The global leader in aluminium rolling and recycling in selected niches, Gränges has officially joined the First Movers Coalition (FMC), a strategic move aimed at accelerating the decarbonisation of the aluminium industry. This initiative is crucial for Gränges as it seeks to secure access to low-carbon primary and recycled aluminium, a key factor in minimising the environmental impact of its products and achieving its ambitious 2040 net-zero target.
{alcircleadd}The FMC, an initiative spearheaded by the World Economic Forum, represents a global coalition of companies committed to leveraging their purchasing power to drive down carbon emissions in heavy industries. This includes sectors such as aluminium, aviation, cement and concrete, steel, shipping, trucking, and advancements in carbon dioxide removal technologies. By consolidating the purchasing power of its members, the coalition aims to generate the largest private-sector demand for cutting-edge decarbonisation technologies, thus paving the way for a more sustainable industrial future.
Sofia Hedevåg, SVP of Sustainability, Gränges Group, said, "We are very proud to join the First Movers Coalition. Strong partnerships and collaboration across the value chain are essential for a successful decarbonisation of the aluminium industry. Supporting the upstream transition to low-carbon technologies is a critical action in our net-zero plan, and this is another important step for us."
"I look forward to engaging in the coalition and fulfilling Gränges' commitments."
Gränges is the 100th member to join the coalition. Securing access to recycled and low-carbon input materials is a key enabler for Gränges to offer its customers circular and sustainable aluminium solutions and meet its ambitious SBTi-validated climate goals.
As a joining member, Gränges has made the following 2030 commitments:
These commitments complement the company’s 2030 climate and circularity goals and reaffirm its pathway towards net zero by 2040. They are subject to the availability of technology supply that enables Gränges to meet its 2030 purchase pledges.
Rob van Riet, Interim Head of the First Movers Coalition, said, "Gränges' commitment to the aluminium sector represents a significant milestone for the First Movers Coalition."
"Not only is Gränges the 100th member of FMC, but as a global leader in aluminium rolling and recycling, Gränges brings valuable knowledge of the sector and purchasing power that will help to accelerate FMC's mission to scale low-carbon primary and secondary aluminium."
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