ASI certifies China Hongqiao Group Co., Ltd. subsidiary operation Binzhou Hongzhan Aluminium Technology Co., Ltd. against Performance Standard
China Hongqiao Group Co., Ltd. has achieved ASI Performance Standard V2 (2017) Certification for its subsidiary operation Binzhou Hongzhan Aluminium Technology Co., Ltd.
1 February 2023
China Hongqiao Group Co., Ltd. has achieved ASI Performance Standard V2 (2017) Certification for its subsidiary operation Binzhou Hongzhan Aluminium Technology Co., Ltd. The company’s activities focus on the research and development, production and sales of aluminium sheet, strip and foil, with an annual capacity of 50,000 tonnes.
Aluminium Stewardship Initiative (ASI) today announced that China Hongqiao Group Co., Ltd. has been certified against the ASI Performance Standard at its subsidiary Binzhou Hongzhan Aluminium Technology Co., Ltd. located in Binzhou City, Shandong Province, China. The company is mainly engaged in the research and development, production and sales of aluminium alloy rolled products, including transportation aluminium alloy materials, and high-precision aluminium plate and strip.
The ASI Certification program was developed through an extensive multi-stakeholder consultation process and is the only comprehensive voluntary sustainability standard initiative for the aluminium value chain. The ASI Performance Standard V2 defines environmental, social and governance principles and criteria, with the aim to address sustainability issues in the aluminium value chain. It sets out 59 criteria under the three sustainability pillars of Environment, Social, and Governance, which address key issues such as biodiversity, labour rights, Indigenous Peoples rights, and greenhouse gas emissions.
The independent, third-party audit of Binzhou Hongzhan Aluminium Technology Co., Ltd. was carried out by DNV Business Assurance Services UK Ltd.
“We congratulate China Hongqiao Group Co., Ltd. for achieving Performance Standard Certification at the Binzhou Hongzhan Aluminium Technology Co., Ltd. rolling facility. Innovation and new technologies can address key sustainability challenges, while addressing social and governance issues is also important via policy and management processes. ASI Performance Standard Certification demonstrates the company’s commitment on these issues as part of its ongoing sustainability journey.”
– Fiona Solomon, Chief Executive Officer at ASI
“Green and sustainability are the foundation of our development. For years, we at Binzhou Hongzhan Aluminum Technology Co., Ltd are committed to producing for the market low-carbon, high-quality products by using cutting-edged technology. Now, as we are certified by ASI Performance Standards, we will contribute more to the aluminum industry’s green development path. We will also keep on innovating and fully implement the requirements of high-quality development.”
– Li Zhenlai, General Manager, Binzhou Hongzhan Aluminium Technology Co., Ltd.
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