Elkem rated in top 1 percent on sustainability by EcoVadis
Oslo, Sweden – 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.