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PRESS RELEASE

ASI certifies Magna PT S.p.A Modugno against Chain of Custody Standard V2

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Magna International Inc. has achieved ASI Chain of Custody (CoC) Standard V2 (2022) Certification for the production of automotive transmissions at their Modugno site in Italy.

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Aluminium Stewardship Initiative (ASI) today announced that Magna International Inc. has been certified against the ASI Chain of Custody Standard V2 (2022). The facility manufactures dual-clutch transmissions and gearwheel sets for the automotive industry, with current production focused on DCT 300 and DCT Eco models. Preparations are underway for hybrid transmission production.

The ASI CoC Standard V2 sets out requirements for the creation of a Chain of Custody for material that is produced and processed through the value chain into diverse downstream sectors. The implementation of ASI’s CoC Standard links verified practices at successive steps of the supply chain – certified under the ASI Performance Standard – to the materials produced by ASI Certified Entities. The CoC Standard also confirms that appropriate policies and due diligence processes are in place to identify and address critical issues, such as corruption, human rights abuses, materials originating from conflict-affected and high-risk areas in the supply chain and support responsible sourcing.

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The independent, third-party audit of Magna PT S.p.A Modugno was carried out by GUTcert (AFNOR Group). A full listing of audit findings outlining evidence of conformances is available from page 5 of the summary audit report, linked below. No non-conformances were identified during the Chain of Custody Certification audit.

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