World’s leading manufacturer of graphite electrodes GrafTech has recently published Sustainability Report for 2021 featuring environmental, social, and governance efforts and initiatives. GrafTech Chief Executive Officer Mr Marcel Kessler in an update to stakeholders said “We are committed to health and safety excellence and promoting the well-being of our people. We continuously strive to improve our safety performance by focusing on programs and initiatives that hold all employees-from executives to the plant floor-accountable for keeping everyone safe, every day. I am very proud of the dedication of our team as we work to reach our ultimate goal of every employee going home safely every day.”He added “Overall, we are proud of the progress we made across the organization towards our ESG initiatives in 2021. In addition to our safety initiatives, we undertook activities as varied as our community involvement and outreach efforts at several of our sites, our use of captured heat to reduce our fuel consumption, and our emissions reduction efforts that include capital investments and advanced engineering technology on the equipment at our sites. Using these projects as a roadmap, we are fully committed to advancing these efforts across our global organization.”EAF steelmaking is more environmentally friendly than blast furnace steelmaking, generating significantly less carbon dioxide emissions compared to a blast furnace facility. On average, the cost of graphite electrodes represents less than 5% of the total production cost of steel in a typical EAF, but they are essential to EAF steel production. Importantly, EAF steelmaking is more environmentally friendly than blast furnace steelmaking: the EAF method produces approximately 25% of the carbon dioxide emissions of a blast furnace facility with competitive advantages in product quality and cost. Petroleum needle coke is the key raw for production of graphite electrodes. Founded in 1886, GrafTech is a leading manufacturer of high-quality graphite electrode products essential to the production of EAF steel and other ferrous and non-ferrous metals. Headquartered in Brooklyn Heights, Ohio, GrafTech has more than 1,350 employees globally, with manufacturing facilities and sales offices operating in ten countries in 2022, while serving customers in over 50 countries.