As a Founding Partner of the Aluminium Stewardship Initiative (ASI),
Constellium Is Delighted to Welcome Some of Its Key Customers Audi,
BMW Group and Rexam as New Members
PARIS -- (Marketwire) -- 03/01/13 -- As a founding partner of
the Aluminium Stewardship Initiative (ASI), Constellium is delighted
to welcome some of its key customers AUDI, BMW Group and Rexam as new
As part of its active sustainable development strategy, Constellium
has engaged into a holistic approach in this domain and has strongly
contributed to create the Aluminium Stewardship Initiative that was
launched in September 2012.
The Aluminium Stewardship Initiative is a unique aluminium value
chain program that will define and deliver the first global
standard for aluminium sustainability. Under the coordination of
the IUCN (International Union for Conservation of Nature), it was
initiated by leading players on their respective markets:
AMAG/Constancia Flexibles, Amcor Flexibles, Constellium, Nespresso,
Rio Tinto Alcan and Tetra Pak.
The ASI Standard will define environmental, social and governance
criteria that can be applied to all stages of aluminium production and
transformation. It will also consider how recycling and material
recovery from products that contain aluminium can contribute to
improving the metal's efficiency and minimising its environmental and
social footprint. The ASI Standard will be supported by a Chain of
Custody system, which will aim to assure the provenance of aluminium.
"Sustainability is becoming more and more a driver of decisions in
our industry, in particular in the fields of customer requests,
economic balance, public affairs and internal and external
communications. It is becoming a "licence to operate"", stated
Laurent Musy, Chairman of the Constellium's Sustainability Council.
"Our first priority was to expand the initial group of founders
and invite new industry players. We are happy that new prominent
companies among which some key customers of Constellium have
responded and are now joining and we encourage more of our customers
Constellium is already deeply committed to environmental protection
and resource preservation. Thanks to unique advanced recycling
capabilities, the company is acting through many initiatives with
business partners in the packaging, automotive or aerospace
Constellium, formerly Alcan Engineered Products, is a global sector
leader that develops innovative, value added aluminium products and
solutions for a broad scope of markets and applications, including
aerospace, mass transportation, automotive, packaging and energy.
With over 9,000 employees Constellium is structured in 3 divisions:
Global Aerospace, Transportation and Industry (Global ATI);
Specialty Sheet; Extrusions & Automotive Structures. Constellium,
with headquarters in Paris, is owned by affiliates of Apollo Global
Management (51%), Rio Tinto (39%) and the "Fonds Strategique
d'Investissement" FSI (10%). Constellium generated EUR3.6 billion
of revenue in 2012.
Constellium ASI: http://hugin.info/151297/R/1682565/550426.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Constellium via Thomson Reuters ONE
Phone: +33 1 73 01 46 73
CLAI Media relations
Phone: +33(0)1 80 50 53 11
Press spacebar to pause and continue. Press esc to stop.