Ferroglobe Sustainability Profile
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 23 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 2,001,214,000 kg CO2e, comprising 922,982,000 kg CO2e from Scope 1 and 1,078,322,000 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2022, where emissions were about 1,153,852,000 kg CO2e for Scope 1 and approximately 134,459,000 kg CO2e for Scope 2, totalling around 1,288,311,000 kg CO2e. Over the past few years, Ferroglobe has demonstrated a commitment to reducing its carbon footprint. In 2021, the company reported total emissions of about 3,426,334,000 kg CO2e, indicating a downward trend in emissions over the subsequent years. However, there are currently no specific reduction targets or initiatives disclosed, such as those aligned with the Science Based Targets initiative (SBTi). Ferroglobe's emissions data is not cascaded from any parent company, and all reported figures are directly from Ferroglobe PLC. The company continues to focus on its climate commitments, although specific pledges or targets have not been outlined in the available data.
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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 | - | - | - | - | - | - |
How Carbon Intensive is Ferroglobe's Industry?
How Carbon Intensive is Ferroglobe's Location?
Ferroglobe'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.
Ferroglobe 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.
