Report Shows Constellium On Track to Meet Most Sustainability Goals by 2020
21 June 2017 by Staff
Amsterdam’s Constellium N.V. released its annual Business and Sustainability Performance Report on Monday, boasting progress along almost all fronts that are on track to meet sustainability targets the firm set to be met by the end of the current decade.
Among those goals the company expects to meet are the increase of recycling levels of beverage cans. Overall, Europe is set to meet the 80% plateau for beverage can recycling by 2020 thanks to efforts undertaken by the aluminium industry as a whole. Beverage can recycling rates fell in the United States last year though, but a concerted effort among industry participants, coupled with a significant increase in recycling capacity at its plant in Alabama, are expected to turn the tide.
Constellium also reported progress in establishing the the Aluminum Stewardship Initiative (ASI) certification program, which it says will be available for review early next year.
Of the areas within which Constellium indicates it has fallen short are goals for reducing production waste sent to landfills, which was up year-on-year. The firm chalks up the increase to unidentified and unreported waste streams that were accounted for initially last year as well as one-off waste sent to landfills in 2016. The firm says it also did not meet the goal for improving energy efficiency, saying its 0.3% improvement over 2015 was less than sought due to ramp-ups and operational changes.
“At Constellium, we’re committed to integrating sustainability into the very heart of our business, where our efforts create value for our customers, our shareholders, our employees and the communities we proudly serve,” explained the Chairman of Constellium’s Sustainability Council and President of Constellium’s Packaging and Automotive Rolled Products business unit Arnaud Jouron.
Constellium, based in Amsterdam, was founded 1855 as Henri Merle et Compagnie and subsequently renamed Pechiney in 1950. Pechiney was purchased by Alcan in 2003, which was purchased by Rio Tinto in 2007. In 2011 Rio Tinto sold Alcan Engineered Products to Apollo Management (51%) and FSI (10%). The firm produces rolled and extruded aluminium products from various alloys. The firm brought in €4.7 billion of revenue in 2016.