Maxion Wheels Becomes the First Wheel Manufacturer to Join Aluminum and Steel Industry in Pursuit of Zero Carbon Emissions
Königswinter, GERMANY, August 18, 2022 – Maxion Wheels, the world’s largest wheel manufacturer, announced today that it joined the Aluminium Stewardship Initiative (ASI) and ResponsibleSteel not-for-profit sustainability member organizations committed to the responsible sourcing, production and use of aluminum and steel.
“Maxion Wheels produces more than 50 million wheels a year, requiring the purchase of almost one million tons of steel, and some two hundred thousand tons of aluminum,” offered Giorgio Mariani, Vice President, Global Supply Chain, Maxion Wheels. “With Maxion Wheels’ ROADMAP ZERO commitment for carbon neutrality by 2040, every step of our production life cycle is undergoing the necessary sustainability analysis and adjustments needed to meet this goal. A major contributor of carbon in our process is from the raw material we purchase.”
As a Business category member of ResponsibleSteel, Maxion Wheels joins the not-for-profit multi-stakeholder organization in its work to transform the global steel industry through sustainability standards and certification of the entire supply chain.
As a Full Member in ASI’s Production and Transformation membership class, Maxion Wheels’ affiliation reflects its commitment to enhance transparency and due diligence throughout the aluminum supply chain. With certification of ASI’s standards, the company takes the first step to consciously source for aluminum produced with positive environmental, social and governance performance.
“Maxion Wheels is eager to join both of these organizations, and collaborate with our fellow industry peers to set the standards and certification needed for sustainably sourced material,” added Pia Schutz, Director of Global Supply Chain Sustainability, Maxion Wheels. “This standardization work creates value not only for Maxion as the wheel manufacturer, but for our customers up stream, and our suppliers downstream – we must address emissions reduction in a consistent and dependable way.”