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Aurubis AG: Aurubis Bulgaria receives Copper Mark distinction

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DGAP-News: Aurubis AG / Key word(s): Sustainability
26.04.2021 / 11:30
The issuer is solely responsible for the content of this announcement.

Aurubis Bulgaria receives Copper Mark distinction

- First Aurubis site to be certified with the quality seal

- Additional smelter sites will follow

- New quality seal for the copper sector verifies responsible copper production based on 32 internationally recognized sustainability criteria

Hamburg/Pirdop, April 26, 2021 - The Bulgarian site is the first Aurubis primary smelter to successfully complete the Copper Mark certification process and now bears the quality seal. The certification verifies that Aurubis Bulgaria produces copper sustainably.

"The Copper Mark fully aligns with our Sustainability Strategy," said Roland Harings, Aurubis AG Chief Executive Officer. "As a result, in 2020 we made the decision to take part in this new industry standard. We're pleased that Aurubis Bulgaria has now successfully completed the extensive auditing process. Our goal is for all Aurubis smelters to receive the Copper Mark, so our sites in Hamburg and Lünen will be the next to start the audit process."

The Copper Mark requires participants to fulfill 32 internationally recognized sustainability criteria, which are assessed independently of each other. These include environmental protection, occupational health and safety, compliance, and human rights, to name a few examples. The Copper Mark therefore looks at a company's responsible business activities as a whole.

"For us, the certification means making responsibility visible at multiple levels," explained Tim Kurth, Plant Manager and Managing Director of Aurubis Bulgaria. "The Copper Mark confirms the strengths we already have on the one hand and supports us in improving in other areas with a continuous process on the other. This aligns outstandingly with the sustainability approach that Aurubis puts into practice. With the seal, we verify our aspiration of fulfilling an internationally recognized benchmark. We would like to lead by example and encourage other companies in the industry to join the Copper Mark as well."

The multi-stage certification process took place within 12 months. The plant's initial self-assessment regarding all of the criteria was followed by an external audit process carried out by an independent auditor. Aurubis Bulgaria's existing certifications in accordance with ISO 14001 (environmental management) and ISO 45001 (occupational health and safety) made a contribution in this regard.

"We congratulate Aurubis Bulgaria for their commitment to responsible copper production practices and their achievement of the Copper Mark," said Michèle Brülhart, Executive Director of the Copper Mark. "We look forward to continued cooperation with Aurubis AG and its other sites as active participants in the Copper Mark organization and assurance framework."


The Copper Mark

The Copper Mark is the new quality seal for sustainability in the copper sector. Since March 30, 2020, mines and smelters have been able to have their sustainability performance audited and verified by third parties on a voluntary basis. As of now, 17 companies have joined the Copper Mark. Aurubis Bulgaria is the fourth smelter to receive the seal. At a later stage, processors along the entire value chain will be included. The 32 sustainability criteria of the Risk Readiness Assessment of the Responsible Minerals Initiative (RMI) apply to the Copper Mark, which cover topics such as compliance, child labor, environmental protection, and occupational safety. The Copper Mark is also oriented to the Sustainable Development Goals (SDGs), the framework of the United Nations. For the criterion of responsible copper, lead, nickel, and zinc sourcing, the Copper Mark has furthermore developed a due diligence standard that is also expected to be an important instrument for the LME, one of the world's most important metal exchanges, starting in 2022.

Further information about the Copper Mark at www.coppermark.org
 

Aurubis - Metals for Progress
Aurubis AG is a leading global provider of non-ferrous metals and one of the largest copper recyclers worldwide. The company processes complex metal concentrates, scrap metals, and metal-bearing recycling materials into metals of the highest quality. Aurubis produces more than 1 million tons of copper cathodes annually, and from them a variety of products such as wire rod, continuous cast shapes, profiles, and flat rolled products made of copper and copper alloys. Aurubis produces a number of other metals as well, including precious metals, selenium, lead, nickel, tin, and zinc. The portfolio also includes additional products such as sulfuric acid and iron silicate.

Sustainability is a fundamental part of the Aurubis strategy. "Aurubis responsibly transforms raw materials into value" - following this maxim, the company integrates sustainable conduct and business activities into the corporate culture. This involves a careful approach to natural resources, responsible social and ecological conduct in everyday business, and sensible, healthy growth.

Aurubis has about 7,200 employees, production sites in Europe and the US, and an extensive service and distribution system in Europe, Asia, and North America.

Aurubis shares are part of the Prime Standard Segment of the German Stock Exchange and are listed in the MDAX and the Global Challenges Index (GCX).

Further information at www.aurubis.com

 


26.04.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

Aurubis AG

Hovestrasse 50

20539 Hamburg

Germany

Phone:

+49 (0)40 / 78 83 - 31 78

Fax:

+49 (0)40 / 78 83 - 31 30

E-mail:

a.seidler@aurubis.com

Internet:

www.aurubis.com

ISIN:

DE0006766504

WKN:

676650

Indices:

MDAX

Listed:

Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1188187


 

End of News

DGAP News Service

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