ASI recertifies Lotte Aluminium Co., Ltd against ASI Chain of Custody Standard V2
Lotte Aluminium Co., Ltd has achieved recertification to ASI Chain of Custody Standard V2 for the manufacture of rolled products at its Ansan Plant, South Korea.
26 March 2024
Lotte Aluminium Co., Ltd has achieved recertification to ASI Chain of Custody Standard V2 for the manufacture of rolled products at its Ansan Plant, South Korea.
All recertifications undertaken after June 1, 2023 are required to be against the 2022 Standards. The company has thus successfully transitioned this certification to the updated 2022 ASI Performance Standard.
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About the 2022 ASI Standards
The ASI Performance Standard V3 and Chain of Custody Standard V2, launched in May 2022, set a new level of ambition for responsible production, sourcing and stewardship in the aluminium value chain.
In particular, the ASI Performance Standard V3 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 2022 versions are the outcome of ASI’s first major revision since the launch of its Standards and Certification program in 2017.
Multiple rounds of review and public consultation from 2019-2022 resulted in more than 1000 improvement items being actioned, building on implementation experience, stakeholder feedback and evolving expectations since the original Standards were launched. Find out more about the improvements in the launch video.
The 2023 ASI Strategy articulates a commitment to carry out regular updates of ASI Guidance between major revisions.
This iterative development approach allows ASI to reflect quickly fast paced changes in the sustainability space, embed lessons learned from ongoing certification experience, foreshadow issues that one might expect to see incorporated in future normative documents, address issues in planned waves of priority, among other benefits. To this end, at its April 2023 meeting, the ASI Board adopted updated ASI Performance Standard Guidance V3.1, ASI Chain of Custody Standard Guidance V2.1, ASI Claims Guide V3, and ASI Glossary V1.1 documents, all of which are available on the ASI website in the Document Centre.
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