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Feralpi Group among European Climate Leaders for the third consecutive year

2 May 2024
in Business, Insights
Reading Time: 2 mins read
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Feralpi Group has once again been recognized as one of the leading Italian players in the steel industry committed to fighting climate change. For the third consecutive year, the company has been included in the 2024 list of European Climate Leaders, a publication curated by the Financial Times in collaboration with Statista.

This recognition comes at a time when only 49 out of the 600 European companies committed to reducing greenhouse gas emissions are Italian. Furthermore, only four of these operate in the construction and building materials sector, with Feralpi standing out.

According to the conducted analysis, Feralpi Group achieved a Compound Annual Reduction Rate of 14.6% in Scope 1 and Scope 2 emissions from 2017 to 2022. Overall, core emissions were reduced by 9.2% during the same period.

Feralpi Group’s commitment to environmental sustainability is reflected in several innovative strategies. The company is investing in the electrification of production processes and the development of internal renewable energy sources. Additionally, it is progressively reducing the use of fossil fuels.

Giuseppe Pasini, President of Feralpi Group, commented on the company’s inclusion in the list of European Climate Leaders for the third consecutive year: “Being recognized as a leader in the fight against climate change by the Financial Times is a clear indication of our concrete and continuous commitment to promoting environmental sustainability. Our priority remains the production of high-quality steel with the least possible impact on the environment. This further recognition once again confirms the validity of our path towards decarbonization, with the aim of generating long-term value for all our stakeholders.”

Feralpi Group’s inclusion in the list of European Climate Leaders demonstrates the company’s commitment to pursuing a sustainability-driven business strategy. The company continues to work towards reducing greenhouse gas emissions and contributing to the fight against climate change, showing that it is possible to reconcile economic growth and environmental protection.
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© 2024 Gardanotes is the English version of Gardanotizie, the first online daily of Lake Garda. Registered with the Tribunal of Brescia, No. 35/2000 (16/06/2000). Director: Luca Delpozzo.

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