Gränges AB: Gränges' Finspång site achieves ASI certification

Gränges' production facility in Finspång, Sweden, has successfully achieved a provisional certification against Aluminium Stewardship Initiative's (ASI) Performance Standard.[1)] This was announced by ASI today, see link (https://aluminium-stewardship.org/asi-certifies-granges-facility-against-asi-performance-standard/).

"Achieving this ASI certification is an important milestone in our ambitious sustainability agenda and an important achievement in our work to constantly develop a broader and more sustainable customer offering. The certification verifies that our aluminium products are produced responsibly and sustainably and provides assurance to our customers and other business partners that we are committed to meeting their increased sustainability requirements and demand for sustainable aluminium. This is a first step towards being able to offer ASI certified aluminium", says Torbjörn Sternsjö, President Europe.

ASI is a global, multi-stakeholder, non-profit standards setting and certification organization which works to maximise the contribution of aluminium to a sustainable society. The ASI Performance Standard defines environmental, social and governance principles and criteria, with the aim to address sustainability issues in the aluminium value chain. The independent, third-party audit of Gränges production facility in Finspång was carried out by DNV GL. Gränges' site in Shanghai was certified against ASI's Performance Standard in 2019.

"We constantly develop and broaden our sustainable customer offering and work to create financial and operational value throughout the life-cycle of aluminium. The ASI is a very important industry initiative which enables us to promote and drive responsible and sustainable practices along the aluminium value chain. We now have certifications in place for two of our sites, and we will continue to achieve certification for our other sites", says Johan Menckel, CEO Gränges.

1) The provisional certification follows the ASI interim policy regarding audits and audit-related travel due to the COVID-19 situation.

For further information, please contact:
Torbjörn Sternsjö, President Europe
torbjorn.sternsjo@granges.com,tel: +46 732 01 49 21

Sofia Hedevåg, SVP Sustainability
sofia.hedevag@granges.com,tel: +46 733 03 79 79

Johan Dufvenmark, VP Group Treasury & Investor Relations
johan.dufvenmark@granges.com,tel: +46 705 97 43 75

About Gränges
Gränges is a leading global supplier of rolled aluminium products for heat exchanger applications, speciality packaging and niche markets. In materials for brazed heat exchangers Gränges is the global leader with a market share of approximately 20 per cent. The company develops, produces and markets advanced materials that enhance efficiency in the customers' manufacturing process and the performance of the final products. The company's geographical markets are Europe, Asia and the Americas with production facilities in all three regions and a total annual capacity of 560,000 metric tonnes. Gränges has 2,400 employees and net sales of SEK 13.5 billion. The share is listed on Nasdaq Stockholm. More information on Gränges is available at www.granges.com.

Source: Cision
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