The report highlights Gränges' commitment to its ambitious Navigate plan for sustainable growth. The company achieved a record-high operating profit in 2023, a result of continued investment in its production platform, focus on productivity, and a strong price management strategy. Gränges has also made significant progress towards its ambitious sustainability goals. The company achieved a record-low carbon emissions intensity and significantly increased the share of sourced recycled aluminum in 2023. The report also highlights the company's joint venture with Shandong Innovation Group for a new recycling and casting operation in Yunnan, China, which is expected to have a significant positive impact on the company's carbon footprint. The company has also been recognized for its sustainability performance by EcoVadis and CDP.
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Granges AB 2023 Annual and Sustainability Report
Issuing Company Granges AB
Report Type Integrated Report
Report Language EN
Report Filesize 11.3 MB
No. of Pages 161 pages
Reporting periodJanuary 1-December 31, 2023
Report EditionUnknown
Assurance Provider EY
Reporting Standards GRI; SASB; UNSDGs
Materiality Assessmenttrue