External reporting and evaluation

Gränges’ sustainability performance and management are continuously assessed by customers, sustainability and ESG analysts as well as other stakeholders. This serves 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 external evaluation and recognition within sustainability.

Aluminium Stewardship Initiative (ASI): Gränges Finspång and Gränges Shanghai have achieved certifications against the ASI Performance Standard (Shanghai: July 2019, Finspång: February 2021) and the ASI Chain of Custody Standard (Finspång: November 2021, Shanghai: January 2022). These certifications demonstrate that Gränges’ products are responsibly and sustainably sourced and produced. 

EcoVadis: Gränges achieved a Platinum award in the 2021 EcoVadis sustainability ranking, placing Gränges among the leading 1 per cent of companies assessed globally in the industry ‘Manufacture of basic precious and other non-ferrous metals’. 

CDP: Gränges responded to CDP’s Climate change questionnaire for the first time in 2021 and achieved a B score. 

MSCI: Gränges received an AA rating in the MSCI ESG Ratings assessment 2021, which positions Gränges among the top 8 per cent companies in the Metals and Mining sector (Non-Precious Metals).¹⁾ MSCI ESG Ratings are provided 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. 

Sustainalytics: Gränges achieved an overall risk rating of 20.3 (Medium) in Sustainalytics’ ESG Risk Rating Report 2021.²⁾ This rating placed the company as the number 1 among 33 aluminium companies and number 2 among 161 metal companies. 

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.
²⁾ Copyright ©2022 Sustainalytics. All rights reserved. This publication contains information developed by Sustainalytics (www.sustainalytics.com). Such information and data are proprietary of Sustainalytics and/or its third party suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers.