Alcoa Corporation
Unlocking the Power of Sustainable Aluminum
Let’s see how SustainSense* looks at Alcoa Corporation’s sustainability journey.

Main industry

Aluminium

Sector Size

$229.85 billion

Sector Growth rate:

5.9% annually

Market Characteristics:

Highly Diverse

Country

USA
Introduction

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

What you can do with Sprih

  • Measure
  • Measure
Experience seamless, auditable, accurate assessment of Scope 1,2, and 3 emissions. Build stakeholder confidence with finance-grade carbon analytics from Sprih.
  • Benchmark
  • Benchmark
Compare your sustainability status with the industry and peers. Understand your position, learn from the best, and use sustainability to distinguish your business
  • Plan
  • Plan
Chart your emission reduction roadmap with confidence using data. Expert guidance and ecosystem partners turn ambitious goals into real-world outcomes.
  • report
  • report
Generate accurate, auditable, comprehensive regulatory reports in one click, ensuring reduced compliance risk, better focus on business continuity and increased market access.
  • Exchange
  • Exchange
Foster a dynamic exchange of emissions data and sustainability recommendations, enabling suppliers to align with your sustainability vision and adopt a unified approach to environmental stewardship.

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