ASI certifies Miranda Bike Parts against Performance Standard V3.1
The Entity designs, manufactures and assembles bicycle components including cranksets, chainrings and stems.
16 September 2025
Aluminium Stewardship Initiative (ASI) today announced that Miranda Bike Parts has been certified against the ASI Performance Standard V3.1 (2023). The Entity designs, manufactures and assembles bicycle components including cranksets, chainrings and stems, operating from a 28,600 m² facility in Águeda, Portugal.
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 V3 and ASI CoC Standard V2 were launched in May 2022 following a multi-year revision process. The ASI Performance Standard V3 defines 11 principles and 62 criteria under three sustainability pillars – Environment, Social, and Governance – with the aim to address pressing sustainability issues in the aluminium value chain, such as biodiversity, Indigenous Peoples rights, circularity, and greenhouse gas emissions. The 2022 Standards and related documents underwent a minor update in 2023, accounting for editorial changes, correction of minor errors and for general clarification, culminating in the release of Performance Standard V3.1 (2023) and Chain of Custody Standard V2.1 (2023).
The independent, third-party audit of Miranda Bike Parts was carried out by DNV Business Assurance Services UK Ltd. A full listing of audit findings is available in the summary audit reports, linked below. Six minor non-conformances were noted under Criteria 6.1a-f Emissions to Air, 9.1a-d Human Rights Due Diligence, 10.2a-c Child Labour, 10.7a-c Remuneration, 11.1a Occupational Health and Safety (OH&S) Management System and 11.1b-e Occupational Health and Safety (OH&S) Management System – Reviews and disclosure. Miranda Bike Parts will be implementing corrective actions, to be verified in a follow-up audit.
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