On February 1, Aluminium Stewardship Initiative certified Binzhou Hongzhan Aluminium Technology Co., Ltd., a subsidiary operation of China Hongqiao Group Co., Ltd., against its Performance Standard V2 (2017) for the research & development, and production and sales of aluminium alloy rolled products.

Binzhou Hongzhan Aluminium Technology Co., Ltd. mainly produces and sales transportation aluminium alloy materials and high precision aluminium plates and strips.

The ASI Performance Standard V2 defines environmental, social and governance principles and criteria address sustainability issues in the aluminium value chain.

On receiving the certification, Li Zhenlai, General Manager at Binzhou Hongzhan Aluminium Technology Co., Ltd., said: “Green and sustainability are the foundation of our development. For years, we at Binzhou Hongzhan Aluminum Technology Co., Ltd are committed to producing for the market low-carbon, high-quality products by using cutting-edged technology. Now, as we are certified by ASI Performance Standards, we will contribute more to the aluminum industry’s green development path. We will also keep on innovating and fully implement the requirements of high-quality development.”

Fiona Solomon, Chief Executive Officer at ASI, said: “We congratulate China Hongqiao Group Co., Ltd. for achieving Performance Standard Certification at the Binzhou Hongzhan Aluminium Technology Co., Ltd. rolling facility.  Innovation and new technologies can address key sustainability challenges, while addressing social and governance issues is also important via policy and management processes. ASI Performance Standard Certification demonstrates the company’s commitment on these issues as part of its ongoing sustainability journey.”

The independent, third-party audit of Binzhou Hongzhan Aluminium Technology Co., Ltd. was carried out by DNV Business Assurance Services UK Ltd.