Elvalhalcor Sustainability Profile
ElvalHalcor S.A., a prominent player in the aluminium and copper industries, is headquartered in Greece (GR) and operates extensively across Europe and beyond. Founded in 1970, the company has established itself as a leader in the production of high-quality aluminium and copper products, catering to diverse sectors such as construction, automotive, and energy. ElvalHalcor is renowned for its innovative solutions, including aluminium sheets, foils, and copper tubes, which are distinguished by their superior quality and sustainability. The company’s commitment to research and development has led to significant advancements in product performance and environmental responsibility. With a strong market position, ElvalHalcor has achieved notable milestones, including strategic partnerships and expansions that enhance its global footprint.
DitchCarbon Score
How does Elvalhalcor'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 Aluminium Mining 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
Elvalhalcor's score of 17 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Elvalhalcor's reported carbon emissions
In 2023, ElvalHalcor, headquartered in Greece (GR), reported total carbon emissions of approximately 3.0 billion kg CO2e. This figure includes Scope 1 emissions of about 136.9 million kg CO2e and Scope 2 emissions of approximately 171.2 million kg CO2e. Notably, the company has set ambitious targets to reduce its operational emissions by 30% by 2030 from a 2020 baseline, specifically targeting both Scope 1 and Scope 2 emissions. ElvalHalcor's commitment to sustainability is further underscored by its long-term goal to continuously reduce carbon emissions through the implementation of specific procedures and actions, extending to 2050. This commitment reflects a proactive approach to climate change, aligning with industry standards for carbon management. The emissions data for ElvalHalcor is cascaded from its parent company, Elvalhalcor Hellenic Copper and Aluminium Industry S.A., ensuring a comprehensive understanding of its environmental impact. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct operational emissions at this stage.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 351,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 477,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - |
How Carbon Intensive is Elvalhalcor's Industry?
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Elvalhalcor's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Elvalhalcor has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
