Alcoa Pledges to Do Away with Greenhouse Gas Emissions
The net-zero GHG emissions goal is part of the company’s broader focus on sustainability practices.
SEATTLE (Scrap Monster): Alcoa Corporation announced its ambition to reach net zero scope 1 and scope 2 greenhouse gas (GHG) emissions across its global operations by 2050. This aligns with the existing target, which aims to reduce direct and indirect GHG emissions from aluminum smelting and alumina refining operations by 30% by 2025 and by 50% by 2030, compared to 2015 baseline.
In a press release, the company announced plans to grow its low-carbon portfolio. The increased use of renewable energy will lead to further reduction of emissions from its refining and smelting operations. The introduction of breakthrough innovations and latest technologies will unlock decarbonisation, thus reducing emissions in the alumina refining process.
The net-zero GHG emissions goal is part of the company’s broader focus on sustainability practices.
Roy Harvey, President and CEO, Alcoa Corporation stated that the company is proud of its commitment to responsible ESG practices. The new endeavour is an extension of its ongoing efforts to reach a decarbonisation pathway. It is developing new technologies including ELYSIS zero-carbon smelting process and mechanical vapour recompression (MVR) to ensure progress towards its stated goal, he added.
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