Sustainable business value

Sustainability is a natural part of Gränges’ core business and strategy. It helps to increase the company’s long-term competitiveness and aims to create lasting value for Gränges as well as for its customers, employees, investors and other stakeholders.

By managing its business in a sustainable and responsible way, Gränges will enhance its possibilities to deliver strong financial and operational results. Sustainable business value is created both by reducing undesired impacts of the company’s operations and by further increasing the positive contributions that emerge from integrating sustainability aspects into the business.

Sustainability – a competitive advantage

With the global push for sustainable development and the transformation into a more circular and resource-efficient economy, Gränges’ customers are increasingly recognizing the importance of using sustainable materials.

Gränges’ technical expertise and competence in aluminium material properties and performance helps customers and the whole value chain to improve resource efficiency and climate performance, in line with the global transition towards sustainable development and a circular economy. Gränges’ lightweighting and recyclable aluminium products, for example, help to increase fuel efficiency in vehicles and energy efficiency in buildings.

Promoting sustainable development

Gränges has participated in the UN Global Compact since October 2016 and undertakes to fulfil the principles relating to human rights, labour, environment, and anti-corruption. The principles also form the foundation of the company’s Code of Conduct and Supplier Code of Conduct.

Gränges is also committed to helping fulfil the 2030 Agenda and Sustainable Development Goals (SDGs). The company has identified those SDGs that are most relevant for the company’s business and where Gränges has its largest contributions. Read more ›

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.
- Johan Menckel, CEO


 

 

Achieving ASI certification

At the start of 2019, Gränges joined the Aluminium Stewardship Initiative (ASI), a global, multi-stakeholder, non-profi t standards setting and certification organization which works to maximize the contribution of aluminium to a sustainable society. Through its membership, Gränges promotes greater sustainability and transparency in the aluminium value chain. Only six months after becoming an ASI member, Gränges’ Shanghai facility successfully achieved certifi cation against ASI’s Performance Standard, which was a milestone for the company. The certifi cation demonstrates that Gränges’ aluminium products are produced responsibly and sustainably. Gränges aims to continue certifying its production facilities to ASI’s certification standards.