paris : CSTM

July 11, 2013 11:27 ET

"ALtogether more sustainable": Constellium Unveils Sustainability Targets

PARIS--(Marketwired - Jul 11, 2013) - Constellium N.V. (NYSE and NYSE Euronext: CSTM) today unveiled a sustainability roadmap that will guide the Company's broad range of sustainability initiatives, including active energy saving and recycling programs. The roadmap formalizes and defines the company's long-standing commitment to sustainability and sets ambitious goals and targets to enhance the sustainability of Constellium's operations and business practices. The roadmap defines four main priorities of the Company's sustainability efforts:

* reaching the highest standards of safety and skill development of Constellium employees;

* ensuring the highest level of transparency with respect to Constellium's governance and its partnerships throughout the supply chain including suppliers, customers and other stakeholders;

* minimizing the environmental impact of the company's operations; and

* designing, developing and manufacturing sustainable products based on a thorough life cycle analysis that increases, in particular, resource efficiency across the value chain.

Constellium has defined a comprehensive set of targets for each of these priorities, including:

* a further drop in the number of accidents, with a target of zero serious injury incidents in 2015 and a 60% reduction in recordable cases in 2014 versus 2010;

* a continued increase in energy efficiency (10% improvement from 2010 to 2015); and

* a systematic usage of Life Cycle Assessments in the company's innovation projects.

"Constellium takes a holistic approach to sustainability. Not only have we set specific objectives for ourselves as a company but we also cooperate closely with our partners on their sustainability programs," explained Laurent Musy, Chairman of Constellium's Sustainability Council, commenting on the company's commitments. "We highly value the collective involvement of the entire supply chain: being 'ALtogether more sustainable' reflects our partnership approach."

"This means for example endorsing the recycling rate targets set by the industry for beverage cans in Europe, or offering innovative solutions to our customers and end-consumers which reduce the environmental footprint of the products they make or use."

Constellium's 2012 Report articulates the company's long-term sustainability goals and evidences Constellium's commitment to disclose its performance in a regular and transparent manner through the Carbon Disclosure Project and the Global Reporting Initiative.

The Report also reflected the company's leadership in promoting sustainability within the aluminium industry: as a founding member of the Aluminium Stewardship Initiative, the company is committed to actively contribute to the setting of environmental, social and governance standards for the industry.

To download Constellium's Sustainability Report 2012:

Forward Looking Statement

This press release contains statements that relate to future events and expectations and as such constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward- looking statements include those containing such words as "expects," "intends," "plans," "scheduled," "should," "could," "will," or other words of similar meaning. All statements that reflect Constellium's expectations, assumptions or projections about the future other than statements of historical fact are forward- looking statements. The forward-looking statements contained in this press release regarding our sustainability efforts are subject to a number of known and unknown risks, uncertainties, and other factors, including those described in the section entitled "Risk Factors" in our filings with the U.S. Securities and Exchange Commission, and are not guarantees of future performance. Constellium disclaims any obligation to update publicly any forward-looking statements, whether in response to new information, future events or otherwise, except as required by applicable law.

About Constellium

Constellium (NYSE and NYSE Euronext: CSTM) is a global sector leader that develops innovative, value added aluminum products for a broad scope of markets and applications, including aerospace, automotive and packaging. With approximately 8,900 employees, Constellium generated EUR3.61 billion of revenue in 2012.

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(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Constellium via Thomson Reuters ONE


Contact Information

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