Constellium Plans 25 Percent Cut In Greenhouse Gas Emissions By 2025

Constellium Plans 25 Percent Cut In Greenhouse Gas Emissions By 2025

Yesterday Amsterdam rolled and extruded aluminium leader Constellium N.V. released its sustainability report for the previous year, noting goals met and standards set by the firm toward increased sustainability in 2019 and beyond.

Constellium’s 2019 Business and Sustainability Report details several milestones achieved by the firm, including receiving ASI certifications for one plant last year and provisional certification of a second plant earlier this year, a 2-percent improvement in energy efficiency over 2018, and a 7-percent drop in material sent to landfills as compared to the prior year.

The firm also revealed its target for greenhouse gas reduction for the coming years, setting for itself a goal of a 25-percent reduction in GHG in 2025 from 2015 baseline levels.

Constellium’s CEO Jean-Marc Germain expressed satisfaction regarding the firm’s progress to date in a related press release.

“I am delighted by our significant progress. Achieving our Ecovadis Platinum ranking for corporate social responsibility practices and our ASI certifications are true testaments to our commitment to sustainability. I am particularly proud of our achievements in improving our energy efficiency, which is at the heart of our efforts to limit our carbon footprint and reach our 2025 GHG target.”

In addition, Constellium said 2019 saw the firm cut on-the-job injury rates to 2.40 last year, below its target of 2.61 and significantly below the industry’s average. The firm has promoted sustainability from its suppliers as well, and to date about two-thirds of Constellium’s suppliers have been assessed regarding their sustainability practices.

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 €5.9 billion of revenue in 2019.