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Alumex launches new ESG roadmap to shape a sustainable future

by malinga
December 15, 2024 1:05 am 0 comment 276 views

Managing Director, Alumex, Pramuk Dediwela (on left) presents the ESG Roadmap to Group Executive Director of Hayleys, Sarath Ganegoda at the launch event.

Alumex PLC launched a comprehensive Environmental, Social, and Governance (ESG) roadmap titled ‘Elevate’ at the Hayleys Head Office on December 3.

Managing Director of Alumex PLC, Pramuk Dediwela said, “ESG factors are crucial in the construction industry, across the value chain, within our manufacturing footprint and in the eyes of our discerning clients around the world. We are proud to launch our ESG framework as a roadmap for responsible, ethical, and sustainable business operations at Alumex.

“We believe this will raise the bar and set new benchmarks for sustainable business practices in the aluminum manufacturing sector. Elevate will provide us with a blueprint for driving sustainability, innovation, and accountability. “Environmentally, sustainable practices reduce carbon emissions and manage resources effectively, enhancing compliance and operational efficiency.

Socially, prioritising employee safety, fair labour practices and community engagement ensures that we are able to unlock innovation and strengthen resilience, which contribute towards business growth. Strong governance ensures transparency and ethical operations, mitigating risks and boosting investor confidence,” he said.

Alumex serves a diverse portfolio of international customers, many of whom are increasingly conscious of their environmental impact. The new roadmap envisions enhancing customer experience, with an objective to raise overall customer satisfaction scores to 85%, ensuring that stakeholders remain at the heart of the company’s operational strategies.

Alumex is committed to reducing its carbon emissions which aligns with global sustainability standards and benefits Sri Lanka by contributing to a lower overall carbon rating. The roadmap sets clear targets for the future, including a 25% reduction in greenhouse gas (GHG) intensity, aiming to contribute to global efforts against climate change while optimising energy use in operations. The company is focused on decarbonising its aluminium value chain by transitioning to cleaner energy sources and optimising production processes, while also promoting resource efficiency through effective recycling practices. The roadmap underscores the company’s commitment to responsible sourcing, with a goal of achieving 50% social and environmental screening of suppliers to ensure sustainable and ethical practices throughout the supply chain.

Alumex also prioritises biodiversity preservation and engages in habitat restoration, along with setting a 30% reduction target in water consumption intensity, reflecting a commitment to preserving water resources and minimising environmental impact, he said.

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