Lotte Aluminium Co., Ltd. has achieved ASI Performance Standard Certification for its rolling facility in Ansan, South Korea. The facility’s operations include rolling, sepa-slitting and annealing for the production of aluminium foil.
Aluminium Stewardship Initiative (ASI) today announced that Lotte Aluminium Co., Ltd. has been successfully certified against the ASI Performance Standard for its Ansan operations, which mainly produces aluminium foil used in the packaging of food, cigarettes, pharmaceuticals, for electronics in batteries and automotive parts, as well as for construction materials.
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 Governance, Environment and Social, which address key issues such as biodiversity, Indigenous Peoples rights, and greenhouse gas emissions.
The independent, third-party audits of the Lotte Aluminium Co., Ltd. facility was carried out by DNV GL.
Fiona Solomon, Chief Executive Officer at ASI said “Our congratulations go to Lotte Aluminium Co., Ltd. on their ASI Performance Standard Certification, which is the first ASI Certification in South Korea. As the biggest packaging material company in the country, it is great to see them on board with responsible aluminium production in their Ansan plant and look forward to their continued efforts to certify other aluminium product areas as well.”
Mr. H.C Cho, CEO of Lotte Aluminium Co., Ltd. said, “We are very honored to be the first Korean corporation to acquire ASI Performance Standard certification. An acquisition of the certification represents our commitment to sustainability and a greater competitive position in the global aluminium market. In addition, Lotte Aluminium will strive to maximize the creating value of aluminium and make every possible effort to manage more transparent and responsible use of aluminium for a sustainable future.