Alcoa Inc., officially known as Alcoa Corporation, is a leading player in the global 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. The company focuses on the entire aluminium value chain, from bauxite mining to the production of finished aluminium products. Alcoa's core offerings include aluminium smelting, casting, and rolling, distinguished by their commitment to sustainability and advanced technology. With a strong market position, Alcoa has achieved numerous milestones, including being one of the first companies to adopt environmentally responsible practices in aluminium manufacturing. Its dedication to innovation and efficiency continues to set Alcoa apart in a competitive landscape.
How does Alcoa Inc.'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.
Mean score of companies in the Transport Equipment Manufacturing 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.
Alcoa Inc.'s score of 18 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, Alcoa Inc., headquartered in the US, reported direct (Scope 1) carbon emissions of approximately 2,210 kg CO2e. This figure reflects a slight decrease from 2019, when emissions were about 2,300 kg CO2e. Alcoa has set ambitious long-term climate commitments, aiming for net zero greenhouse gas emissions across its global smelting and refining operations by 2050 for both Scope 1 and Scope 2 emissions. To achieve these goals, Alcoa has established short- and mid-term targets, including a 30% reduction in emissions intensity by 2025 and a 50% reduction by 2030, using a 2015 baseline for both Scope 1 and Scope 2 emissions. These initiatives demonstrate Alcoa's commitment to addressing climate change and reducing its carbon footprint in the aluminium industry.
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 Inc. 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.
