Aluminium Stewardship Initiative (ASI)
Gränges has achieved certifications against the ASI Performance Standard and Chain of Custody Standard for the Franklin corporate office as well as five production facilities: Finspång, Shanghai, Newport, Salisbury and Huntingdon. These certifications demonstrate that Gränges’ offerings are responsibly and sustainably sourced and produced.
For the second consecutive year, Gränges was awarded a Platinum rating from EcoVadis which places Gränges among the leading 1 per cent of companies assessed globally in the industry ‘Manufacture of basic precious and other non-ferrous metals.
Gränges continued to respond to CDP’s Climate change questionnaire and achieved a B score.
Gränges received an AA rating in the MSCI ESG Ratings assessment 2022.1) MSCI ESG Research provides MSCI ESG Ratings External reporting and evaluation 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.
Gränges achieved an overall risk rating of 21.1 (Medium) in Sustainalytics’ ESG Risk Rating Report 2022.2) This placed the company as the number 3 among 36 aluminium companies and number 5 among 212 metal companies.