Constellium releases 2020 Organization and Sustainability Report

PARIS, March 17, 2021 (World NEWSWIRE) — Constellium SE (NYSE: CSTM) launched currently its 2020 Business and Sustainability Report, outlining the company’s progress on its sustainability objectives. The organization is also concentrating on its 2030 sustainability roadmap, with the intention to reach local climate neutrality by 2050.

“I am happy of our sizeable progress in 2020 even with the difficult natural environment of the COVID-19 disaster. Sustainability is at the main of our business, as Constellium advantages from the inherent characteristics of aluminium, a light-weight but robust steel that is thoroughly and conveniently recyclable”, mentioned Jean-Marc Germain, CEO of Constellium. “Our Environmental, Social, and Governance method and roadmap for 2030 are using condition, with initiatives to contain providing additional dependable products, raising recycling, and minimizing greenhouse gas emissions and squander. I feel that this is an option to meet societal expectations and perform our part in the battle versus local weather transform, and to incorporate a lot more benefit for our buyers, our staff, and our shareholders.”

In 2020, Constellium gained a Platinum score from EcoVadis, the agency’s greatest rating, which positions us in the top 1% of corporations assessed around the world. Constellium also improved its CDP score to B, and been given a ranking of AA (on a scale of AAA-CCC) in the MSCI ESG Scores evaluation.

In February 2021, Constellium shown its commitment by issuing a Sustainability-Linked Bond, the 1st in the metals sector.

The report highlights milestones Constellium achieved in 2020, together with:

• Basic safety: Our recordable situation level⁽¹⁾ diminished from 3.31 in 2016 to 1.82 in 2020, properly underneath our 2020 focus on of 2.35 and substantially decreased than the sector typical. We stay dedicated to steady improvement.

• Decreasing greenhouse fuel emissions: As an significant step in performing our aspect in the battle against local weather transform, we committed to minimize GHG emissions (scope1 and 2) by 25% in 2025 vs. 2015, for each ton of aluminium bought. Our GHG emission intensity ongoing to lessen in 2020, regardless of a decrease in electrical power effectiveness. We are on observe to meet our 2025 goal.

• Strength performance: Sadly, the consequences of the COVID-19 crisis prevented us from reaching our 10% strength effectiveness improvement focus on for 2020. We have taken care of the same targets for 2021 and have executed a mitigation method to get back on monitor.

• Aluminium Stewardship Initiative (ASI): We achieved ASI certifications for our Singen and Neuf-Brisach crops, as perfectly as for our downstream operations in Dahenfeld and Gottmadingen, allowing for us to offer independently qualified sustainable products and solutions to our consumers.

• Minimizing landfilled squander: We exceeded our concentrate on for landfilled production squander, with a 33% reduction versus 2015 many thanks to the effective implementation of recycling courses in all our sites, which includes in Muscle mass Shoals, in which trash sent to landfill lowered by far more than 60% compared to 2019.

• Gender variety: We are functioning to turn out to be a additional various office, with equivalent respect for all, no matter of age, gender, race, incapacity, faith, or sexual orientation. Our ambitions consist of greater range in hiring, assist for woman job progress, far more feminine representation in management positions, and wage equality.

Constellium’s 2020 Organization and Sustainability Report specifics the company’s initiatives and results and is structured and presented in accordance with the World wide Reporting Initiative (GRI) Sustainability Reporting Specifications. Constellium’s non-economical performance statement included in the report was confirmed by an unbiased third party*.

Tale proceeds

*The verification confident our compliance with the provisions of the French Business Code (write-up R. 225-105), alongside with the fairness of the information and facts delivered in our statement, these types of as essential functionality indicators and actions taken to tackle challenges.

(1) Our Recordable Circumstance Fee actions the number of fatalities, major injuries, misplaced-time injuries, limited operate injuries, or health care treatment plans per 1 million several hours labored, like by our contractors.

About Constellium

Constellium (NYSE: CSTM) is a world-wide sector leader that develops ground breaking, price added aluminium goods for a broad scope of marketplaces and purposes, such as aerospace, automotive and packaging. Constellium created €4.9 billion of income in 2020.

Ahead-wanting statements
Particular statements contained in this press launch may perhaps constitute ahead-wanting statements inside of the which means of the Personal Securities Litigation Reform Act of 1995. This press launch may comprise “forward-hunting statements” with respect to our organization, effects of functions and financial condition, and our expectations or beliefs about long term activities and disorders. You can identify ahead-seeking statements since they contain terms this kind of as, but not restricted to, “believes,” “expects,” “may,” “should,” “approximately,” “anticipates,” “estimates,” “intends,” “plans,” “targets,” very likely,” “will,” “would,” “could” and comparable expressions (or the unfavorable of these terminologies or expressions). All ahead-searching statements require pitfalls and uncertainties. Lots of dangers and uncertainties are inherent in our marketplace and markets, although many others are a lot more distinct to our organization and functions. These challenges and uncertainties involve, but are not confined to: sector competitors economic downturn disruption to company operations, which includes the size and magnitude of disruption resulting from the worldwide COVID-19 pandemic impacts of local weather transform and associated polices the incapacity to satisfy customer demand and high-quality specifications the loss of essential consumers, suppliers or other organization interactions the capability and success of our hedging coverage activities the reduction of critical personnel amounts of indebtedness which could restrict our functioning adaptability and chances and other hazard components established forth below the heading “Risk Factors” in our Annual Report on Kind 20-F, and as described from time to time in subsequent stories submitted with the U.S. Securities and Trade Commission. The occurrence of the gatherings explained and the accomplishment of the anticipated results count on several situations, some or all of which are not predictable or inside our regulate. For that reason, actual benefits might differ materially from the ahead-on the lookout statements contained in this push release. We undertake no obligation to update or revise any ahead-wanting assertion as a final result of new details, foreseeable future situations or in any other case, besides as necessary by law.