GFG Alliance Ltd., a prominent player in the global industrial sector, is headquartered in Great Britain. Founded in 2014, the company has rapidly established itself across various operational regions, including Europe, Australia, and North America. Specialising in steel, renewable energy, and aluminium production, GFG Alliance is committed to sustainable practices and innovation. The company’s core offerings include high-quality steel products and renewable energy solutions, which are distinguished by their focus on sustainability and efficiency. GFG Alliance has achieved significant milestones, including the acquisition of key assets that bolster its market position. With a strong emphasis on environmental responsibility, GFG Alliance Ltd. continues to lead in the transition towards a greener economy, making it a notable force in the industry.
How does GFG Alliance Ltd.'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.
Mean score of companies in the Business Services 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.
GFG Alliance Ltd.'s score of 26 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, GFG Alliance Ltd., headquartered in Great Britain, reported significant commitments to reducing its carbon emissions, particularly focusing on Scope 1 and Scope 2 emissions. The company aims to achieve near-zero emissions for both scopes by 2025, reflecting a strong commitment to climate action. While specific emissions data for 2023 is not disclosed, the company has been tracking its energy intensity in the iron and steel sector, with a reported global energy intensity of approximately 21,270 kg CO2e per tonne in 2023. This figure indicates the company's ongoing efforts to monitor and improve its environmental impact. GFG Alliance's reduction initiatives are ambitious, targeting a near-zero reduction in Scope 1 emissions by 2025 and similarly for Scope 2 emissions. These targets are part of their broader strategy to align with industry standards and contribute to global climate goals. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. However, their proactive stance on Scope 1 and 2 emissions demonstrates a commitment to transparency and accountability in their climate strategy. Overall, GFG Alliance Ltd. is positioning itself as a responsible player in the iron and steel industry, with clear targets and a focus on reducing its carbon footprint in the near term.
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.
GFG Alliance Ltd. 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.