Overall impact
C (48)

Commentary

Tenaris is an average overall performer. With a 'C' rating of 47.5 for overall impact (36th percentile compared to all companies), Tenaris ranks 14th out of 30 industry peers, behind Chart Industries, Highway Holdings, Norma and 10 others, and ahead of Sifco Industries, Constellium, American Heavy Plate and 13 others. On top material causes for Tenaris's industry (Manufacturing), Tenaris performs well in Lgbtq Equality (80.2 score) and Quality Lifelong Education (95.4) and performs poorly in Conflict Free Mineral Production (17.7 score), Reduced Inequality (36.9), Accountable Institutions (0.0) and 7 other causes where it received a 'D' or 'F' score.
Impact
Cause TS
Peer rank
Overall impact

Log in to view this information

Impact trend

Change in rating for overall impact

Log in to view this information

Company
Founded
2001
Employees
29,134
Sector
Industrials
Industry
Machinery
Sub-industry
Industrial Machinery & Supplies & Components
SASB industry
Iron & Steel Producers
Headquarters
Luxembourg
Share classes
TS
Description
Tenaris S.A., together with its subsidiaries, manufactures and distributes steel pipes for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. The company offers steel casings to sustain the walls of oil and gas wells during and after drilling; steel tubing for conducting crude oil and natural gas to the surface after drilling has been completed; steel line pipes to transport crude oil and natural gas from wells to refineries, storage tanks and loading and distribution centers; and mechanical and structural pipes for the transportation of other forms of gas and liquids under high pressure. It also provides cold-drawn pipes for use in boilers, superheaters, condensers, heat exchangers, automobile production, and other industrial applications; premium joints and couplings for use in high temperature or high pressure environments under the TenarisHydril, Atlas Bradford, Ultra, and TORQ brands; coiled tubing is used for oil and gas drilling and well workovers and for subsea pipelines; and sucker rods used in oil extraction activities, tubes used for plumbing and construction applications, oilfield / hydraulic fracturing services, and coating services. In addition, the company engages in the development, management, and licensing of intellectual property. Tenaris S.A. was incorporated in 2001 and is based in Luxembourg City, Luxembourg. Tenaris S.A. operates as a subsidiary of Techint Holdings S.à r.l.
Material causes
Ethos considers the following causes material for Tenaris, based on its industry sub-industry Industrial Machinery & Supplies & Components. Learn more about material causes in our methodology overview.

This information is subject to Ethos' Terms and Conditions, which you can find here.

This information may not be used for corporate financing purposes (including, without limitation, ESG-linked loans, credit facilities, securities or structured products), as a basis for any financial instruments or products (including, without limitation, passively managed funds and index-linked derivative securities) or other products or services, to verify or correct data in any other compilation of data or index, to create any derivative works, nor to create any other data or index (custom or otherwise), without Ethos' prior written permission.

By browsing this site you agree to our use of cookies. Read more.
We use cookies on this site to enhance your user experience. By continuing to browse the site, you are agreeing to our use of cookies. Give me more info.