Rolled aluminium products company Gränges sets ambitious sustainability goals

Gränges, a supplier of rolled aluminium products for heat exchanger applications and other niche markets, has announced ambitious and clear long-term sustainability targets to increase its contributions to global sustainable development and secure future competitiveness and growth.

The targets demonstrate Gränges’ efforts to further integrate sustainability across the company and the value chain, executed through the company’s five sustainability pillars: Ethical business practices; Responsible and sustainable sourcing; Sustainable operations; Diverse and high-performing teams; and Sustainable offerings.

Source:www.granges.com

Gränges’ CEO Johan Menckel said: “How we plan and run our business today has a profound impact on the future. We must continuously challenge ourselves to develop sustainable offerings that create tangible business and sustainability benefits for our customers. Through the light-weighting properties and the recyclability of aluminium, our products promote a circular approach and enable customers and end-users to achieve significant savings in energy consumption and greenhouse gas emissions,”

“The goals also make sense from a business point of view as sustainability measures can increase our financial top and bottom-line. Gränges’ new long-term targets demonstrate our commitment to sustainability and our strong focus on integrating sustainability into everything we do.”

A subset of the 2025 sustainability targets are listed below:

• Reduce number of recordable accidents per million hours worked (Total Recordable Rate) to 3.0.
• Reduce direct and energy indirect carbon emissions intensity by 25 per cent versus 2017.
• Reach 100 per cent annual training participation in Gränges’ Code of Conduct.
• Ensure that 100 per cent of the purchase value from significant suppliers is committed to Gränges’ Supplier Code of Conduct or equivalent standard.
• Increase the share of women among senior management to at least 30 per cent.