AMAG, a leading Austrian premium provider of the cast and rolled aluminium products, received the Platinum medal after passing an extensive audit by EcoVadis, achieving the highest rating possible, followed by the “Gold Star” certification in 2020. It ranked AMAG among the top 1 per cent of all businesses evaluated in the industrial category of precious and non-ferrous metals based on its sustainability performance. EcoVadis is the owner of an internationally renowned, independent sustainability and CSR (Corporate Social Responsibility) assessment platform.
This EcoVadis ranking is based on a total of 21 factors in the four categories of ethics, labour and human rights, the environment, and sustainable procurement. Quantitative goals for energy use, greenhouse gas emissions, the effect of operational operations on biodiversity, risk management for workplace safety, and waste reduction are all examined. AMAG received the "Gold Star" certification from EcoVadis as early as December 2020.
One of the four pillars on which AMAG's strategy rests is sustainability, innovation, variety, and humanism. AMAG is the industry leader in recycling aluminium, with more than 40 years of expertise and an average scrap input rate of 70 to 80%. Innovative closed-loop techniques guarantee the most efficient use of resources by closing material cycles. The focus topic regarding the circular economy of the European Green Deal is therefore implemented in an exemplary manner. AMAG actively supports climate preservation and has set the ambitious aim of being CO2 neutral by 2040 with the help of a decarbonisation plan created in 2021.
"In global competition, non-financial performance indicators are gaining importance in the evaluation of companies. This highest award from EcoVadis is a clear signal to all our customers and stakeholders that in AMAG they have found the right partner for a sustainable, joint development.We also see this award as clear confirmation of our approach concerning the topic of sustainability," said Gerald Mayer, CEO of AMAG Austria Metall AG.
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