Phoenix

Environmental thesis

Aluminum is the fastest growing base metal and is key in the transition towards sustainable materials: its high recyclability, lightweight properties and durability make it a long-term sustainable material. In particular, aluminum is the preferred choice for reducing weight in the transportation industry (automotive, railway, aerospace): in the automotive sector, for example, 1kg of aluminum can substitute up to 1.8-2.0kg of steel, driving strong energy savings and CO2 emissions reduction. Aluminum adoption is growing also in the construction and general industrial sectors thanks to very high strength-to-weight ratio. Thanks to its critical role in the aluminum extrusion industry, Phoenix International is proactively supporting the shift towards sustainable materials across sectors. In the coming years, Phoenix International is committed to further develop its offering in order to address the increasing demand for extruded aluminum across industries and applications.

Business

Phoenix International, headquartered in Verdello (Italy), is the European leader manufacturer of aluminum extrusion dies, with focus on complex and technologically advanced dies. Extrusion dies are a mission-critical component in the aluminum extrusion process given their key role in final shape and performance of the extruded aluminum profile. Phoenix’s dies are used in a variety of applications across the transportation (highway, off-highway, railway, aeroplanes), construction (window frames, building facades, curtain walls) and general industrial sectors. Phoenix International was founded in 1972 and in 2018 operated out of 8 production plants, of which 5 outside Italy, served more than 250 customers including all the leading aluminum extruders worldwide.
Ambienta invested in Phoenix International in May 2019.


Environmental impact and sustainable development goals

Ambienta only invests in businesses which have a positive impact on the environment through either, or both, a Resource Efficiency or Pollution Control contribution. Our proprietary methodology, the Environmental Impact Analysis, allow us to measure the contribution of different businesses to sustainability in terms of Resource Efficiency and Pollution Control which we capture through 11 Environmental Metrics.

Our Methodology and Metrics are fully aligned with the UN Sustainable Development Goals adopted in 2015. Through our investment scope definition that focuses on products and services that improve Resource Efficiency and Pollution Control we fully capture 10 of the 17 Goals and their respective sub-goals.

For each portfolio company we report then its impact both in terms of our metrics and SDGs.

Resource efficiency

Phoenix’s contribution to Resource Efficiency is summarized by the following Environmental Metrics and SDGs:

Energy saved

Pollution control

Phoenix’s contribution to Pollution Control is summarized by the following Environmental Metrics and SDGs:

CO2 Emissions reduced