SMM News on July 14:
On July 14, Ms. Fiona Soloman, CEO of the Aluminium Stewardship Initiative (ASI), Mr. Dong Chunming, ASI Advisor, Ms. Zhang Wen, ASI Assurance Manager, and Mr. Guo Qi visited the Shanghai headquarters of SMM Information & Technology Co., Ltd. (SMM) for an exchange visit. SMM CEO Logan Lu and SMM Executive Vice President Zhou Bo, along with their management team, warmly received the guests. The team members included Liu Xiaolei, Director of Big Data; Lou Kexin, Head of Aluminum Processing; Huo Junyan, Senior Consulting Project Manager; and Dong Rujun, Overseas Market Manager.
During the visit, SMM systematically introduced to the ASI delegation key areas such as the company's core business scope, the innovative "RESPONSIBLE METALS" system, environmental, social, and governance (ESG) strategies, and global market layout. Both sides engaged in in-depth discussions on these topics.
Focus on the "RESPONSIBLE METALS" system:
The ASI team paid high attention to the "RESPONSIBLE METALS" system proposed by SMM. During in-depth exchanges, ASI representatives not only expressed recognition and support for the system's establishment philosophy but also provided valuable constructive opinions and suggestions based on industry experience. ASI fully acknowledged SMM's positive achievements in promoting the construction of a sustainable aluminum supply chain and facilitating the global development of the industry.
Deepening cooperation and jointly addressing challenges:
SMM CEO Logan Lu stated, "We are deeply honored to receive the high-level delegation from ASI. This visit has provided a valuable platform for communication between both sides. Through candid and in-depth dialogues, we look forward to further enhancing mutual understanding, exploring potential new cooperation opportunities, and jointly addressing the common challenges faced by the aluminum industry chain.
About the Aluminium Stewardship Initiative (ASI)
ASI is a non-profit program dedicated to setting standards and providing certification for the aluminum value chain. ASI's vision is to maximize aluminum's contribution to a sustainable society. Its mission is to recognize and collaboratively promote responsible production, responsible sourcing, and corporate governance of aluminum. The core of ASI certification is the audit of two voluntary standards: the ASI Performance Standard and the ASI Chain of Custody (CoC) Standard. The ASI Performance Standard defines environmental, social, and governance principles and criteria aimed at addressing sustainability issues within the aluminum value chain. The ASI CoC Standard complements the ASI Performance Standard and is a voluntary certification for ASI members. The CoC Standard sets requirements for the chain of custody of aluminum materials, including ASI aluminum products that are produced and processed through the value chain and applied to various downstream fields. By implementing the ASI CoC Standard, a link is established between the supply chain under the ASI Performance Standard and the products produced by ASI entities, thereby advancing the sustainability of the entire aluminum value chain. ASI currently has over 380 participants worldwide, including representative manufacturers in bauxite mining, alumina refining, aluminum smelting, semi-finished products manufacturing, aluminum products, parts manufacturing, consumer goods and commercial products (including the automotive industry, construction, and packaging), as well as some industry associations and other supporters.
