Elkem has engineered silicone release coatings in a wide range of formats, including solvent-based, water-dilutable emulsion formulations, solventless thermal and UV. The company has prioritized sustainability and the environment with its latest product enhancements. 

Elkem has been committed to developing its business in accordance with the UN Sustainable Development Goals and the Paris agreement. This is an important commitment to society at large, whereby Elkem will develop products consistent with a low carbon society. The goal is to minimize the environmental impact of these products.

For Elkem, sustainability is central to its business strategy. Fundamental to Elkem’s strategy is adhering to long-term megatrends – like sustainability, energy demand, urbanization, increased standard of living, aging and growing population, and digitalization. This will drive growth in demand for advanced materials, including silicones, silicon and carbon solutions.

For Elkem, increased attention on sustainability in society is a great opportunity, the company states. Elkem’s products are critical input factors to a vast number of applications that are necessary in sustainable solutions such as renewable energy, energy storage, mobility solutions, infrastructure improvements, digitalization and healthcare. The increasing demand for low-carbon technologies and products, such as solar panels, batteries and electrical vehicles, will therefore increase demand for several of Elkem’s product segment within silicones, silicon and ferro-alloys. 

Elkem has decided to focus on some key areas within sustainability, which are highligted in its materiality analysis. The accelerating need to understand the risks, opportunities and challenges and non-financial reporting influences Elkem’s sustainability work. Environmental, Social and Governance (ESG) has become an important acronym for the 2020s, and ESG is increasingly important among our stakeholders. Elkem needs a strong ESG profile and performance in order to meet expectations as we position for the future.