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GrafTech Earns Silver Medal from EcoVadis for Sustainability Performance

December 05, 2024 at 16:30 PM EST

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

GrafTech International Ltd. (NYSE: EAF) (“GrafTech” or the “Company”) today announced that it has earned a silver medal from EcoVadis, a global leader in business sustainability assessments. Awarded to the top 15% of companies that are assessed globally by EcoVadis, GrafTech’s rating is a reflection of the Company’s ongoing commitment to environmental, social, and governance (“ESG”) issues and promoting transparency throughout the value chain. This achievement demonstrates significant continuous improvement since receiving a bronze medal the previous year.

“At GrafTech, we understand we have an important role to play in effecting positive change and operating as a responsible corporate citizen,” said Timothy Flanagan, Chief Executive Officer and President. “We are proud to receive a silver medal from EcoVadis, which serves as recognition of the progress we continue to make regarding our ESG initiatives across our global network of manufacturing facilities and our contributions towards the sustainability of steel.”

The EcoVadis assessment evaluates 21 sustainability criteria across four core themes: environment, labor and human rights, ethics, and sustainable procurement. More than 130,000 companies globally have been rated by EcoVadis.

About GrafTech

GrafTech International Ltd. is a leading manufacturer of high-quality graphite electrode products essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals. The Company has a competitive portfolio of low-cost, ultra-high power graphite electrode manufacturing facilities, with some of the highest capacity facilities in the world. We are the only large-scale graphite electrode producer that is substantially vertically integrated into petroleum needle coke, our key raw material for graphite electrode manufacturing. This unique position provides us with competitive advantages in product quality and cost.