The global leader in aluminium rolling and recycling, Gränges has once again secured its position as one of Europe’s Climate Leaders, as acknowledged by the Financial Times. This prestigious recognition underscores the company's commitment to substantial reduction of greenhouse gas emissions and its dedication to transparent sustainability reporting practices.
{alcircleadd}Scientists warn of intensified weather phenomena due to a warming planet: storms, floods, droughts, and fires. Alongside these environmental challenges, Europe's businesses and policymakers grapple with increasingly stringent regulations aimed at mitigating climate change.
Through the EU's Green Deal initiative, which seeks to position Europe as the world's inaugural climate-neutral continent, companies find themselves navigating a landscape of heightened carbon pricing, more stringent sustainability objectives, and expanded reporting obligations. Industry associations have raised concerns about diminished competitiveness, while protests, such as this year's farmer demonstrations, have prompted the European Commission to soften certain green initiatives.
Europe's Climate Leaders list recognises European companies that have made significant strides in reducing their core emissions intensity (scope 1 and 2) relative to revenue between 2017 and 2022. These companies also showcase a dedication to transparency by reporting on scope 3 emissions and actively engaging in sustainability initiatives like CDP and SBTi, alongside fostering collaborations and making further commitments to sustainability.
Sofia Hedevåg, the SVP of Sustainability at Gränges, said, “Receiving this recognition from the Financial Times again not only confirms our ambitious sustainability goals but also recognizes the tangible results we have achieved in reducing our climate impact.”
“It is a testament to our systematic efforts to raise transparency and traceability, which drive change and make Gränges a trusted partner for our customers and other stakeholders.”
Significant achievements include
Sustainability transparency milestones
Gränges stays dedicated to its sustainability agenda, emphasising the development of circular and eco-friendly aluminium solutions while aiding customers in their sustainability and decarbonisation endeavours.
Gain deeper insights into sustainability within the aluminium industry and discover the sector's concerted efforts to decarbonise metal production across its entire value chain. Access AL Circle's industry-focused report, "Sustainability in the Global Aluminium Industry," for comprehensive information on these crucial developments.
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