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 15 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ferroglobe's reported carbon emissions
In 2023, Ferroglobe reported total carbon emissions of approximately 2,000,000 kg CO2e, comprising about 923,000 kg CO2e from Scope 1 and about 1,078,000 kg CO2e from Scope 2 emissions. This marks a significant reduction from previous years, particularly from 2022, where total emissions were around 3,212,000 kg CO2e, with Scope 1 at approximately 1,154,000 kg CO2e and Scope 2 at about 1,184,000 kg CO2e. Ferroglobe has demonstrated a commitment to reducing its carbon footprint, achieving a notable decrease in emissions over the years. For instance, in 2021, the company reported total emissions of about 3,426,000 kg CO2e, which indicates a downward trend in their emissions profile. However, there are currently no specific reduction targets or initiatives disclosed under the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data reflects its ongoing efforts to address climate change, although further commitments and detailed reduction strategies would enhance its sustainability profile.
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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 committed to any reduction initiatives 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.
