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External reporting and evaluation

Gränges’ sustainability performance and management are continuously assessed by customers, sustainability/ESG analysts and other stakeholders. This serve as an important element of the ongoing stakeholder dialogue and is in line with the company’s ambition to provide stakeholders with a credible basis for their evaluation of Gränges. Below are some examples of Gränges’ external reporting and sustainability evaluation.

Global Reporting Initiative (GRI): Gränges’ sustainability report is conducted in line with GRI Standards: Core option. A complete GRI content index can be found in the sustainability report 2020

Global Compact: The sustainability information in the Annual and Sustainability report 2020 constitutes Gränges’ Communication on Progress in line with UN Global Compact guidelines.

MSCI: Gränges received a rating of AA in the MSCI ESG Ratings assessment 2020, which positioned Gränges among the top six per cent companies in the Metals and Mining sector (Non-Precious Metals).1) MSCI ESG Research provides MSCI ESG Ratings on global public and a few private companies on a scale of AAA (highest rating) to CCC (lowest rating), according to exposure to industry-specific ESG risks and the ability to manage those risks relative to peers.

EcoVadis: Gränges was also awarded a silver medal in the 2020 Ecovadis sustainability ranking, which means that the company was rated among the top seven per cent of rated companies in the industry (manufacture of basic precious and other non-ferrous metals).

Aluminium Stewardship Initiative (ASI): Gränges has also achieved certifications against the ASI Performance Standard for the sites in Shanghai (July 2019) and Finspång (February 2021), which demonstrates that Gränges’ products are produced responsibly and sustainably.

           

1) The use by Gränges of any MSCI ESG research llc or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of Gränges by MSCI. MSCI services and data are the property of MSCI or its information providers, and are provided ‘as-is’ and without warranty. MSCI names and logos are trademarks or service marks of MSCI.