RHI Magnesita receives highest rating in the refractory industry for climate risk management and carbon
disclosure Carbon Disclosure Project (CDP) awards global market leader with B rating
Wien
(OTS) - RHI Magnesita, the leading global supplier of refractory products, systems and solutions, was
honoured to receive a B for addressing climate risk and tackling carbon emissions in the newly released
Carbon Disclosure project (CDP) ratings. This global environmental disclosure system is widely recognised
as the gold standard of corporate environmental transparency. CDP scoring ranges from D- to A. RHI
Magnesita’s Management Level rating is the highest in the global refractory industry. Building on a C
rating (Awareness Level) in 2019, the company has improved rapidly.
“We are honoured by this
recognition,” said Stefan Borgas, Chief Executive Officer. “As a technology leader, we are committed to
driving the transformation of our business in all areas. Tackling carbon emissions and climate risk as
well as identifying low-carbon opportunities are of utmost importance to us.”
Examples of RHI
Magnesita’s commitment to address carbon emissions include:
ANKRAL LC: Ankral LC is the
company’s low-carbon series of refractory bricks with a 13% reduced carbon footprint that is
independently verified. Reduction of emissions: RHI Magnesita’s commitment to reduce emissions
by 15% by 2025 is the first target of its kind in the whole refractory industry. Recycling
programme: RHI Magnesita’s recycling programme will include 10% secondary raw materials in
refractories by 2025, that not only reduces carbon emissions but also enables the company to build a
circular economy. Customer support: Supporting customers is central to RHI Magnesita.
Therefore, working on tailor made solutions to reduce carbon emissions of its customers is of great
importance to the company. Corporate Sustainability Committee: RHI Magnesita established a
committee with the sole purpose to ensure and improve the company’s environmental performance. The Board
oversees the work of this Committee.