Aluminium Stewardship Initiative announced on Thursday, March 12, that it certified Lotte Aluminium Co. Ltd. with Performance Standard Certification for rolling facility in Ansan, South Korea. The facility’s operations include rolling, sepa-slitting and annealing for the production of aluminium foil, which is primarily used for the packaging of food, cigarettes, pharmaceuticals, for electronics in batteries and automotive parts, and also for construction materials.
The ASI Performance Standard Certification defines environmental, social, and governance principles and criteria, aiming to address sustainability issues in the aluminium value chain. It sets out 59 criteria that address biodiversity, Indigenous Peoples rights, and greenhouse gas emissions.
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.”
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