A solid proof of the strategic commitment to Sustainable Growth
Athens, Greece – 16 November 2021 – MYTILINEOS (RIC: MYTr.AT, Bloomberg: MYTIL.GA, ADR: MYTHY US) through its Metallurgy Business Unit, has been certified with the ASI Performance Standard for its upstream activities, including bauxite mining, alumina refining, aluminium smelting and casting.
Aluminium Stewardship Initiative (ASI) is a global, multi-stakeholder, non-profit standards setting and certification organization, that has developed an independent certification program to ensure that the principles of Sustainability, Corporate Social Responsibility, Governance and Human Rights are increasingly integrated into the production, use and recycling of aluminum.
Specifically, ASI announced that MYTILINEOS has been successfully certified against the ASI Performance Standard for the responsible production, sourcing and stewardship of aluminium having as scope the following:
Dimitris Stefanidis, General Manager of MYTILINEOS’ Metallurgy Business Unit said: “We are very proud to obtain the certification of ASI Performance Standard, as it verifies our hard work and commitment to our Sustainable Development Strategy. MYTILINEOS’ ambitious goal is to evolve in a global benchmark for Green Metallurgy by committing to reduce the absolute emissions of the Metallurgy Business Unit by 65% and, respectively, the relative emissions by 75% (as measured per ton of aluminium produced) by 2030. We are confident that we can achieve those targets and ASI’s Performance Standard Certification proves our responsibility and efficiency”.
Fiona Solomon, Chief Executive Officer at ASI said, “We warmly congratulate MYTILINEOS on achieving this Certification for their full upstream value chain from bauxite mining to aluminium smelting and casting at its Metallurgy Business Unit. The company has rightfully set its sights on reducing its carbon footprint – a challenge facing the entire aluminium sector – and its ASI Performance Standard Certification demonstrates that its operations also meet the highest industry standards for broader ESG issues.”
The ASI Certification program was developed through an extensive multi-stakeholder consultation process and is the only comprehensive voluntary sustainability standard initiative for the aluminium value chain. The ASI Performance Standard defines environmental, social and governance principles and criteria, with the aim to address sustainability issues in the aluminium value chain. It sets out 59 criteria under the three sustainability pillars of Governance, Environment and Social, which address key issues such as biodiversity, human rights and greenhouse gas emissions.