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6 November 2023

Magna International has achieved ASI Performance Standard V3 (2022) Certification for the design and manufacture of transmissions, powertrain systems and components at its Magna PT s.r.o Kechnec, Slovakia Powertrain facility. This is Magna’s fifth Powertrain facility to be certified, and represents the first full V3 certification for Magna.

Aluminium Stewardship Initiative (ASI) today announced that Magna’s Powertrain facility in Kechnec, Slovakia, has been certified against the ASI Performance Standard V3 (2022). The facility is responsible for the casting of gearboxes, heat treatment processes, gearbox housing and component machining as well as DCT gearbox assembly and testing.

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 (2022) was launched in May 2022 following a multi-year revision process. It 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 independent, third-party audit of the Magna facility was carried out by GUTCert (AFNOR GROUP). A full listing of audit findings outlining evidence of conformances and minor non-conformance is available from page 5 of the summary audit report, linked below. Six minor non-conformances are noted under Criteria 5.3a-e GHG Emissions Reduction Plans, 8.1b Biodiversity and Ecosystem Services Risk and Impact Assessment – Priority, 8.2a-g Biodiversity Management, 9.2a-e Gender Equity and Women’s Empowerment, 9.8a Conflict-Affected and High-Risk Areas – Strong Management Systems and 9.8e Conflict-Affected and High-Risk Areas – Report annually. Magna will be implementing a corrective action plan, the implementation of which will be verified in follow-up audits.

“We congratulate Magna for achieving Performance Standard Certification V3 (2022) at its Kechnec facility. The quest to produce more eco-friendly vehicles worldwide means that aluminium’s high strength-to-weight ratio, excellent corrosion resistance, electrical conductivity, formability, and impact resistance properties make it an attractive material for today’s automobile manufacturers. Magna’s continued pursuit of ASI Certifications at its production facilities underscores the company’s commitment to enhancing sustainability in its global operations.”

– Fiona Solomon, Chief Executive Officer at ASI

“We are committed to creating a better world of mobility for all. At the core of our strategic vision lies a deep dedication to environmental stewardship and sustainability, propelling us forward into a future defined by responsible practices. Today’s ASI certification of our Kechnec facility and the achievement of Magna’s first full V3 (2022) certification signifies another pivotal milestone on this transformative journey.”

– Ahmed ElGanzouri, Global Director, Sustainability and Energy at Magna

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