ASI certifies China Hongqiao Group Co., Ltd. subsidiary operation against Performance Standard
Shandong Hongchuang Aluminum Industry Holding Co., Ltd., (along with its three wholly-owned subsidiaries) is mainly engaged in the research and development, production and sales of aluminum sheets, strips and foils.
20 December 2022
Aluminium Stewardship Initiative (ASI) today announced that China Hongqiao Group Co., Ltd. has been certified against the ASI Performance Standard at its subsidiary Shandong Hongchuang Aluminum Industry Holding Co., Ltd. (and its subsidiaries Binzhou Hongbo Aluminum Foil Technology Co., Ltd., Zouping Hongcheng Aluminum Technology Co., Ltd., and Zouping Hongzhuo Aluminum Co., Ltd.). The companies’ main products are aluminum sheets and strips, household foils, container foils, blister foil, decorative foils, etc., which are widely used in food and pharmaceutical packaging, architectural decoration, transportation and other fields. The companies have an annual production capacity of 200,000 tonnes of roll-casting plate, 200,000 tonnes of cold rolled plate and 120,000 tonnes of foils.
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 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 audits of Shandong Hongchuang Aluminum Industry Holding Co., Ltd. and its three subsidiary operations was carried out by DNV Business Assurance Services UK Ltd.
“We congratulate China Hongqiao Group Co., Ltd. for achieving Performance Standard Certification at Shandong Hongchuang Aluminum Industry Holding Co., Ltd. and its subsidiaries. As one of the largest aluminium producers worldwide, this first ASI Certification at China Hongqiao Group Co., Ltd.’s operations is significant for the ongoing scaling of industry commitment to responsible production practices. Several additional ASI Certifications are in the pipeline for China Hongqiao Group Co., Ltd. subsidiary operations, and we look forward to announcing these in due course.”
– Fiona Solomon, Chief Executive Officer at ASI
“Motivated by our long-term commitment to green development, Hongchuang always seeks innovation in technology and developing model. We are honored that Shandong Hongchuang Aluminum Industry Holding Co., Ltd. and its subsidiaries Binzhou Hongbo Aluminum Foil Technology Co., Ltd., Zouping Hongcheng Aluminum Technology Co., Ltd., and Zouping Hongzhuo Aluminum Co., Ltd. have been certified against the ASI Performance Standard. This opens for us a new page of green, low-carbon, environment friendly and sustainable development. We will fully implement the requirements of high-quality development, and continuously maintain the company’s first-mover advantage in the market competition.”
– Zhang Wei, General Manager, Hongchuang Holdings
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