Aluminium Stewardship Initiative certifies Symetal plants against ASI Performance Standard
Symetal has achieved ASI Performance Standard Certification for its aluminium foil rolling facility (Oinofyta) and aluminium foil converting facility (Mandra) in Greece. The company offers custom aluminium foil products mainly used in packaging solutions for a wide range of global customers including the food, pharmaceutical and electric vehicle battery industries.
Aluminium Stewardship Initiative (ASI) today announced that Symetal has been successfully certified against ASI Performance Standard for responsible production, sourcing and stewardship of aluminium. The combined annual production capacity of Symetal’s two facilities is 78,000 tonnes of aluminium foil, with the company exporting over 90% of its production to around 70 countries.
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 audit of the Symetal facilities was carried out by DNV Business Assurance Services UK Ltd.
Fiona Solomon, Chief Executive Officer at ASI said, “ASI warmly congratulates Symetal on achieving Performance Standard Certification at their subsidiary’s foil rolling and converting facilities. Aluminium foil is an important component of many downstream consumer products, including batteries powering electric vehicles as part of the transition to low-carbon mobility. Reducing the life cycle impacts of these transitions requires that aluminium components are produced in a responsible manner, and Symetal’s ASI Certification demonstrates that its production process meets industry leading ESG criteria.”
Mr. Konstantinos Kontos, General Manager of Symetal stated, “We are proud to offer innovative aluminium foil solutions, fully embracing sustainability and ESG principles, which have always been a core issue for Symetal. The certification of our operations at Oinofyta and Mandra plants according to the ASI Performance Standard confirms our commitment on responsible production and sourcing. It also reflects the efficiency of our procedures and methods on environmental protection, social responsibility and corporate governance towards our employees, our business partners, our customers, the society and all our stakeholders.”