Ferroglobe
Ferroglobe PLC, a leading player in the silicon and manganese industry, is headquartered in Great Britain. Founded in 2015, the company has rapidly established itself as a key supplier of essential materials for various sectors, including steel, aluminium, and renewable energy. With major operational regions across Europe and North America, Ferroglobe is renowned for its high-quality silicon metal and ferroalloys, which are critical for enhancing the performance of steel and other alloys. The company’s commitment to innovation and sustainability sets it apart in the market, as it continually invests in advanced technologies and environmentally responsible practices. Ferroglobe's strategic position in the global supply chain is underscored by its notable achievements, including significant production capacity and a robust portfolio of products tailored to meet diverse customer needs.
DitchCarbon Score
How does Ferroglobe's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Precious Metal Reprocessing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Ferroglobe's score of 20 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ferroglobe's reported carbon emissions
In 2023, Ferroglobe reported total carbon emissions of approximately 2,000,000,000 kg CO2e, comprising about 923,000,000 kg CO2e from Scope 1 emissions and about 1,078,000,000 kg CO2e from Scope 2 emissions (market-based). This marks a significant reduction from 2022, where emissions were approximately 1,154,000,000 kg CO2e for Scope 1 and about 134,000,000 kg CO2e for Scope 2 (market-based). Over the past few years, Ferroglobe has demonstrated a commitment to reducing its carbon footprint. In 2021, the company reported total emissions of approximately 2,197,734,000 kg CO2e from Scope 1 and about 1,228,600,000 kg CO2e from Scope 2. This indicates a downward trend in emissions, particularly in Scope 1, which saw a reduction of about 1,274,000,000 kg CO2e from 2021 to 2023. Ferroglobe has not disclosed any specific reduction targets or initiatives through the Science Based Targets initiative (SBTi) or other climate pledges. The emissions data is sourced directly from Ferroglobe PLC, with no cascaded data from a parent or related organization. The company continues to focus on its operational efficiencies to further mitigate its environmental impact.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 3,248,196,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 2 | 2,479,290,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ferroglobe is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
