ASI certifies China Hongqiao Group Co., Ltd. subsidiary operation Zouping Hongfa Aluminium Technology Co., Ltd. against Performance Standard
The two plants, a microcosm of a circular economy, contribute to the efficient use of materials by returning scrap material into new rolled products.
1 February 2023
China Hongqiao Group Co., Ltd. has achieved ASI Performance Standard V2 (2017) Certification for its subsidiary operation Zouping Hongfa Aluminium Technology Co., Ltd. and its subsidiary Zouping Dingrui Renewable Resources Co., Ltd. The companies’ aluminium hot and cold rolled coil, foil stock, and can stock products are destined for use in a wide range of industries including food packaging, architectural decoration, and transportation.
Aluminium Stewardship Initiative (ASI) today announced that China Hongqiao Group Co., Ltd. has been certified against the ASI Performance Standard at its subsidiary Zouping Hongfa Aluminium Technology Co., Ltd. in and its subsidiary Zouping Dingrui Renewable Resources Co., Ltd., both located in Binzhou City, Shandong Province, China. Zouping Hongfa Aluminium Technology Co., Ltd., 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. Zouping Dingrui Renewable Resources Co., Ltd. is mainly engaged in the processing and treatment of metal scrap and recycling of aluminium metal scrap.
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 audits of Zouping Hongfa Aluminium Technology Co., Ltd. and Zouping Dingrui Renewable Resources Co., Ltd. were carried out by DNV Business Assurance Services UK Ltd.
“We congratulate China Hongqiao Group Co., Ltd. for achieving Performance Standard Certification at the Zouping Hongfa Aluminium Technology Co., Ltd. rolling facility and its subsidiary Zouping Dingrui Renewable Resources Co., Ltd. aluminium recycling facility. These two plants, a microcosm of a circular economy, contribute to the efficient use of materials by returning scrap material into the production process. Their ASI Certification demonstrates the plants’ commitment to responsible production practices.”
– Fiona Solomon, Chief Executive Officer at ASI
“The pursuit of green and high-quality development always inspires Zouping Hongfa Aluminium Technology Co., Ltd. to innovate and move forward, and we are committed to facilitate the green transformation of the industrial chain through our own efforts. We are happy to be certified against the ASI Performance Standard. This marks an important milestone in shaping our commitment to sustainable operations. We will continue to practice the concept of green, low-carbon, environmental protection and sustainable development, fully implement the requirements of high-quality development, and continuously maintain the company’s first-mover advantage in the market competition.”
– Wang Xin Jian, General Manager, Zouping Hongfa Aluminium Technology Co., Ltd.
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