Metlen Energy & Metals is a Greek conglomerate operating primary aluminium smelting, bauxite mining, alumina refining, and thermal power generation across Europe and globally.
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Metlen operates 2GW+ of gas generation while adding 826MW of new fossil capacity in 2024, undermining its -30% by 2030 absolute emissions target. Emissions disclosures rely on intensity metrics rather than absolute data. Third-party verified operations (EU ETS, ASI certification) exist, but public absolute figures remain opaque.
Metlen Energy & Metals scores 27/100 (Significant gaps) on SINK's independent climate assessment, scored from public data only. Fees pay for the review, never the result. Last verified August 2026.
That places Metlen Energy & Metals joint 683rd of 847 companies scored, and it is the only Metals & Smelting company scored so far.
Metlen Energy & Metals stands alone in this category.
Industry comparison data unavailable.
Its three lowest-scoring questions, and what the evidence didn't show.
Primary 2023 metric is intensity (>80% per million net profits), not absolute tonnes.
SBTi committed November 2021; no validated near-term or net-zero targets found in public record.
No third-party verification of Scope 3 found.
A score changes when the evidence does. We use new published evidence at the next rescore. Evidence that isn't public can count through an evidence review.
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Get in touch →Strongest on Controversies & Red Flags and Transparency & Accountability (8/10, 6/10). Weakest on Emissions Trajectory and Targets & Commitments (3/10, 3/10).
Metlen Energy & Metals's score has moved from 35 to 27 across 3 recorded reviews, down 8 points.
Direction-blind emissions retrieval (agent-fed): basis not-retrieved->disclosed, scale 0.7->0.7, score 27->27. Primary: Metlen 2025 Integrated Annual Report — ESRS E1-6 GHG table.
Re-classified Energy Supply / Utilities[55] -> Metals & Smelting[20]; score 35->27
Initial public score 35 (publish-draft)
The formula and all 14 sources.
Same ten questions for every company. No private weighting.
SINK = (0.3 × Base + 0.7 × Performance) × Scale14 sources used in this assessment. All publicly available. Each row shows which of the ten questions it informed.
“Continuation of actions supporting the achievement of the main climate target to reduce CO2 emissions (Scope 1 & 2) by 30% by 2030 (base year 2019)”
“Participates in the Emissions Trading Scheme (EU ETS), through the Metallurgy Business Unit (since 2005) and the Power & Gas Business Unit (since 2012).”
“The -15.5% absolute reduction, of direct and indirect CO2 emissions compared to base year 2019”
“For the 3rd consecutive year, MYTILINEOS has disclosed its Scope 3 emissions across all categories.”
“Currently, 15% of the water filtrate is discharged into the sea and the remaining is recycled.”
“Certification Period: 16.10.2023 - 15.10.2026...Bauxite mining activities of the European Bauxites site.”
“This will include specialist monitoring of aquatic fauna in the Gulf of Corinth close to the site.”
“MYTILINEOS is one of the first Greek industrial companies to commit to the SBT initiative.”
“Metlen has set as an overall target to reduce its total direct and indirect CO2t-eq emissions (Scope 1 & 2) by 30% by 2030 (versus 2019 baseline)”
“reduce the absolute emissions of the Metallurgy Business Unit by 65% and, respectively, the relative emissions by 75%...by 2030”
“At the end of 2024, Metlen's installed renewable energy sources (RES) capacity surpassed 1.4 GW”
“MYTILINEOS' total electricity generation will exceed 2,000 MW, not including production from Renewable Energy Sources”
“Check out all LobbyFacts data on METLEN Energy & Metals as extracted from the EU lobby transparency register.”
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Metlen Energy & Metals is a Greek conglomerate operating primary aluminium smelting, bauxite mining, alumina refining, and thermal power generation across Europe and globally. Listed on the Athens and London stock exchanges, it manages over 2GW of gas-fired capacity and ~1.4GW of renewables under development. One of Europe's largest bauxite producers.
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