Arconic
Arconic Corporation, a leading player in the global aluminium industry, is headquartered in the United States. Founded in 2016, following the spin-off from Alcoa, Arconic has quickly established itself as a key provider of innovative solutions in the aerospace, automotive, and building sectors. With major operations across North America, Europe, and Asia, the company focuses on advanced manufacturing processes and sustainable practices. Arconic's core offerings include high-performance aluminium products and engineered solutions, which are distinguished by their lightweight properties and exceptional strength. The company has achieved notable milestones, such as significant advancements in additive manufacturing and a commitment to reducing carbon emissions. As a result, Arconic holds a strong market position, recognised for its dedication to innovation and sustainability in the aluminium supply chain.
DitchCarbon Score
How does Arconic'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 Machinery and Equipment 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
Arconic's score of 44 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Arconic's reported carbon emissions
In 2023, Arconic reported total carbon emissions of approximately 11,510,000,000 kg CO2e, comprising 840,000,000 kg CO2e from Scope 1, 550,000,000 kg CO2e from Scope 2, and 10,120,000,000 kg CO2e from Scope 3 emissions. Over the years, the company has demonstrated a commitment to reducing its greenhouse gas emissions, particularly through its Science Based Targets initiative (SBTi) commitments. Arconic aims to achieve a 50% reduction in both Scope 1 and Scope 2 emissions by 2030, using 2018 as the baseline year. This target reflects the company's alignment with the necessary reductions to limit global warming to 1.5°C. Additionally, Arconic is focused on measuring and reducing its Scope 3 emissions, which represent a significant portion of its overall carbon footprint. The company's emissions data from previous years shows a trend of substantial emissions, with total emissions peaking at approximately 15,090,000,000 kg CO2e in 2019. This highlights the importance of their ongoing reduction initiatives as they strive to mitigate their environmental impact and contribute to global climate goals.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,540,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,820,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 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.
Arconic is participating in some 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.
