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Navigate – our plan for long-term sustainable growth
Gränges’ Navigate plan aims to build industry leadership and long-term sustainable growth. It leverages three accelerating megatrends – sustainability, electrification, and regionalization – to guide short and long-term work.
The Navigate strategy was crafted in 2022 to counteract the subdued financial performance following the pandemic and finish the significant investment programs between 2016 and 2020.
Three parts of Navigate
By completing the “Restore” phase in 2024, Gränges established a strong "foundation" for continued growth:
• Finalized investment program
• Restored performance
• Net-zero commitment
The “Invest” part of Navigate aims at high-return, low-risk capital investments in sustainable growth, with a focus on recycling, optimization and debottlenecking, new markets, and M&A and partnerships.
The “Build” part of Navigate aims to create a world-leading company in aluminium rolling and recycling. It’s based on Gränges’ business model and covers the areas Improve, Innovate & Grow, and Source Green & Recycle with People, Safety and Sustainability at the core.
Gränges’ financial targets were updated and the sustainability targets were supplemented in conjunction with the launch of the strategy.
Related content
Read more about Gränges’ strategy in the Annual and Sustainability Report 2024