Arconic

Arconic's reported carbon emissions

Arconic, a US-based company in the machinery and equipment sector, reported total greenhouse gas (GHG) emissions of approximately 11.5 billion kg CO2e for 2023. This figure encompasses Scope 1, 2, and 3 emissions. In 2022, Arconic's total GHG emissions were approximately 12.6 billion kg CO2e. The breakdown for that year included Scope 1 emissions of about 860 million kg CO2e, Scope 2 emissions of approximately 560 million kg CO2e, and Scope 3 emissions totalling around 11.2 billion kg CO2e. Looking back, Arconic's total emissions were approximately 13.7 billion kg CO2e in 2021, 13.2 billion kg CO2e in 2020, and 15.1 billion kg CO2e in 2019. Arconic has set several climate commitments. The company aims to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Furthermore, Arconic is committed to reducing its Scope 1 and Scope 2 emissions by 30% from a 2020 baseline by 2030. In addition to these corporate targets, Arconic is part of a Science Based Targets initiative (SBTi) commitment. This SBTi commitment, approved using a streamlined route for small and medium-sized enterprises (SMEs), pledges to reduce Scope 1 and Scope 2 GHG emissions by 50% by 2030 from a 2018 base year. This target is considered consistent with keeping global warming to 1.5°C. The SBTi commitment also includes a pledge to measure and reduce Scope 3 emissions. The emissions data presented is not cascaded from a parent organisation.