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ElvalHalcor has published its first Task Force on Climate-Related Financial Disclosures (TCFD), with the aim to accelerate the company’s decarbonization efforts and increase its accountability and transparency among its stakeholders. ElvalHalcor’s TCFD report highlights the company’s approach on climate -related risks and opportunities, as well as its strategy and performance.

The TCFD recommendations were introduced with the objective of promoting standardized and comparable reporting by companies to their stakeholders on the risks and opportunities related to climate change. These recommendations are based on four primary areas, Governance, Strategy, Risk Management, and Metrics & Targets, and include eleven recommendations that outline the necessary disclosures under each of these areas. ElvalHalcor's TCFD report covers all four areas and includes information on all eleven recommendations.

Recognizing the current challenges on climate change, energy efficiency and circular economy, ElvalHalcor is committed to manage and tackle climate change by continuously reducing its carbon emissions and environmental footprint through various initiatives. ElvalHalcor has also published information regarding its sustainability practices across various other areas, as part of its 2022 Sustainability Report.

ElvalHalcor, is committed to sustainable development, incorporating targeted investment and an outward looking strategy. By addressing contemporary issues like climate change, energy conservation, and the circular economy, the company leverages the exceptional properties of aluminium and copper. Through this, ElvalHalcor delivers sustainable solutions and products, emphasizing technology and quality, thereby generating value for shareholders and all stakeholders.

Please read ElvalHalcor’s TCFD report here.