Industrial, Sourcing Renewables - June 27, 2023
Alcoa Boosts RE to 86% for Product Portfolio
Alcoa Corporation, a producer of aluminum, reported its progress on climate goals, including making a 4.6% annual decrease in carbon dioxide emissions. It also boosted to 86% the electricity coming from renewable sources for its global smelting portfolio.
The company also advanced sales of its SustanaTM brand of products, which helps customers in achieving their own sustainability goals.
Additionally, Alcoa continued development on research and development programs that have the potential to further decarbonize and help achieve Alcoa’s ambition of net zero GHG emissions by 2050.
The company provided details in its 2022 Sustainability Report.
“Responsible and sustainable practices are vital for our Company, our customers and the world,” said Alcoa President and CEO Roy Harvey in a statement. “In fact, strong Environmental, Social and Governance performance will be key differentiators for the future, and that is why Alcoa has a strategic priority to advance sustainably with a vision to reinvent the aluminum industry.”
The sustainability report maps Alcoa´s progress to indicators defined by the Sustainability Accounting Standards Board (SASB), key United Nations Sustainable Development Goals, and the International Council for Mining and Metals’ 10 Principles. The report was also prepared in accordance with Global Reporting Initiative (GRI) Core Standard.