Chongqing Yuefeng Aluminum Technology Co., Ltd. passed the Aluminum Management Initiative ASI Chain of Custody standard V2 certification
September 24, 2024
Chongqing Yuefeng Aluminum Technology Co., Ltd. has obtained ASI Chain of Custody (CoC) standard V2 (2022) certification for its remelting, casting and processing of aluminum alloy parts in Banan District, Chongqing, China.
The Aluminum Management Initiative (ASI) announced on September 20 that Chongqing Yuefeng Aluminum Technology Co., Ltd. has successfully obtained ASI CoC Standard V2 (2022) certification. The plant's main processes include remelting, die casting, cleaning/shot peening and machining, with a designed production capacity of 30,000 tons. The plant received ASI Performance Standard V3(2022) certification in December 2023.
ASI CoC Standard V2 specifies requirements for creating chains of custody for materials produced and processed through the value chain to different downstream sectors. The implementation of ASI CoC standards links proven practices in successive steps of the supply chain (certified against ASI performance standards) to products produced by ASI-certified entities. The CoC standard also confirms that appropriate policies and due diligence processes are in place to identify and address critical issues, such as corruption, human rights abuses, materials from conflict-affected and high-risk areas of the supply chain, and to support responsible sourcing.
The independent third-party audit of the Chongqing Yuefeng Aluminum Technology Co., Ltd. plant was performed by Shanghai Linxin Certification Service Co., LTD. Page 5 of the Summary audit report provides a complete list of audit findings, outlining the evidence for conformance and minor non-conformance. The audit identified a minor non-compliance in the material accounting system of Guideline 8.1. Chongqing Yuefeng Aluminum Technology Co., Ltd. will implement a corrective action plan, the implementation of which will be verified in a follow-up audit.
