Novelis Inc., a leader in aluminum rolling and recycling, announced that its Yeongju Plant located in Gyeongsangbuk-do province, has been awarded the Performance Standard Certification by the Aluminum Stewardship Initiative (ASI).
This certification further strengthens the company’s ability to meet the increasing needs of its customers in Asia for independently certified, sustainable aluminum. In addition, it demonstrates Novelis’ broader commitment to sustainability and underscores its ambition to be the world’s leading provider of low-carbon, sustainable aluminum solutions that advance business, industry and society toward the benefits of a circular economy.
The ASI Performance Standard defines 59 environmental, social and governance principles and criteria, with the aim to address sustainability issues in the aluminum value chain.
The certification of Yeongju follows the recent ASI certification of seven plants in Novelis’ European manufacturing footprint. Novelis aims to achieve ASI certification for both the Performance Standard and Chain of Custody in all the regions in which it operates with a target of achieving the certifications by the end of calendar year 2022.
Recently, Novelis’ Yeongju Recycling Center announced that it has processed 120 billion aluminum cans since opening in 2012. The plant is the largest of its kind in Asia, with capacity to annually recycle 320,000 tons of aluminum.
Published in the August 2021 Edition
