We shift climate
Our goal: Halve the CO2 impact
We will deliver on our commitments to reduce our climate impact. We are aiming to shift mindsets and outcomes in our own business, for our customers and with our suppliers to help reach our targets.
Yearly targets for energy efficiency improvements are defined and followed up on by all divisions. Among the initiatives are a clean electricity supply initiative with Purchase Power Agreements and green certificates, vehicle electrification and efforts to reduce our transport impact. The launch of a new battery loader will reduce heat and emissions for our mining customers. In two years (2017–2019), we have reduced the airfreight for rock tools, cutting CO2 emissions by 40 percent. New electrical furnaces in the mining operations reduce energy consumption. By changing to a more energy-efficient lime in our steel mill in Sandviken, we were able to achieve an indirect reduction of 5,800 tons of CO2 per year. All Sandvik Coromant sites are part of the “Green Factory” vision to reduce carbon emissions. Scope 3 emission monitoring in areas such as transportation of products and people was initiated. Biogas was used for the first time in the steel mill and hot rolling production in Sandviken, Sweden.