Alcoa has committed to achieving net zero greenhouse gas (GHG) emissions across its global operations by 2050. The company focuses on innovation, renewable energy adoption, and strategic partnerships to reduce emissions. With interim goals of reducing Scope 1 and 2 emissions by 30% by 2025 and 50% by 2030 from a 2015 baseline, Alcoa is actively advancing sustainability through initiatives like ELYSIS™ (carbon-free aluminum smelting) and the Refinery of the Future project
Emission Metrics and Reflection of Commitment
Total Emission
5.17 million metric tons
Net-0 Target Year
2050
Reduction in Scope 1 and 2, from 2015
27.2%
Emissions Breakdown
Actions and Commitments
Commitments Made and Actions taken by Alcoa
Renewable Energy Usage: In 2023, Alcoa increased its use of renewable electricity to 87%, surpassing its goal of sourcing 85% of electricity for its global smelting operations from renewable sources by 2025.
Tailings Management Transparency:Alcoa disclosed its performance against the Global Industry Standard on Tailings Management for facilities with the highest potential consequences, demonstrating a commitment to responsible waste management.
Modern Slavery Statement: The company issued its first global Modern Slavery Statement, highlighting its dedication to ethical practices and human rights.
Employee Engagement in Sustainability: Through a partnership with Earthwatch, the Alcoa Foundation annually sends employees to regions affected by climate change to engage in environmental research and promote sustainability
Safety Commitment: The company maintained its dedication to safety, achieving zero fatalities in 2023, reflecting its focus on responsible operations.he company issued its first global Modern Slavery Statement, highlighting its dedication to ethical practices and human rights.
Navigating the Roadblocks Ahead...
Reducing Scope 3 emissions due to supply chain complexities
Compliance with evolving regulatory frameworks
Managing operational energy intensity and costs
Balancing production efficiency with environmental goals
Transitioning high-emission facilities to renewable energy
Embracing Opportunities
Identifying Impact Opportunities
Transparent Reporting: Provide clear, accurate, and detailed disclosures on sustainability goals, progress, and challenges, aligned with globally recognized frameworks like SASB, TCFD, and SEC Climate Disclosures.
Third-Party Verification: Ensure all environmental claims, such as emissions reductions through renewable energy adoption beyond smelters, are independently verified by credible auditors.
Set Measurable Goals: Define specific, time-bound sustainability targets that are scientifically backed and achievable, avoiding vague or overly ambitious claims.
Leveraging Technology: Leveraging AI and data analytics for better emissions tracking.
Value Chain Accountability: Collaborate with suppliers and partners to ensure sustainability efforts are consistent throughout the value chain.
Continuous Monitoring and Adaptation: Regularly evaluate the effectiveness of sustainability initiatives and refine approaches based on data and stakeholder feedback.
Stay Ahead of Regulations and Reporting Requirements
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