ME Elecmetal
Climate Impact & Sustainability Data (2024-Q1-Q2)
Reporting Period: 2024-Q1-Q2
Environmental Metrics
Total Carbon Emissions:30,307 tCO2eq (Scope 1+2)
Renewable Energy Share:34.6% of total electric energy consumed
Total Energy Consumption:730,033 GJ
Water Consumption:64.2 ML
Waste Generated:65,890 Mt
ESG Focus Areas
- Environmental Performance
- Diversity & Inclusion
- Health & Safety
- Circular Economy
- GHG Emissions Reduction
Environmental Achievements
- 95% recycled Metallic Raw Material (MRM) in production
- 42% of energy from electric energy, 35% from renewables
- Extremely low water consumption (close to 0%), 98% recirculated
- GHG emissions intensity of 0.53 tCO2eq/t in Scope 1
Social Achievements
- Diverse workforce with over 18 nationalities
- Focus on hiring more women across business lines
- Robust health and safety programs across all locations, including emergency drills and safety training
- Zero fatalities from work-related injuries or illnesses
Governance Achievements
- 49% of shares controlled by a non-profit organization (Fundación Educacional Claro Vial)
- Commitment to sustainability integrated into corporate strategy
- Implementation of a global diverse talent attraction and retention program
Climate Goals & Targets
Long-term Goals:
- Design and formalize the Corporate Circular Economy Business Model
Medium-term Goals:
- Measure ME Elecmetal’s GHG emissions, establishing a baseline for all operations and defining corporate reduction goals
Short-term Goals:
- Design and implement a global diverse talent attraction and retention program
Environmental Challenges
- Gender gap in workforce
- Reducing natural gas consumption in Chile
- Increasing the supply of certified renewable sources
- Developing more self-generation projects
Mitigation Strategies
- Initiatives to promote the hiring of more women
- Implementing Energy Efficiency Management System (ISO 50001) in Chile
- Increasing the supply of certified renewable sources (via RECs & I-RECs)
- Developing more self-generation projects
Supply Chain Management
Responsible Procurement
- Purchasing recycled Metallic Raw Material from third parties