Trafilspec-ITS sustainability report: commitment to the environment and society

Trafilspec-ITS, an Italy-based company specializing in cold drawing and special steel processing, offers drawn coils and bars, as well as peeled and ground bars for industries such as automotive, oil & gas, aerospace, and tooling. The company operates over 50,000 m² of production space, equipped with advanced technology and flexible production lines. Its state-of-the-art machinery includes non-destructive testing and high-precision heat treatment systems, ensuring top-tier quality and performance across various sectors.

The company recently published its first sustainability report for 2023, sharing its business model and actions to reduce environmental impact and benefit the local community.

Trafilspec-ITS: a responsible business 

Trafilspec-ITS places a strong emphasis on balancing economic growth with sustainability. The company focuses on developing market-driven solutions while managing resources responsibly. As noted in the report, “We covered 35% of our energy needs with renewable sources through the installation of photovoltaic systems on our facilities, with a goal of reaching 40% by 2025.” Additionally, targeted efficiency measures have led to an 8% reduction in energy consumption compared to the previous year, showcasing the company’s commitment to reducing its environmental impact.

Trafilspec-ITS has made notable strides in waste management too: “In 2023, we recovered 97% of the waste produced, promoting a circular economy model that reduces the use of raw materials and encourages resource reuse. Furthermore, 70% of our steel comes from scrap, reducing CO₂ emissions.”

Sustainability: the heart of the business strategy

Sustainability is central to its business strategy, with a focus on ethical and innovative practices to reduce environmental impact. The company is committed to supporting local communities, where many of its employees live, and aims to create value for the surrounding area. Through its activities, Trafilspec-ITS integrates environmental responsibility with business operations, enhancing both sustainability and community involvement.

In 2023, Trafilspec-ITS increased its economic contributions to the community by 29% compared to the previous year. “Trafilspec ITS believes that only by promoting the welfare and development of the community in which it operates can it achieve real and lasting business growth. For this reason, the company is committed to forming a synergic and collaborative relationship with the community”.

Future projects and sustainability strategy plan 

Looking ahead, Trafilspec-ITS has incorporated a series of initiatives in its 2024-2026 Strategic Sustainability Plan to strengthen its commitment, including gradually reducing its carbon footprint, expanding the use of renewable energy sources, and enhancing circular economy processes. Key objectives also include improving employee well-being through initiatives focused on diversity, equality, and inclusion.

Trafilspec-ITS is prepared to face market challenges with innovative, sustainable solutions rooted in a deep respect for the environment and people. Its investments in energy efficiency, workplace safety, and community support reflect a long-term vision. This first sustainability report underscores the company’s concrete commitment to a future where economic growth aligns with social responsibility.

Please take a look at the full sustainability report at this link >>
Enjoy!