Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

EMR has set up a sustainable business strategy to become carbon neutral by 2040. The company aims to significantly reduce the carbon footprint across its operations by 2040.


The Decade of Action plan sets forth a roadmap for significant progress by 2030 with a net-zero goal by 2040. The goals are broken down into energy usage, movement of people and materials handling.


Under the energy usage program, renewable energy management systems will be implemented by 2030 at all sites with a 10pc improvement in total kilowatts per hour per ton produced from a 2020 baseline. The first phase will be implemented at 30pc of sites by 2023 with the second phase reaching 60pc of sites by 2026.


Material handling equipment and heavy vehicles will transition to 20pc powered by electric, hybrid, fuel or bio-fuel sources. Fleet vehicles of light commercial units will be 100pc transitions to electric vehicles while 50pc of heavy goods vehicles will be transitioned to electric options by 2030. 


Chris Sheppard, chief executive officer of EMR Group, said that decarbonization is key to the green recovery of the global economy that will provide jobs and drive investments while meeting necessary global climate objectives. 


EMR recycles approximately 10mn of metals, including ferrous and nonferrous, and plastics annually which saves about 10mn nt in carbon dioxide production compared to the virgin equivalent. Recyclable materials in new production saves 50-90pc of the energy and water consumed to create the same product from non-recycled raw materials. 

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