- ALRO confirms its industry-leading sustainable and responsible business practices by successfully achieving the prestigious Aluminium Stewardship Initiative organization (ASI) certification;
- In obtaining this most important sustainability certification for the aluminium industry at the global level, the audit examined ALRO’s Sustainability Report and Strategy documents as part of the overall assessment of the Company’s sustainability performance;
- An independent third-party company, a prestigious certification body – DQS-CFS (Germany), performed the audit of ALRO’s operations against ASI Performance Standard criteria;
- The certificate by ASI to ALRO is the first one issued in Europe based on ASI Performance Standard V3 (Version 3, the latest version available, published in May 2022).
Slatina, 31 January 2023 – ALRO S.A. (BSE: ALR, “the Company” or “ALRO”), one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, announces that the Company has achieved ASI Performance Standard V3 (May 2022) Certification at its Slatina, Romania operations. The certification covers, as mentioned within the official document received by the Company: “The manufacture and sale of aluminium alloy slabs, billets, wire rod, plates and sheets obtained by casting, hot rolling, homogenization, heat treatment, mechanical processing, finishing, and testing for industrial applications, aerospace, automotive and defense industry in location ALRO S.A., Str. Pitesti, No. 116, 230048 Slatina, Olt County and ALRO S.A., str. Milcov No. 1, 230077 Slatina, Olt County, Romania”.
The ASI Certification program was developed through an extensive multi-stakeholder consultation process and is the only comprehensive voluntary sustainability standard initiative for the aluminum value chain. The ASI Performance Standard V3 defines environmental, social and governance principles and criteria to address sustainability issues in the aluminum value chain. It sets out 62 criteria under the three sustainability pillars of Governance, Environment and Social, which address key issues such as biodiversity, Indigenous Peoples’ rights, and greenhouse gas emissions.
“This prestigious certification from ASI confirms our sustainability progress over the past years. Our focus on sustainable business practices started more than 20 years ago when we invested massively in state-of-the-art state equipment and energy efficiency to improve our operations. Starting in 2017, we have been reporting our sustainability performance voluntarily through a Consolidated Sustainability Report. Moreover, in 2021 we published a Sustainability Strategy for 2021-2025. Several awards recognized our progress as our Sustainability Report is considered one of the best on the Romanian Capital Market”, said Marian NĂSTASE, Chairman of the Board of Directors, ALRO.
ALRO became a member of ASI in December 2020. During the past two years, the Company implemented the ASI Performance Standard’s V3requirements and underwent a complex certification process in the last quarter of 2022.
The Company’s Sustainability Report and Strategy stand as essential documents for communicating and ensuring the traceability of the Company’s sustainability performance. Moreover, during the past years, ALRO’s Sustainability Reports have received the “Best Sustainability Report” prizes during ARIR (The Romanian Investor Relations Association) Annual Gala. Based on eight criteria, an independent jury panel judges the best sustainability reports on the Romanian Capital Market since 2020. In 2022, ALRO ranked, for the 3rd year in a row, in the top two places in this prestigious category.
Marian-Daniel NĂSTASE Gheorghe DOBRA
Chairman of the Board of Directors Chief Executive Officer
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