Gränges Increased Sourced Aluminium Scrap Usage By Over 28 Percent In 2021

Gränges Increased Sourced Aluminium Scrap Usage By Over 28 Percent In 2021

Swedish rolled aluminium firm Gränges AB released its Annual and Sustainability Report for 2021 this week, showing better-than-expected progress towards its 2025 sustainability targets.

According to the report, Gränges cut its total carbon emissions intensity by 19 percent from 2017 levels while cutting its Greenhouse Gas Protocol Standards carbon intensity scope (1+2) by 8 percent. Gränges’ carbon intensity scope 3 fell by 20 percent in 2021. The firm chalks up its increased share of renewable energy and its greater use of sourced aluminium scrap for the drop.

Gränges increased its use of sourced aluminium scrap by to 28.5 percent and increased its share of products with third-party verified sustainability information to 35 percent. The firm achieved full participation in group-wide anti-corruption and Code of Conduct trainings, and its operations at Finspång won ASI Chain of Custody Certification last year as well.

CEO Jörgen Rosengren said in a press release that 2021’s accomplishments have set the stage for even greater achievements in the coming years.

“I’m happy to see our good progress, and it was great to achieve the EcoVadis Platinum recognition. I now look forward to raising the sustainability bar further and building an even stronger and more circular company for the future.”

Begun in 1873 in Stockholm, Sweden as Trafik AB Grängesberg-Oxelösund, Gränges AB was resurrected in 2013 as a private company specializing in rolled aluminium heat exchangers. It employs almost 1,800 employees at the present time at two plants – one in Finspång, Sweden, that opened in its present configuration in 1972, and a second in Shanghai, China, opened in 1996. The firm boasts a total nameplate capacity of 420 thousand metric tons per annum and an annual sales total of SEK13 billion (US$1.35 billion).