“Constellium has continued to make strides in its sustainability journey, despite a challenging environment and the continued impact of the energy crisis in Europe”, said
Constellium’s commitment to sustainability has consistently received recognition from third-party organizations, including a Platinum rating from
The report details Constellium’s sustainability performance in 2023, including:
- Safety: We delivered best-in-class safety performance in 2023, with a recordable case rate of 1.95 per million hours worked vs. a target of 1.5 in 2025, a slight increase vs. our 2022 results of 1.85. Seven of our sites reached milestones of more than 1 million hours worked without a recordable case.
- Gender diversity: We continued to make good progress towards our 2025 target to increase the percentage of women in professional and management roles to 25%, with 24% of our professional and management roles held by women in 2023. This compares to 22% in 2022, and a baseline of 21% in 2021. Constellium’s commitment to promote a diverse and inclusive work environment was recognized by its inclusion in
Forbes World's Top Companies for Women list in 2023. - Recycling: In 2023, 42% of our aluminium input came from recycled sources vs. 41% in 2022. As we continue to increase our recycling capacity, including a new recycling center in our facility in Neuf-Brisach,
France which we expect to start operating in the second half of 2024, we are on track to achieve our target of 50% recycled input by 2030. - Climate change: In 2023, our greenhouse gas (GHG) emissions intensity increased despite an improvement in energy efficiency. This increase is mostly due to changes in electricity grid mixes and the increased footprint of imported primary metal purchased by our European operations, which are both a consequence of the ongoing metal and energy crises. Our GHG emissions intensity remains among the best in the industry, and we remain confident we can reach our 30% reduction targets in 2030. Despite this challenging environment, we continue our actions and initiatives to play our part in the fight against climate change, including participating in industry-wide initiatives such as the
First Movers Coalition , and leveraging innovative technologies and the potential use of clean hydrogen for the zero carbon casthouse of the future. - Community engagement:
Constellium is strengthening its support for communities through theConstelliumCARES Fund , launched in 2023. This philanthropy fund aims to finance local, regional, and global projects with up to €1 million every year, contributing to the well-being and mutual development of our communities.
Constellium’s 2023 Sustainability Report details the company's initiatives and results and is organized and presented in accordance with the Global Reporting Initiative’s (GRI) Sustainability Reporting Standards. Constellium’s non-financial performance statement included in the report was verified by an independent third party*.
The full
* The verification assured our compliance with the provisions of the French Commercial Code (article R. 225-105), along with the fairness of the information provided in our statement, such as key performance indicators and measures taken to address risks.
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Certain statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. This press release may contain “forward-looking statements” with respect to our business, results of operations and financial condition, and our expectations or beliefs concerning future events and conditions. You can identify forward-looking statements because they contain words such as, but not limited to, “believes,” “expects,” “may,” “should,” “approximately,” “anticipates,” “estimates,” “intends,” “plans,” “targets,” “likely,” “will,” “would,” “could” and similar expressions (or the negative of these terminologies or expressions). All forward-looking statements involve risks and uncertainties. Many risks and uncertainties are inherent in our industry and markets, while others are more specific to our business and operations. These risks and uncertainties include, but are not limited to: market competition; economic downturn; disruption to business operations; the Russian war on
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Source: Constellium Paris
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