Constellium Achieves Aluminium Stewardship Initiative Certification for All Operations Worldwide

Rhea-AI Summary

Constellium SE (NYSE: CSTM) has achieved Aluminium Stewardship Initiative (ASI) Performance Standard Certification for all its operations worldwide and its Paris corporate office. This certification, based on ASI's latest Performance Standard Version 3.0, covers 11 principles addressing responsible production, sourcing, and stewardship in the aluminium value chain. European and North American operations are certified on all 11 principles, while Chinese operations are certified on the first four principles as material converters.

CEO Jean-Marc Germain emphasized that this achievement reflects Constellium's commitment to responsible business practices and sustainable aluminium solutions. The certification aligns with the company's recycling capacity and sustainability commitments, addressing customer and societal expectations. Constellium aims to reduce greenhouse gas emissions intensity by 30% by 2030 (vs. 2021) and increase recycled input to at least 50% by 2030.

Positive

• Achieved ASI Performance Standard Certification for all global operations
• Certified to the latest ASI Performance Standard Version 3.0
• Demonstrates commitment to responsible business practices and sustainability
• Aligns with customer and societal expectations for sustainable aluminium solutions
• Aims to reduce greenhouse gas emissions intensity by 30% by 2030
• Plans to increase recycled input to at least 50% by 2030

Negative

• None.

PARIS, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) today announced it has achieved Aluminium Stewardship Initiative (ASI) Performance Standard Certification for all its operations, and for its corporate office in Paris.

All operations are certified to ASI’s latest Performance Standard Version 3.0, which sets a new level of targets for responsible production, sourcing, and stewardship of the aluminium value chain. Operations in Europe and North America are certified on all the 11 principles of the Standard, addressing issues such as material stewardship, greenhouse gas emissions, waste and water management, biodiversity, governance, and labor and human rights. Constellium’s Chinese operations have been certified against the first four principles of the Standard as material converters.

“I am proud that Constellium has achieved ASI Certification across all of our operations," commented Jean-Marc Germain, CEO of Constellium. “This accomplishment reflects our strong commitment to responsible business practices and our dedication to delivering high-value, sustainable aluminium solutions. This certification, coupled with our recycling capacity and our sustainability commitments, is a step further to respond to the expectations of our customers and society."

“We warmly congratulate Constellium on committing their entire global portfolio to responsible practices via ASI Certification,” said Fiona Solomon, CEO of Aluminium Stewardship Initiative. “For the aluminium sector to lift performance as a whole, it relies on companies to consistently strive for better sustainability outcomes. Constellium’s achievement across all of its operations places it among leaders within the ASI membership. We look forward to continuing our collaboration towards shared 2050 goals.”

Constellium is a founding member of ASI. Prior to this certification, Constellium already certified its facilities in Singen (Rolling and Extrusion), Gottmadingen, and Dahenfeld, Germany and Neuf-Brisach, France against both the Performance and the Chain of Custody standards, and in 2023, received the ASI Performance Standard certificate for its plants in Muscle Shoals, AL, and Bowling Green, KY in the U.S., and in Děčín, Czech Republic.

Constellium has committed to reduce its greenhouse gas emissions intensity by 30 percent in 2030 versus 2021, and to increase its recycled input to at least 50 percent by 2030. Every year, the company transparently discloses its performance and results in its Sustainability Reports.

About Constellium

Constellium (NYSE: CSTM) is a global sector leader that develops innovative, value-added aluminium products for a broad scope of markets and applications, including aerospace, automotive and packaging. Constellium generated €7.2 billion of revenue in 2023.
www.constellium.com

Media Contacts
Investor Relations		Communications
Jason Hershiser		Delphine Dahan-Kocher
Phone: +1 443 988-0600		Phone: +1 443 420 7860
investor-relations@constellium.com		delphine.dahan-kocher@constellium.com

FAQ

What certification has Constellium SE (NYSE: CSTM) achieved for its global operations?

Constellium SE has achieved Aluminium Stewardship Initiative (ASI) Performance Standard Certification for all its operations worldwide and its Paris corporate office.

How many principles of the ASI Performance Standard are Constellium's European and North American operations certified on?

Constellium's operations in Europe and North America are certified on all 11 principles of the ASI Performance Standard Version 3.0.

What are Constellium's (NYSE: CSTM) sustainability goals for 2030?

Constellium aims to reduce its greenhouse gas emissions intensity by 30% by 2030 compared to 2021 levels and increase its recycled input to at least 50% by 2030.

How are Constellium's Chinese operations certified under the ASI Performance Standard?

Constellium's Chinese operations have been certified against the first four principles of the ASI Performance Standard as material converters.