Alcoa
Alcoa Corporation, commonly referred to as Alcoa, is a leading player in the aluminium industry, headquartered in the United States. Founded in 1888, Alcoa has established itself as a pioneer in aluminium production and innovation, with significant operations across North America, South America, Europe, and Australia. Specialising in the extraction, refining, and production of aluminium, Alcoa offers a diverse range of products, including aluminium sheets, plates, and extrusions. The company is renowned for its commitment to sustainability and advanced manufacturing techniques, which set its offerings apart in a competitive market. With a strong market position, Alcoa has achieved numerous milestones, including being one of the first companies to develop a fully integrated aluminium supply chain. Its dedication to innovation and environmental stewardship continues to drive its success in the global aluminium sector.
DitchCarbon Score
How does Alcoa's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Iron and Steel Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Alcoa's score of 46 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Alcoa's reported carbon emissions
In 2023, Alcoa reported significant carbon emissions, with Scope 1 emissions totalling approximately 49,500,000 kg CO2e and Scope 3 emissions reaching about 400,000,000 kg CO2e globally. The company has set ambitious climate commitments, aiming for a 30% reduction in greenhouse gas (GHG) emission intensity from refining and smelting (Scope 1 and 2) by 2025, with a further 50% reduction by 2030, using a 2015 baseline. Additionally, Alcoa aspires to achieve net-zero emissions for Scope 1 and Scope 2 by 2050. In 2022, Alcoa's total Scope 1 emissions were approximately 16,800,000,000 kg CO2e, while Scope 2 emissions were about 4,000,000,000 kg CO2e. The company has also reported a 25.1% reduction in GHG emission intensity from a 2015 baseline of 7.1 metric tons CO2e per metric ton of aluminium by 2022. Alcoa's climate strategy includes a commitment to reduce absolute U.S. GHG emissions by 50% by 2025 compared to 2005 levels. The company is on track to demonstrate a net reduction of GHG emissions from the use of its products, aiming for a reduction equal to three times the emissions created by their production by 2025. Overall, Alcoa's climate commitments reflect a robust approach to sustainability, with clear targets and a focus on reducing emissions across all scopes, particularly in its refining and smelting operations.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 25,300,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 000 | 000 | 000 | 000 | 000 |
| Scope 2 | 12,700,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 3 | - | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Alcoa is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
