To drive the development of sustainable solutions, Gränges’ has ambitious sustainability targets for 2025. As part of the new sustainability strategy, Gränges’ has also announced a new ambitious climate neutrality target by 2040 and raised circularity ambition which is to tenfold the company’s recycling volumes versus the 2017 baseline.
Updated strategy and new long-term targets
To stay ahead of customers’ requirements and policy changes, Gränges in 2022 upgraded its sustainability strategy to better support the Navigate strategy. The company announced a new ambitious climate neutrality target by 2040 and that the company had joined the Science Based Targets initiative (SBTi). Gränges also announced its raised circularity ambition which is to tenfold its recycling volumes versus the 2017 baseline. The sustainable growth strategy will be executed by investing in three areas: sustainable supply and recycling, sustainable operations, and sustainable customers and sectors.
A light weight and circular material
Aluminium plays an important role in the transition towards a circular and sustainable economy. The material is for example used to produce lightweight vehicles, energy-efficient buildings, and resource-efficient packaging. Lightweighting is an important feature in today’s global climate and resource challenge. With lighter products, emissions and energy usage can be reduced. Recyclability is another key feature of aluminium. Since it takes up to 95 per cent less energy to recycle aluminium than to produce primary aluminium, there are also large climate gains to be achieved.