance, transparency, and alignment with international best practices

Definition of a dedicated CBAM Framework aimed at strengthening sustainable supply chain governance

Our
Sustainability
Strategy

Our business strategy is built on four commitments and grounded in driving sustainable solutions for our clients and communities.

 

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Environmental

Sustainability - identifying opportunities to streamline industrial processes, resulting in increased efficiency

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Innovation

Innovation - devising novel solutions to age-old problems

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Reliability

Reliability - using our in-depth expertise to ensure our solutions last well into the future

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safety

Safety - making workplaces safer

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value-for-clients

Sustainable and Reliable Value for our Clients

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The metals and mining industries must evolve to significantly reduce their carbon emissions and limit global warming to internationally agreed limits. We are helping drive this transformation by developing innovative technologies that not only support our clients in delivering better products but also drastically reduce their environmental impact.

 

Our Responsible Approach

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Sdg 5
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SDG 8
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SDGH 10
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We build trust through empowerment and dialogue, and we act transparently to ensure responsibility for people, the planet and our stakeholders.

 

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Sustainable approach