CERATIZIT Group

September 12, 2024

CERATIZIT advances in the implementation of its sustainability strategy

Initial Targets have been partially exceeded
CERATIZIT advances in the implementation of its sustainability strategy

Melissa Albeck, Member of the CERATIZIT Executive Board

CERATIZIT S.A., Mamer, Luxembourg (headquarters), 11 September 2024

 

CERATIZIT has made significant progress in implementing its ambitious sustainability strategy. The company presented its key performance indicators at AMB, the international exhibition for metalworking.

 

The recently published sustainability report of the Plansee Group, of which CERATIZIT is a part of, shows that some of the defined targets have been exceeded. CERATIZIT's sustainability strategy focuses on four key areas: sustainable product and technology innovation, material and resource efficiency in production, attractive working conditions, and the combination of ecological and social aspects in the supply chain.

 

CO2 footprint reduced by 22 percent

An important key performance indicator in the first phase is the corporate carbon footprint (CCF). In the 2023 financial year, CERATIZIT was able to reduce the CCF by 22 percent compared to the base year 2020, from 201,449 tonnes of CO2e to 156,988 tonnes of CO2e (Scope 1, 2 and 3). The company is therefore well on track to achieve its target of a 35 per cent reduction by the 2025 financial year.

 

Recycling rate exceeds targets

Another key performance indicator is the recycling rate for the primary raw material tungsten. The company was able to exceed the target of 90 per cent in 2023, with a recycling rate of 95 per cent. Andreas Lackner, Spokesman of the CERATIZIT Executive Board, emphasises: “In our sustainability strategy, we are focusing on those areas in which we can achieve the greatest impact. We not only want to become more sustainable, we also want to be a pioneer and role model in our industries.”

Melissa Albeck, Member of the CERATIZIT Executive Board, adds: “After initially focussing on reducing our carbon footprint and increasing the recycling rate for tungsten, we are now also increasingly focusing on the topics of attractive working conditions and ecological and social aspects in the supply chain.” Based on extensive surveys of employees and suppliers, CERATIZIT will be taking more measures in the coming months to guarantee attractive working conditions and ensure ecological and social aspects along the supply chain.

 

Closing the loop

At the AMB, CERATIZIT also presents the ProACT-Mill milling cutters, which not only offer up to 30 percent longer tool life, but were also developed on the basis of the more sustainable upGRADE carbide CT-GS20Y. This carbide grade is characterised by a proportion of over 99 percent reclaimed carbide powder and therefore conserves valuable raw material resources. With the ProACT-Mill products, CERATIZIT closes the loop that begins with the supply of raw materials by buying back and reprocessing worn carbide tools and continues right through to the finished tools. The company is thus setting an example for sustainable and resource-conserving production.

ProACT-Mill

The new ProACT-Mill UNI and UNImax performance solid carbide milling cutters are made from CT-GS20Y – CERATIZIT's most sustainable carbide grade to date. Thanks to the cutters' outstanding performance, users can increase their productivity while saving raw material

Additional information

The Plansee Group's sustainability report for the 2023 financial year can be downloaded from the following address: Sustainability Report

Press contact:

Parwez Farsan - PR Manager
CERATIZIT S.A.
101, Route de Holzem
LU-8232 Mamer
Luxembourg
+352 31 20 85-854
press@ceratizit.com

CERATIZIT – with passion and a pioneering spirit for hard materials

For over 100 years, CERATIZIT has been a pioneer in developing exceptional hard material solutions for machining and wear protection. The private company, with registered offices in Mamer, Luxembourg, develops and produces highly specialised cutting tools, indexable inserts, rods made from hard materials and wear parts. The CERATIZIT Group is the global market leader in various application segments and successfully develops new carbide, cermet and ceramic grades, such as for wood and stone working.

 

With 7,000 employees at 30 production facilities and a sales network with over 50 branches, CERATIZIT is a global player in the carbide industry. The company's international network includes subsidiary Stadler Metalle and joint venture CB-CERATIZIT.

 

The technology leader is continually investing in research and development and holds 1,000 patents. Innovative hard material solutions from CERATIZIT are used in various sectors, including mechanical engineering and toolmaking, in the automotive and aerospace industries and in the oil, gas and medical industries.