ASI certifies SRF ALTECH LTD against Performance Standard V3.1

Aluminium Stewardship Initiative (ASI) today announced that SRF ALTECH LTD has been certified against the ASI Performance Standard V3.1 (2023). The facility manufactures ultra-thin gauge aluminium foil across 1000, 3000 and 8000 series grades using foil rolling and heat treatment processes, including foil intermediate and finish mills and annealing furnaces, with a plant capacity of 20,000 tonnes per annum.

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 and ASI CoC Standard V2 were launched in May 2022 following a multi-year revision process.

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 Standards and related documents underwent a minor update in 2023, accounting for editorial changes, correction of minor errors and for general clarification, culminating in the release of Performance Standard V3.1 (2023) and Chain of Custody Standard V2.1 (2023).

The independent, third-party audit of SRF ALTECH LTD was carried out by CETIZION Verifica. A full listing of audit findings is available in the summary audit reports, linked below.

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Eleven minor non-conformances were identified during the audit under the Criteria 1.1 Legal Compliance, 3.1a-b Sustainability Reporting, 4.4a-c Collection and Recycling of Products at End of Life – Material Conversion and other Manufacturing, 5.1a-b Disclosure of GHG Emissions and Energy Use, 6.2a-g Discharges to Water, 9.8c Conflict-Affected and High-Risk Areas – Strategy to respond to risks, 9.8e Conflict-Affected and High-Risk Areas – Report annually, 10.3a-c Forced Labour, 10.7a-c Remuneration, 11.1a Occupational Health and Safety (OH&S) Management System and 11.1b-e Occupational Health and Safety (OH&S) Management System – Reviews and disclosure. SRF ALTECH LTD will be implementing corrective actions, to be verified in a follow-up audit.

Note: This article has been taken from ASI and has been published by AL Circle with its original information without any modifications or edits to the core subject/data.