ELVAL announces the certification of its production facilities at Oinofyta, to the ASI Performance Standard. The certification audit was conducted by DNV GL and it covered all the policies, procedures, infrastructure and practices that are in place against the criteria of the standard.
Mr Lampros Varouchas, Managing Director of ELVAL stated: “We are proud to develop industry-leading aluminium solutions, fully embracing the principles of sustainable growth, which has always been a core objective for Elval. The certification of our operations at Oinofyta plant to the ASI Performance Standard reinforces our profound commitment on responsible production and demonstrates the efficiency of our procedures and methods on environmental protection, social responsibility and corporate governance towards our employees, our business partners, our customers and the society”.
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 defines environmental, social and governance principles and criteria, with the aim to address sustainability issues in the aluminium value chain. It sets out 59 criteria under the three sustainability pillars of Governance, Environment and Social, which address key issues such as biodiversity, Indigenous Peoples rights, and greenhouse gas emissions.
As part of its sustainability programme, Elval shall subsequently pursue the certification to the ASI Chain of Custody standard and the supply of ASI material to its customers.