European value-added aluminium firm Constellium NV released the 2020 Business and Sustainability Report earlier this week. The report details Constellium’s progress on several different goals, including sustainability and climate neutrality, which it hopes to achieve by mid-century.
Among other accomplishments, Constellium reported a significant drop in safety incidents, with recordable cases falling from 3.31 in 2016 to 1.82 last year. The firm was able to reduce greenhouse gas emissions last year as well, despite a fall in energy efficency. Constellium chalks up the missed energy efficiency goal to coronavirus and its effects upon the economy, and it has a plan to get operations back on track to meet future goals.
Constellium also notes ASI certification of its Singen and Neuf-Brisach plants as well as downstream operations at Dahenfeld and Gottmadingen. The firm exceeded recycling targets in the year, dropping waste production by a third since 2015.
Jean-Marc Germain, CEO of Constellium, expressed his happiness at his firm’s accomplishments in the face of the difficulties presented by the pandemic in a related press release.
“I am proud of our significant progress in 2020 despite the challenging environment of the COVID-19 crisis. Sustainability is at the core of our business, as Constellium benefits from the inherent attributes of aluminium, a light but strong metal that is fully and easily recyclable. Our Environmental, Social, and Governance strategy and roadmap for 2030 are taking shape, with initiatives to include offering additional responsible products, increasing recycling, and reducing greenhouse gas emissions and waste. I believe that this is an opportunity to meet societal expectations and play our part in the fight against climate change, and to add more value for our customers, our employees, and our shareholders.”
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%). Constellium produces rolled and extruded aluminium products from various alloys, bringing in €4.9 billion of revenue in 2020.