Constellium Earns Corporate Social Responsibility Award From Groupe PSA

Constellium Earns Corporate Social Responsibility Award From Groupe PSA

Amsterdam rolled and extruded aluminium leader Constellium N.V. announced yesterday its acceptance of the Groupe PSA 2019 Supplier Award for the category of “Corporate Social Responsibility.”

In bestowing the award to Constellium, Groupe PSA said the firm has displayed a robust commitment to sustainability, gaining it recognition from many quarters, including sustainability rating agency EcoVadis, which assigned Constellium its premier rating of Gold for corporate social responsibility in the arenas of environmental, social, ethical, and supply chain sectors.

Groupe PSA said Constellium merited the award for its responsible supply chain policies and its energy efficiency program as well.

In comments delivered at the award ceremony, Groupe PSA executive vice president, Global Purchasing & Supplier Quality Michelle Wen elaborated upon Constellium’s continual efforts at boosting sustainability.

“This award recognizes Constellium’s dedication to continuously improve its sustainability performance. Constellium’s EcoVadis ranking has progressed regularly over the years, the company has demonstrated its commitment to a responsible supply chain, and is working to make Constellium more energy efficient, with a target of 10% improvement from 2015 to 2020.”

“We are honored and proud to receive this distinction from Groupe PSA, a longstanding partner,” commented Constellium’s Vice President Group Sustainability and Public Affairs Europe Catherine Athènes. “This award is a true testament of our commitment to sustainability, and in particular, our responsible purchasing efforts and value chain collaboration. We thank the Groupe PSA team for their continued trust and this vote of confidence.”

Groupe PSA and Constellium have a relationship of over two decades. Constellium has provided Groupe PSA with rolled aluminium and aluminium structural components for all its offerings.

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 €5.69 billion of revenue in 2018.