Eramet

  • Sector: Mining and Metals
  • Headquarters: France

Review summary

Eramet submitted its act4nature commitments , 2023 Universal Registration Documentation and CSR roadmap to the It’s Now for Nature campaign and met all the review criteria to take part into the campaign.

Reviewed October 2024

  • Eramet has carried out its first double materiality exercise, identifying and rating the Impacts, Risks and Opportunities (IROs) of the main ESG issues. ​
  • Biodiversity and climate change are two priority topics, with high impact and financial materiality.​
  • The biodiversity footprint analysis reveals that mining has the greatest impact on biodiversity, primarily due to land transformation and land use. Greenhouse gas emissions are the second-largest contributor, followed by water consumption.

  • Eramet has set a 2035 commitment to deliver a net positive impact on biodiversity.​
  • For 2026 as part of its act4nature commitments, Eramet has set SMART targets for: Governance, strategy, impact mitigation,  biodiversity conservation and awareness raising.​
  • For example:
    • 100% of mining sites have a Biodiversity Action Plan in line with IFC Performance Standards​
    • 100% of sites with a water management plan and full water discharge monitoring
    • Eramet is aiming for carbon neutrality in 2050 validated by the SBTi.

  • Eramet has concrete actions to meet its targets. 
  • For example:
    • The Group unveiled a new CSR Roadmap, ‘Act for Positive Mining‘, with objectives defined over three years, consisting of both a quantitative and a qualitative approach to the management of biodiversity. All Group mining sites must update their biodiversity action plans within three years. Plans must comply with IFC performance standard 6 on biodiversity.
    • The company prioritizes water recycling and reducing reliance on freshwater where possible.

  • Biodiversity  commitments have been reviewed and approved by the Executive Committee. They are signed by the Eramet CEO.​
  • The CSR Strategy Committee is made up of directors tasked with assisting the Board of Directors and, in particular, with evaluating the consistency between the CSR action plans and the Group’s strategy.