Constellium receives Platinum rating from EcoVadis for sustainability practices
Paris, June 18, 2020 – Constellium SE (NYSE: CSTM) today announced that it has earned a Platinum rating from EcoVadis, a leading provider of business sustainability ratings. Platinum is the highest rating awarded by EcoVadis and places Constellium in the top 1% of companies assessed worldwide.
“We are proud of this Platinum rating from EcoVadis as it is validation of our steadfast commitment to sustainability,” said Jean-Marc Germain, CEO of Constellium. “Being ranked among the top 1% is a notable achievement and a tribute to all the work done by our teams. We have long placed sustainability at the core of our business, and this recognition will inspire us to go further.”
Constellium follows the most rigorous and transparent standards in the disclosure of its environmental and social risks and impacts. The company is also engaged in several major international programs fostering transparency and sustainability performance, including the Aluminium Stewardship Initiative, the United Nations Global Compact, and the Global Reporting Initiative.
EcoVadis bases ratings on international sustainable development standards, and the process is overseen by a scientific committee of experts to ensure reliable and independent third-party assessment. The agency has assessed about 65,000 companies worldwide for their corporate policies, initiatives and achievements in four areas: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.
Constellium (NYSE: CSTM) is a global sector leader that develops innovative, value added aluminium products for a broad scope of markets and applications, including aerospace, automotive and packaging. Constellium generated €5.9 billion of revenue in 2019.
Download the press release
Forward Looking Statement
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, including the length and magnitude of disruption resulting from the global COVID-19 pandemic; the inability to meet customer demand and quality requirements; the loss of key customers, suppliers or other business relationships; the capacity and effectiveness of our hedging policy activities; the loss of key employees; levels of indebtedness which could limit our operating flexibility and opportunities; and other risk factors set forth under the heading “Risk Factors” in our Annual Report on Form 20-F, and as described from time to time in subsequent reports filed with the U.S. Securities and Exchange Commission. The occurrence of the events described and the achievement of the expected results depend on many events, some or all of which are not predictable or within our control. Consequently, actual results may differ materially from the forward-looking statements contained in this press release. We undertake no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by law.