Granges AB

Common Name
Granges
Country
Sweden
Sector
Basic Materials
Industry
Aluminum
Employees
2,700
Ticker
GRNG
Exchange
NASDAQ STOCKHOLM AB
Description
Gränges AB is a leading global manufacturer of advanced aluminum products, focusing primarily on rolled aluminum for the automotive and other transport-related industries. The company is recognized fo...

Granges's Climate Target Data Preview

As of 2024, Granges has disclosed 10 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 8 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Granges ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Product Produced/Manufactured
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2025
Intensity-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Product Produced/Manufactured
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2025
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Product Produced/Manufactured
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2025
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Product Produced/Manufactured
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2030
Intensity-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Product Produced/Manufactured
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2030
Intensity-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Product Produced/Manufactured
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2030
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Product Produced/Manufactured
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2030
Intensity-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Product Produced/Manufactured
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2040

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Granges's Greenhouse Gas Emissions Pathways

As of 2024, Granges has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Granges have a target to reduce the emissions from its operations?

As of 2024, Granges has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Granges's most ambitious operational target is to reduce these emissions by 90% by 2040, compared to a baseline of 435,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

As of 2024, Granges is ahead of schedule on its operational emissions reduction target, having achieved 27.59% of the planned reduction.

Granges's Operational (Scope 1+2) Emissions Pathway

20212024203020400150 k300 k450 k600 kBaselineCurrent (-25%)Target 2030 (-42%)Target 2040 (-90%)

Does Granges have a target to reduce the emissions from its value chain?

As of 2024, Granges has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

Granges's most ambitious value chain target is to reduce these emissions by 97% by 2040, compared to a baseline of 8.5 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Product Produced/Manufactured in 2021.

As of 2024, Granges is ahead of schedule on its value chain emissions reduction target, having achieved 19.4% of the planned reduction.

Granges's Value Chain (Scope 3) Emissions Pathway

2021202420302040036912BaselineCurrent (-19%)Target 2030 (-57%)Target 2040 (-97%)

Does Granges have a target to reduce its total carbon footprint?

As of 2024, Granges has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

Granges's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 11.6 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Product Produced/Manufactured in 2017, by 65% by 2030.

As of 2024, Granges is on track to meet its total carbon footprint reduction target, having achieved 53.85% of the planned reduction.

Granges's Carbon Footprint (Scope 1+2+3) Emissions Pathway

2017202420252030036912BaselineCurrent (-35%)Target 2030 (-65%)
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