-40%
Our target for reducing our absolute CO2 emissions by 2035 (compared with 2019) on scopes 1 & 2

19%
reduction in CO2 emissions since 2019
(on a like-for-like basis)

100%
of our mining and metallurgical sites ISO 50001 certified

Learn about
scopes 1, 2, 3

Plant in Norway

Our response to climate change

In response to the climate emergency, Eramet has made the decarbonization of its activities a major priority. Its subsidiaries are implementing plans to reduce Eramet’s overall CO2 emissions by 40% by 2035 and to achieve carbon neutrality by 2050.

Our response to climate change is currently two-pronged: reducing the CO2 emissions of our activities (scopes 1 and 2) and supporting the global energy transition, via the metals we produce.

Our path to decarbonization

In 2023, the Carbon Disclosure Project (CDP) gave us a B rating. Since 2018, we have completed its Climate questionnaire every year.

Eramet is committed to reducing its CO2 emissions (scopes 1 and 2) by 40% by 2035 compared with 2019, and is aiming for carbon neutrality in 2050. This strategy was validated by the SBTi (Science-Based Target initiative) in 2021.

This target has been incorporated into our CSR commitments, and takes the form of a roadmap detailing the actions to be implemented over the coming years to decarbonize our operational activities.

Achieving this objective will require direct investment by Eramet of around 500 million euros between now and 2035, as well as substantial indirect investment by the Group’s partners.

Solar panels in Centenario, Argentina

Reduce the CO₂ footprint of our value chain

  • Reduce emissions per ton produced on scopes 1 & 2 to 0.221 tCO2/t
  • Metallurgy (>80% of scopes 1 & 2): Develop and validate path to Near Zero Alloys
  • Mine: Reduce by 10% the carbon footprint of our mining activities
  • Bring 67% (in terms of scope 3 emissions) of our suppliers and customers to commit to reduce their CO2 footprint in line with the Paris agreement

Scopes 1 and 2: managing our emissions

Our emissions control efforts are focused on three key areas:

  1. Energy sobriety and efficiency: reducing our demand for energy and fossil fuels.
  2. Decarbonizing our activities: decarbonizing the electricity we consume, mainly through solar power plants, and reducing the use of fossil carbon resources in our processes, in particular through the use of bioreducers.
  3. CO2 capture and storage (CCS) in partnership with other industry partners, and reusing CO2 as part of a circular economy (CCU) approach.

Our most recent projects include:

In Norway, the New Era ERU (Energy Recovery Unit) project generates both electricity and heat from the gases produced by the furnaces. The electricity generated is used in the furnaces, reducing the need for electricity.

In Senegal, GCO is developing a hybrid photovoltaic solar power plant. This 21 MW facility, coupled with battery storage capacity, will reduce the company’s reliance on fossil fuels for electricity generation by 2025.

In New Caledonia, a more efficient offshore oil-fired power plant is replacing the previous plant, which ceased operation in February 2023.

As part of our CSR roadmap, in 2024 we began industrial-scale testing at our plants in Moanda and Marietta. These biocarbon tests will continue in order to prepare for the substitution of fossil reducers by biocarbon.

Furnace in Norway

Elimination of fossil-based reductants

Carbon dioxide capture

Scope 3: engaging our customers and suppliers

Eramet has pledged that by 2025, two thirds of its customers and suppliers will have set an emissions reduction target that is compatible with the Paris Agreement. By the end of 2023, 46% of the Group’s suppliers and customers had made such a commitment.

In 2022, Eramet also launched an initiative aimed at introducing a program to raise employees’ awareness about climate change issues, and at stepping up its dialogue with key partners in order to build collective momentum for reducing greenhouse gas emissions.

Poignée de main entre un client et un fournisseur

Increasing cooperation with our customers

We are working closely with a growing number of customers, harmonizing our carbon accounting methodology, sharing data transparently and exchanging technical information. As part of this collaborative effort, some customers are helping Eramet to develop a blockchain-based traceability platform for commercial products. This platform will also provide transparent information on our performance in reducing our environmental impact.

Eramet plays an active role in climate-related discussions and decisions within national and international trade organizations, including chairing the Strategic Committee for the Mining and Metallurgy sector, acting as vice-chairman of the Minerals, Metals and Ores Alliance, participating as a member of the Cobalt Institute, sitting on the boards of the Nickel Institute and EuroAlliages. Eramet plays an active role in the industry’s decarbonization and Assessing low-Carbon Transition Iron & Steel working groups.