Our sustainability strategy is based on the foundation of adding value through commitment. We integrate sustainable action into our business model and thereby secure new business potentials.
Long-term profitable growth and sustainability are key elements of our corporate strategy.
2017 was a special year for AMAG. We not only achieved the highest operating result in the company’s history, but also reached an important milestone for the successful future of AMAG with the
commissioning of the new plants in connection with the site expansion project.
Rising awareness presents us with new challenges, as well as opening up opportunities. In this context, economy, ecology and social development are to be brought into harmony.
Economically sustainable business means generating sustainable, profitable growth through production that efficiently handles goods and resources, while also making viable socio-economic contributions.
Risk aware corporate management reflecting moral and ethical principles secures the company's continued existence and value.
Ecologically, we aim to efficiently utilise resources, construct production facilities that operate in an environmentally compatible manner and supply our customers with environmentally compatible products.
Aluminium is not only distinguished by its lightweight properties, but also by the fact that it can be infinitely recycled – and without loss of quality. Aluminium scrap can be reintroduced repeatedly into the value creation cycle – an advantage both ecologically and economically, as aluminium scrap recycling requires just 5 % of the energy that would be needed for primary metal production, while aluminium scrap also contains valuable alloy elements. The processing and recycling of aluminium scrap, which we have expanded as part of our site expansion project, is essential in this context.
Aluminium scrap represents the most important input material at the Ranshofen site in volume terms. The scrap utilisation rate in the production of foundry alloys and rolling slabs averages 75 to 80 %. The main reasons for this extraordinarily high recycling share on a sector comparison include the employees’ many years of recycling expertise, ongoing investments in advanced, leading edge sorting, processing and smelter technologies, and the high alloy diversity at the integrated location in Ranshofen. Consequently, it is possible to utilise aluminium scrap with highly differing characteristics and chemical composition for high-quality products.
Together with our customers, we are working on closing materials cycles in industrial production, referred to as the closed-loop concept. The aim is to retain aluminium within a cycle that maintains the metal's value.
Our primary aluminium smelter in Canada also sets benchmarks in sustainable production by deploying electricity from hydropower.
AMAG owns a 20 % interest in Canada’s Alouette smelter, the largest smelter in North and South America. Harnessing hydroelectric power and thanks to high energy efficiency levels, together with partners around 600,000 tonnes of primary aluminium are produced per year. The 20 % interest secures access to primary aluminium for the Austrian site.
Did you know that...
- aluminium can be recycled endlessly without any loss of quality?
- 95% less energy is used in aluminium recycling than in the production of primary aluminium?
- 75% of all the aluminium ever produced is still in circulation?
- AMAG is capable of processing virtually all of the types of scrap currently available on the markets?
Integrated annual reporting
Since the reporting year 2017, AMAG reports about its substantial economic, environmental and social aspects in an Integrated Annual Report.