Paris, 29 August, 2019; 5:45 pm PRESS RELEASE

Eramet is committed to the climate!

As part of the new edition of the French Business Climate Pledge, the Eramet group is one of 99 companies that have responded to the MEDEF's call to confirm and widen their commitment to invest in low-carbon solutions and technologies.

To contribute to building the mining and metallurgical industry of tomorrow, Eramet has shown its commitment, through its CSR 2018-2023 roadmap, to thirteen concrete and measurable objectives, integrated into its global strategy.

One of the Group’s main objectives aims to reduce its energy and climate footprint, with a reduction of its carbon intensity of 26% by end-2023. This target meets the goal 13 of United Nations’ Sustainable Development Goals (SDGs) relating to combat climate change.

Among other things, this objective includes the conversion of the Doniambo (ferronickel production) oil-fired power plant in New Caledonia to LNG (liquefied natural gas) in 2023, as well as investments in renewable energies for some sites.

In addition to these operations, many operational levers have been identified that contribute to the reduction in greenhouse gas emissions at each site.

Our contribution to climate change also includes our strategic ambition to develop the critical metals that are key to the energy transition, including lithium and nickel, and the development of solutions for recycling these materials. 

Eramet is also working to implement the recommendations of the TCFD (Task Force on Climate-Related Financial Disclosures), which aims to encourage reliable and clear financial reporting that enables investors to take climate risks into account.

Through these action plans, the Group is committed to resolving the worldwide issue of global warming.

Calendar

23.10.2019: Publication of 2019 third-quarter sales

20.02.2020: Publication of 2019 annual results

ABOUT ERAMET

Eramet, a global mining and metallurgical group, is a key player in the extraction and valorisation of metals (manganese, nickel, mineral sands) and the elaboration and transformation of alloys with a high added value (high-speed steels, high-performance steels, superalloys, aluminium and titanium alloys).

The Group supports the energy transition by developing activities with high growth potential. These include lithium extraction and refining, and recycling.

Eramet positions itself as the privileged partner of its customers in sectors that include carbon and stainless steel, aerospace, pigments, energy, and new battery generations.

Building on its operating excellence, the quality of its investments and the expertise of its employees, the Group leverages an industrial, managerial and societal model that is virtuous and value-accretive. As a contributive corporate citizen, Eramet strives for a sustainable and responsible industry.

Eramet employs around 13,000 people in 20 countries with sales of approximately €4 billion in 2018.

For further information, go to www.eramet.com

Attachment

• CP_Climate pledge EV vdef