ISTANBUL, Oct. 20, 2022 /PRNewswire/ -- Assan Aluminyum, a subsidiary of the Kibar Group, prioritizes environmental, social and governance aspects in its long-term strategies and future plans. The company follows the Aluminum Stewardship Initiative (ASI) Performance Standards as a guide to be more sustainable in its production and recycling operations. The launch of new sustainable products, corporate social responsibility (CSR) projects and sustainable expansion plans lay the foundation for the company's ESG-oriented future plans.
Assan Aluminyum, one of the two largest aluminum foil producers in Europe, designs its processes and investment plans based on its core values of reliability, flexibility, innovation and sustainability. Assan Aluminyum's CEO, Goksal Gungor, explains his future plans and developments prioritizing sustainability: "We have some exciting news regarding the three dimensions of ESG. As part of our developments geared towards environmental sustainability, our competent team R&D is working on a series of high quality, low carbon products.Our Recycling-Friendly 3423 alloy is a good example of this, as it uses more than 95% non-primary aluminum as raw material.Therefore, the 3423 has a 50% lower carbon footprint than equivalent products." The company also produces renewable energy at its own power plant, at a rate equivalent to its annual electricity consumption. Thanks to the international renewable energy certificates (I-REC) generated and acquired, the company can fully offset its scope 2 emissions.
In the field of social responsibility, the company has recently started a CSR project, supporting the Manavgat Women's Empowerment Cooperative, where its renewable energy plant is located. By helping the women of Manavgat establish an industrial kitchen, Assan Aluminyum aims to help local women gain financial freedom and also contribute to the local economy. This project is also significant as it supports the Kibar Group's vision of gender equality, which is emphasized by the "We are equal" project carried out on this topic throughout the group.
As for the third dimension of ESG, the government, Assan Aluminyum also strengthens its muscles through some new developments. The company has recently received ISO 31000 Risk Management Systems certification and ISO 22301 Business Continuity Management Systems certification, helping it effectively manage risks. Furthermore, through a series of sustainable investment plans worth almost 100 million dollars, the company not only aims to reduce its carbon footprint, but also expand its annual production capacity to 360,000 tons by next year, which It will allow you to have the largest continuous casting capacity in all of Europe and America.
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