2022
Sustainability Report

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A Message from our CEO

“The downstream benefits of greening the metals and mining industries can positively impact the environment and quality of life of every individual and community. Tenova is already acting towards these goals and we will continue to bring the best minds together to solve one of the biggest challenges of our time.”

Roberto Pancaldi
Chief Executive Officer
 

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2022 Highlights

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Sustainability Strategy
Sustainability Strategy

Conducted first materiality assessment

Developed a Sustainability Framework

Aligned research, development, and innovation goals with the UN Sustainable Development Goals (SDGs)

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Innovation
Sustainable Solutions and Innovation

Launched new customer solutions with sustainability benefits

Received HorizonEU grant for TenovaLAB to demonstrate green hydrogen production/ utilization at industrial scale

Launched partnerships with Tenaris and Snam to develop low-carbon solutions

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Environmental
Environmental Impact of our operations

Reduced energy consumption in 2022, compared to 2021, through energy efficiency measures

Reduced waste generation and increased recycling over the previous year

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Employees
Employee Engagement and Development

Organized Tenova Innovation Days and intrapreneurship workshops for employees

Launched enhanced safety training for project site personnel

Updated career path training offerings and completed nearly 15,000 hours of training

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safety
Compliance and Responsible Sourcing

Launched an ESG supplier screening questionnaire

Confirmed zero substantiated complaints concerning breaches of customer privacy and loss of customer data

Our
Sustainability
Strategy

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

 

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Sustainability Strategy

Sustainability - we identify 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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We Transform Business

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Our portfolio of solutions is mainly dedicated to the sustainable transformation of the metals 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

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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.

 

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We Act Transparently

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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.