Aluminium and renewable energy company Hydro and automotive company Mercedes-Benz extend their established, strategic partnership. Now they join forces to collaborate on a long-term program to promote positive impacts for people and nature in the Brazilian Amazon.

At Climate Week 2024 in New York, Hydro and Mercedes-Benz are launching the long-term “Corridor” program for sustainable development in the Amazon.

The Corridor program is committed to promote positive impact to people and nature in the Amazon. In the program, Hydro and Mercedes-Benz will join forces, together with the Brazilian NGOs IPAM, Imazon, and CEA, Boston Consulting Group and other partners. The aim is to protect human rights, the generation of income for local communities, restoration of nature, and the development of low-carbon value chains in the region.

“We are excited to further develop our strategic partnership with Mercedes-Benz, expanding our collaboration beyond low-carbon product development to create positive social and environmental impact in the Amazon. Working together, we aim to lift sustainability throughout our shared value chain, from mine to end-consumer product, while fostering economic opportunities and biodiversity conservation in the communities where we operate,” says Eivind Kallevik, President and CEO of Hydro.

The program is aimed at generating social positive impact in the region along the bauxite slurry pipeline operated by Hydro in Brazil. The pipeline is stretching 244 kilometers through seven municipalities in the State of Para, from Hydro’s bauxite mine in Paragominas to the Alunorte alumina refinery in Barcarena.

“In managing our supply chains responsibly, we concentrate on three goals: The decarbonization of our products, the promotion of human rights and the focus on more sustainability over the vehicles' entire life cycle. The joint Corridor program manages to connect all three. In close cooperation with our partners, it has the potential to push the vertical integration of our supply chain to a new level,“ says Gunnar Güthenke, Head of Procurement and Supplier Quality at Mercedes-Benz Cars.

About Hydro:

Hydro is committed to leading the way towards a more sustainable future, creating more viable societies by developing natural resources into products and solutions in innovative and efficient ways. Hydro is through its businesses present in a broad range of market segments for aluminium, energy, metal recycling, renewables and batteries, offering a unique wealth of knowledge and competence.

Towards 2030, Hydro will step up growth in aluminium recycling and extrusions, and its ambitions within renewable power generation. Hydro will execute on its decarbonization roadmap, and contribute to nature positive and a just transition, while shaping the market for greener aluminium.

 

Source: hydro.com

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