The ESG journey continues: a look at Trafilix's new sustainability report

The new sustainability report, the document that illustrates Lucefin Group’s commitment to conducting business in a sustainable and participatory manner, is now available online. Through this report, readers can gain a detailed overview of the company's ESG actions and identify the essential elements and growth factors of the Group for the 2021-2022 fiscal years.

Context and perception
The uncertain economic landscape has posed serious challenges in achieving the set objectives for the 2021-2023 three-year period. However, this condition has not hindered Lucefin Group's sustainable journey. The group intensified its efforts, and focused its strategies on adhering to the guidelines outlined in the first sustainability report. The company managed to stay committed, adapt proactively to stakeholders' needs, and set new goals for the future. Sustainability is not secondary to the company's actions but rather an integral and structured part of the Group's governance. In this regard, the management team is actively involved, and the sustainability team supports the highest governing body in ESG matters. The challenge is to meet market demands, innovate, and grow while generating positive change that benefits everyone, internally and externally, making all stakeholders responsible and aware of their impacts.

A new scope of analysis
In the latest edition of the report, data collection and analysis have more extensively integrated foreign sites and commercial warehouses to provide an increasingly accurate overall picture of the group. Special attention has been given to the environmental aspect, highlighting objectives and related actions. Data highlights include a 54% increase in electricity generated from photovoltaic sources compared to 2021, nearly all of the organization's waste being destined for recovery, and the exploration of circular economy-related technologies. Additionally, Trafilix Industries' CO2 emissions have been identified, and analyses and projects are underway to reduce them.

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Founded in 1973, Lucefin has been a global player in cold-finished steel bars production and distribution for half a century.