Elkem has been awarded Platinum rating on sustainability transparency from
EcoVadis, one of the world's largest and most trusted providers of business
sustainability ratings. This positions Elkem among the top 1% of the companies
evaluated worldwide.
"At Elkem, sustainability is an integrated part of our strategy, and it is with
considerable pride that we acknowledge our top-tier sustainability rating from
EcoVadis. This rating is a recognition of our commitment to our partners,
stakeholders, and the communities we operate in. It reflects the efforts we make
in our operations and along our supply chain. I would like to thank our global
Elkem team for their dedication, which is instrumental in our ongoing
sustainability initiatives," says Elkem's CEO, Helge Aasen.
In 2023, Elkem completed the world's first pilot for carbon capture at a silicon
smelter in Rana, Norway, with capture rates up to 95%. Elkem also recently
received public support for their Sicalo-project, Silicon production with carbon
looping, which may eliminate all carbon emissions from their silicon production,
if realised.
The Platinum rating for 2024 is an upgrade from Elkem's Gold rating in 2023.
Since the last assessment, the overall score has increased thanks to the
implementation of additional policies, writes EcoVadis.
"The company demonstrates an advanced sustainability management system that
covers all four themes under review," writes EcoVadis in their evaluation of
Elkem.
For further information, please contact:
Odd-Geir Lyngstad
VP Finance & Investor Relations
Tel: +47 976 72 806
Email: odd-geir.lyngstad@elkem.com
Maria Ekornes Myhre
Acting VP Corporate Communications and Public Affairs
Tel: +47 994 12 707
Email: maria.ekornes.myhre@elkem.com
Elkem is one of the world's leading providers of advanced silicon-based
materials shaping a better and more sustainable future. The company develops
silicones, silicon products and carbon solutions by combining natural raw
materials, renewable energy and human ingenuity. Elkem helps its customers
create and improve essential innovations like electric mobility, digital
communications, health and personal care as well as smarter and more sustainable
cities. With a strong track record since 1904, its global team of more than
7,400 people has a joint commitment to stakeholders: Delivering your potential.
In 2023, Elkem achieved an operating income of NOK 35.5 billion and CDP ratings
of A on Forests, and A- on Climate Change and Water Security. Elkem is listed on
the Oslo Stock Exchange (ticker: ELK), where the company is also included in the
ESG Index. www.elkem.com