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06 JUNE 2018 AL CIRCLE

Constellium releases 2017 Business and Sustainability Report

EDITED BY : BEETHIKA BISWAS 2MINS READ

Constellium N.V. announced the release of its 2017 Business and Sustainability Report, including results and progress updates on its 2020 sustainability targets.

The company press release says, they conducted a new Materiality Assessment to ensure their sustainability programs remain aligned with the stakeholders’ expectations. This Assessment confirmed that their stakeholders have an overall positive perception of Constellium’s sustainability performance.

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The company is defining a greenhouse gas reduction program and have also conducted a full Life Cycle Assessment (LCA) model of their activities and products. The model covers all other phases of the products’ life cycle, such as metal sourcing, product usage phase, and end of life recycling.

“Constellium’s 2017 Business and Sustainability report demonstrates our commitment to continuous improvement, increased disclosure, and expanded stakeholder engagement”, said Jean-Marc Germain, CEO of Constellium.

“We want to create sustainable value – for our customers, employees, shareholders and communities, as we strive to improve the footprint of aluminium’s life-cycle throughout the value-chain.”

The report shows steady improvement in Constellium’s progress towards its 2020 sustainability targets. Most notably, Constellium is well on-track with its commitment to sustainable sourcing, with a new responsible supply chain management policy and extended audits. Safety or energy efficiency remains two key priorities for Constellium which need further improvement and the company is working towards it.


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EDITED BY : BEETHIKA BISWAS 2MINS READ

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