Ceratizit targets CO2 neutral by 2025; net zero in 2040
CERATIZIT presented an ambitious sustainability strategy during AMB – The International Exhibition for Metalworking 2022 in Stuttgart, Germany. During the same event, CERATIZIT also won the MM Award for its SilverLine milling cutter made from the company’s CT-GS20Y GreenCarbide. As the goal of its sustainability strategy, the company aims to solidify its leadership in sustainability for the hard metal and cutting tool industry by 2025. In a CERATIZIT press conference, Executive Board Member Thierry Wolter announced the company’s sustainability goals, which will affect and change the entire supply chain. "Climate change is one of the greatest challenges of our time and requires the industry to rethink in many areas as well," Wolter said. “For CERATIZIT customers to also be able to produce more sustainably, we’ve set some aggressive targets for our own products and services. Our vision is to be the leader in sustainability in the hard metal and cutting tool industry by 2025.” CERATIZIT is initially focusing on three major levers to reduce its own carbon footprint quickly and significantly. A decisive factor is the increase in the use of secondary raw materials to over 95%. Compared to primary raw materials from ore, this processing requires 70% less energy and reduces CO2 emissions by 40%. A positive side effect is the safeguarding of the supply chain for raw materials, so that both customers and CERATIZIT benefit twice.