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Decarbonization Drive: Ferrexpo's Fortitude & Fluctuating Emissions
In 2024, Ferrexpo reduced its Scope 1 emissions by 9% per unit, despite a 42% increase in absolute emissions due to higher production levels. The company faced challenges as its Scope 2 emissions surged by 102% due to reliance on imported electricity, which is often carbon-intensive. Ferrexpo is committed to sustainability, exploring alternatives like sunflower husks to reduce emissions and improve operational efficiency while navigating the complexities of the Ukrainian energy landscape.
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