Latest news with #AluminiumStewardshipInitiative
Time of India
5 days ago
- Business
- Time of India
Vedanta Aluminium joins hands with PwC India to advance sustainability initiatives in Odisha and Chhattisgarh, ET Manufacturing
On World Environment Day, Vedanta Aluminium announced the expansion of its partnership with PwC India to scale up sustainability measures across its operations in Odisha and Chhattisgarh. The collaboration will now cover decarbonisation, water positivity, and biodiversity conservation, and aligns with the company's goals of achieving Net Zero carbon emissions by 2050 and Net Water Positivity by 2030. Initially focused on biodiversity projects around the company's Jharsuguda smelter, the initiative will now extend across all operational regions. PwC India will support Vedanta Aluminium in designing and implementing actions that align with global standards and national environmental goals. Advt Rajiv Kumar, CEO, Vedanta Aluminium, stated, 'At Vedanta Aluminium, our 'Transforming for Good' philosophy is the cornerstone of our commitment to sustainability, inclusivity, and meaningful community impact. This collaboration with PwC exemplifies our unwavering dedication to driving sustainable growth and championing environmental stewardship.'Under the agreement, PwC India will help execute a series of initiatives, including: A comprehensive decarbonisation roadmap aligned with Aluminium Stewardship Initiative (ASI) targets to support green aluminium production Measures to reduce water consumption and achieve water positivity by 2030 Development of Biodiversity Management Plans focused on achieving No Net Loss by removing invasive species and restoring native flora Evaluation of the potential to adopt Science-Based Targets initiative (SBTi) to align with the Paris Agreement By , ETManufacturing Sandeep Kumar Mohanty, Partner - Climate & Energy at PwC India, said, 'We are excited to partner with Vedanta Aluminium on this inspiring journey to embed sustainability across its operations. Together, we are committed to making a real difference in the lives of people and the environment.'The initiative supports progress towards the United Nations Sustainable Development Goals (SDGs), including Goal 6 (Clean Water and Sanitation), Goal 13 (Climate Action), and Goal 15 (Life on Land).
Muscat Daily
22-04-2025
- Business
- Muscat Daily
Sohar Aluminium pushes recycling agenda at industry forum
Muscat – Sohar Aluminium hosted the second Aluminium Recycling Forum on Tuesday. It aimed to advance aluminium recycling and support sustainable industrial development in Oman. Held in collaboration with Environment Authority under the patronage of its chairman Abdullah bin Ali al Amri, the forum brought together industry leaders, policymakers and sustainability experts to discuss global trends and the future of aluminium recycling in the sultanate. Said al Masoudi, CEO of Sohar Aluminium, said the forum was part of a broader effort to align the aluminium industry with national sustainability goals. 'At Sohar Aluminium, we believe recycling is more than just an environmental obligation; it is a strategic driver of economic resilience, resource efficiency and innovation,' he said. 'This forum brings a unique opportunity to align cross-sector efforts, foster new partnerships, and spark policy dialogue that supports the emergence of a strong recycling ecosystem in Oman and the wider region.' Recycling of aluminium scrap by Sohar Aluminium surpassed 2,400 tonnes in early 2024, with the company targeting 3,500 tonnes by the end of the year. Speakers included Dr Fiona Solomon, CEO, and Dr Gabriel Carmona Aparicio, Circularity Research Manager of Aluminium Stewardship Initiative; and Mahmood Dailami, Secretary General of Gulf Aluminium Council. The forum featured two panel discussions. The first focused on operational and strategic challenges faced by recycling operators and industry stakeholders, while the second examined the economic potential of aluminium recycling, and the policy and investment measures needed to support its growth. Panellists explored how trade regulations, regional collaboration, and financial tools such as ESG-focused investments and green financing could drive the sector forward. Public-private partnerships were also discussed as a means to strengthen Oman's recycling economy and promote long-term sustainability.
Zawya
31-01-2025
- Business
- Zawya
EGA certified to Aluminium Stewardship Initiative Chain of Custody Standard, enabling first production of ASI-certified metal
Abu Dhabi, United Arab Emirates: Emirates Global Aluminium, the biggest 'premium aluminium' producer in the world, has been certified to the Aluminium Stewardship Initiative's Chain of Custody Standard for its facilities in the UAE. The Aluminium Stewardship Initiative Chain of Custody Standard sets requirements for the tracking and accounting of responsibly-produced raw materials and metal throughout the value chain, from mine to consumer. It complements the Aluminium Stewardship Initiative's Performance Standard, which certifies facilities for their sustainability performance. EGA's UAE facilities source some raw materials from upstream suppliers certified to the ASI Performance Standard and Chain of Custody. This enables EGA to now produce a proportion of ASI Chain of Custody certified aluminium, providing customers with access to ASI Chain of Custody certified aluminium. All of EGA's mining, refining and smelting facilities sites around the world are certified to the Aluminium Stewardship Initiative's Performance Standards, with the exception of the recently acquired Spectro Alloys. Abdulnasser Bin Kalban, Chief Executive Officer of Emirates Global Aluminium, said: "Aluminium is essential for the development of a more sustainable society. It also matters how sustainably aluminium is made, and this includes sourcing of responsibly-produced raw materials. Achieving certification to the Aluminium Stewardship Initiative's Chain of Custody Standard is step forward in our aspiration to become a global sustainability leader for the aluminium industry. I am proud the EGA is now able to produce ASI-certified metal.' The Aluminium Stewardship Initiative is a global, non-profit organisation that brings together aluminium producers, end-users such as BMW Group and Nespresso, civil society, and the public through consultation, to determine what constitutes good sustainability performance in the aluminium sector. The Aluminium Stewardship Initiative's standards are the global benchmark for sustainability in the aluminium industry. The independent, third-party audit of EGA's systems required for ASI Chain of Custody Certification was carried out by DNV Business Assurance Services UK Ltd.
