Amsterdam rolled and extruded aluminium leader Constellium N.V. released its 2018 Business and Sustainability Report yesterday, reflecting the significant progress to sustainability goals the firm made last year.
Per the report, 2018 saw Constellium surpass the 50-percent threshold for independent third-party assessment of its annual supplier spending. Of that amount, 83 percent of the money spent on suppliers was tendered to firms that met or exceeded its sustainability standards.
In addition, Constellium said that 2018 saw the company make significant progress on its journey to ASI certification, with progress made at two of its plants to achieve certification.
Though Constellium identified several areas of progress, it also indicated areas in which more work is needed. The firm said it must refocus upon energy efficiency to achieve its goal of a 10-percent improvement upon energy usage from 2015’s baseline by the goal date next year, and reducing landfill waste to reach goals for next year will also require greater focus.
Constellium’s CEO Jean-Marc Germain highlighted his firm’s continued commitment to sustainability.
“Constellium has made great progress towards achieving its sustainability objectives. We are particularly proud of our achievements in promoting responsible purchasing policies and value chain collaboration, as we strive to ensure that sustainability is practiced at every step of our business. The Ecovadis Gold ranking for our corporate social responsibility practices and the recent Groupe PSA Awards in the ‘Corporate Social Responsibility’ category are true testaments to our commitment to sustainability.”
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.