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Sustainability and Sustainable Development

euskalforging has embedded the promotion and implementation of sustainable development strategies into its Mission, Vision, and Values, demonstrating a firm commitment to sustainability. To achieve this, euskalforging develops its processes and manufactures its products using the best available technologies and industry practices, striving to ensure a balanced approach to economic growth, environmental stewardship, and social well-being.

In addition, euskalforging embraces the 17 United Nations Sustainable Development Goals (SDGs), which recognize the crucial role of businesses in transforming society and markets through sustainable practices. The SDGs have had a significant impact on companies by providing a common international framework for contributing to sustainable development across a wide range of interconnected areas, including gender equality, climate action, and the reduction of inequalities. As one of the world's leading sustainability frameworks, the SDGs guide euskalforging in addressing these global challenges with the aim of creating a positive and lasting impact on both people and the environment.

euskalforging establishes a system of Good Practices focused on promoting sustainability such as:

  • Boosting energy efficiency. Energy efficiency committees.
  • Monitoring and measurement of the carbon footprint
  • Internal sustainability audits
  • Improvements in the use of natural resources
  • Preservation of biodiversity and natural resources
  • Collaboration in renewable energy projects
  • Environmental awareness

Voluntary CSRD–VSME Sustainability Report

euskalforging has voluntarily prepared a Sustainability Report in accordance with the CSRD–VSME (Voluntary Sustainability Reporting Standard for SMEs) framework. The report can be viewed and downloaded using the link below.

The report provides a structured overview of the company's environmental, social, and governance (ESG) performance, reinforcing euskalforging's commitment to transparency, accountability, and continuous improvement.

VSME Sustainability Report

Report link

Internal Sustainability Audit

Conducted annually since 2021, the audit evaluates the following areas:

  • General sustainability
  • Social and economic benefits for the local community
  • Reduction of environmental impacts
  • Sustainability action plan
  • Other areas related to:
    • Code of Ethics
    • Anti-corruption and fraud
    • Human rights
    • Occupational health and safety
    • Environmental protection
    • Supply chain
    • Sustainability programmes
    • Social impact
    • Environmental impacts
    • Carbon footprint
    • Financial audits
    • Energy audits

EcoVadis Sustainability Assessment

euskalforging has been assessed by EcoVadis, one of the world's leading platforms for evaluating corporate sustainability performance, and has been awarded a Silver Medal.

This recognition places euskalforging in the 93rd percentile, positioning the company among the top 15% of companies worldwide assessed by EcoVadis for their sustainability performance.

This achievement reflects euskalforging's ongoing commitment to continuously improving its environmental, social, and ethical business practices, while aligning with internationally recognized sustainability standards across the supply chain.

ecovadis

Environmental

euskalforging includes environmental management in its ring rolling process and, in keeping with the guidelines given in the ISO 14.001 standard on environmental management, it has implemented a management system that covers all the requirements laid down in the above standard, as well as in all applicable European regulations and laws.

Waste management

euskalforging has all the relevant government authorisations as a producer of waste, and it handles the following:

  • Hazardous waste (chemical substances such as depleted cutting fluid from the lathes, used hydraulic oils, contaminated solids and other such products), with authorised waste managers such as:
Sader Sogecar
  • Non-hazardous waste (sweepings from the ring rolling plant and slurry from the heat treatment plant):
Sader Ferrovial
  • Inert waste (wood and similar) with authorised managers in the area

Emissions

With regard to emissions, euskalforging is in possession of all the relevant permits and carries out periodic environmental controls in line with applicable European legislation.

euskalforging has clearly defined CO2 emission reduction targets that are monitored and verified annually. Annual actions are established to achieve these objectives, among which are:

  • Installation of heat recovery units in gas furnaces
  • Replacement of traditional furnace burners with regenerative burners
  • Use of surplus heat from furnace chimneys to preheat parts
  • Optimization of opening and closing processes of furnace doors
  • Optimization of start-up of heating and heat treatment treatment programs
  • Optimization of processes with objectives of reducing material consumption
  • Others...

Likewise, As a company policy, euskalforging integrates actions to reduce its CO2 emissions into its annual objectives. with a goal of net zero emissions by 2050.

Carbon Footprint

As part of its commitment to sustainability and continuous improvement, euskalforging annually calculates the carbon footprint associated with its operations, including Scope 1, Scope 2, and Scope 3 greenhouse gas (GHG) emissions, in accordance with internationally recognized methodologies such as ISO 14064 and the GHG Protocol.

This assessment enables the company to identify the main sources of greenhouse gas emissions across its value chain, establish emission reduction targets, and continue progressing towards more efficient and environmentally responsible operations.

The reported results are independently verified by accredited third-party organizations in accordance with applicable international standards, ensuring the reliability, traceability, and transparency of the information disclosed.

GHG EMISSIONS (tCO2e) BY EMISSION CATEGORY – 2025 euskalforging, S.A.
(Irura plant)
euskalforging, S.A.
(Sestao plant)
Forjas de Belako, S.A.
(machining plant)
Total Grupo
euskalforging
Scope 1: Direct GHG Emissions 2.611 6.841 67 9.518
Scope 2: Indirect GHG Emissions from Purchased Energy 391 1.492 163 2.046

Since 2025, euskalforging has also completed the assessment of **Scope 3 greenhouse gas (GHG) emissions**, which include indirect emissions generated throughout the value chain, both upstream and downstream of its operations.

Although the detailed results of this assessment are not currently disclosed, completing this analysis provides a more comprehensive understanding of the company's climate impact and strengthens its ability to identify opportunities for improvement and collaboration with suppliers, customers, and other stakeholders.

The assessment of all three emission scopes reflects euskalforging's commitment to a comprehensive approach to climate impact management. It provides robust data to support informed decision-making, the definition of emission reduction targets, and the continuous improvement of the company's environmental performance.

Discharges

euskalforging has all the required licences for industrial wastewater discharges. Punctual discharges are carried out in compliance with the legislation and carrying out the analyzes that are considered necessary.

Noise

euskalforging controls the levels of noise emitted, applying an active noise-reduction policy and at all times complying with the requirements established in European and local regulations.

Facilities

All euskalforging facilities comply with the regulations in force and are subject to the periodic mandatory regulatory controls.

Soil

euskalforging has Soil Quality Declarations and/or Preliminary Soil Reports for its areas of activity, complying with current regulations and verifying land uses, executing sanitation projects, and maintaining its ecological sensitivity.

Conflict Minerals Policy

euskalforging has adopted a Conflict Minerals Policy through which it reaffirms its commitment to fully comply with all applicable regulatory frameworks, including Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Regulation (EU) 2017/821. In line with this commitment, the company requires its suppliers to ensure that their products are free from conflict minerals — in particular tantalum (Ta), tin (Sn), tungsten (W) and gold (Au) — that may have originated in the Democratic Republic of the Congo (DRC) or any of its nine neighbouring countries.

Environmental policy

Click to open

Health and safety

Prevention as a premise.

In euskalforging we consider occupational health as an essential value and we work rigorously to protect the people who make our activity possible.

From Management, workers, contractors and Prevention services, we row in the same direction to create a safe and healthy work environment.

euskalforging promotes and encourages a culture based on prevention and safety at work, making every effort to integrate a preventive culture throughout the organization with the aim of eliminating accidents.

euskalforging understands that a healthy and accident-free workplace is the best proof of its success. Therefore, with the collaboration of all its members, and through training and prevention awareness actions, it promotes the implementation of actions and improvements aimed at ensuring occupational health and safety in all areas of it.

See:

Link occupational risk prevention policy.

Governance - Ethical code

The purpose of the Code of Ethics is to establish the values and behaviours that must be followed by all euskalforging's employees in the performance of their work.

euskalforging considers that the trust of its shareholders, customers, suppliers and contractors, as well as of its social environment, is based and built on the ethical behaviour of each of its employees.

Therefore, euskalforging expects all its employees, as well as its suppliers and other external collaborators, to behave with integrity and responsibility, complying at all times with the values set out in the Code of Ethics.

euskalforging believes that the application of the values contained in the Code of Ethics will not only allow us to be a better company and achieve better results, but will also help us to build a better society. That is why euskalforging expresses its commitment to respect for people and human rights, environmental protection and sustainability, safety at work, non-discrimination and equal treatment, prohibition of any kind of harassment, prohibition of corrupt practices, protection of personal data, as well as other values contained in the Code of Ethics.

Finally, euskalforging wants to ensure that these values are fulfilled in the most effective way, so it establishes on its website a reporting channel available to all those who want to communicate practices or behaviours that are contrary to its Code of Ethics or illegal. Such communications may be made anonymously, and the Code of Ethics sets out how the submitted reports will be handled.

Code of Ethics    Integrity Policy

Channel of communication of practices contrary to the Code of Ethics

As an employee, customer, supplier or interested party, you can report serious matters anonymously.

Through this website you can send information about reprehensible or unethical behaviours, illegal or contrary to the Code of Ethics and/or internal policies.

Requests related to HR matters cannot be reported in this system, but must be discussed with the immediate manager, department manager or HR.

You may report confidentially, giving your name and contact details or, if you wish, 100% anonymously, without identifying yourself. All inquiries are handled confidentially and securely.

Each report generates an identification code that can be used by the complainant to track the report and know the status of the proceedings.

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