Elkem ASA – Elkem rated in top 1% on sustainability by EcoVadis

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Elkem has been awarded the Platinum rating on sustainability transparency from EcoVadis, one of the world’s largest and most trusted providers of business sustainability ratings. This positions Elkem among the top 1% of the companies evaluated worldwide.

“Sustainability is an integrated part of Elkem’s business strategy and this strong rating from EcoVadis is further evidence of our commitment to our customers, suppliers and the local communities where we have business activities. It highlights the responsibility we are taking both in our own operations and in the value chain. I would like to congratulate all my colleagues in Elkem globally for this acknowledgement of our efforts to improve our operations, management and organisation on sustainability. This is a team effort, and we take this rating as an inspiration to improve even further,” says Elkem’s CEO, Helge Aasen

The Platinum rating for 2022 is an upgrade from Elkem’s Gold rating in 2021. Elkem is rated as outstanding on the environment, advanced on ethics and sustainable procurement and good on labour and human rights. This rates the company as above industry average on all indicators.

Elkem will publish its annual report for 2021 – including its ESG report – on 16 March 2022.

In December 2021, Elkem launched its first TCFD report as an initiative to address the potential financial impact of climate risks and opportunities. Elkem also received a new, strong score of A- from CDP substantiating Elkem’s work as a global leader on climate change action.

In October 2021, the company launched its first global climate roadmap, aiming to reduce emissions towards net zero while growing supplies to the green transition.

For further information, please contact:

Odd-Geir Lyngstad
VP Finance & Investor Relations
Tel: +47 976 72 806
Email: odd-geir.lyngstad@elkem.com

Fredrik Norman
VP Corporate Communications & Public Affairs
Tel: +47 918 66 567
E-mail: fredrik.norman@elkem.com

About Elkem
Elkem is one of the world’s leading providers of advanced material solutions shaping a better and more sustainable future. The company develops silicones, silicon products and carbon solutions by combining natural raw materials, renewable energy and human ingenuity. Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health and personal care as well as smarter and more sustainable cities. With a strong track record since 1904, its global team of more than 7,000 people has a joint commitment to stakeholders: Delivering your potential. In 2021, Elkem obtained a Platinum score from EcoVadis, which rated the company among the world's top 1% on sustainability transparency, and the company achieved an operating income of NOK 33.7 billion. Elkem is listed on the Oslo Stock Exchange (ticker: ELK). www.elkem.com

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