Arconic

Arconic, a US-headquartered company in the machinery and equipment sector, reported total carbon emissions of approximately 11.51 billion kg CO2e in 2023. This figure comprises about 840 million kg CO2e from Scope 1 emissions, 550 million kg CO2e from Scope 2 emissions, and approximately 10.12 billion kg CO2e from Scope 3 emissions.

Looking back, their total emissions were about 12.61 billion kg CO2e in 2022, 13.73 billion kg CO2e in 2021, 13.21 billion kg CO2e in 2020, and 15.09 billion kg CO2e in 2019. In 2018, Arconic's Scope 1 emissions were about 1.1 billion kg CO2e and Scope 2 emissions were approximately 1.01 billion kg CO2e. For 2017, Scope 1 emissions were around 1.1 billion kg CO2e and Scope 2 emissions were approximately 1.09 billion kg CO2e. In 2016, the company reported Scope 1 emissions of approximately 1.07 billion kg CO2e, Scope 2 emissions of around 1.1 billion kg CO2e, and Scope 3 emissions of roughly 8.56 billion kg CO2e. In 2015, Scope 1 emissions were approximately 1.54 billion kg CO2e and Scope 2 emissions were about 1.82 billion kg CO2e.

Arconic has set several climate commitments. The company aims to reduce its Scope 1 emissions to near zero by 2025 and has a target to cut Scope 1 emissions by 30% from a 2020 baseline by 2030. Similarly, Arconic intends to reduce its Scope 2 emissions to near zero by 2025 and is committed to reducing Scope 2 emissions by 30% from a 2020 baseline by 2030.

Additionally, Arconic Corporation has Science Based Targets initiative (SBTi) commitments (cascaded from Arconic Corporation). As a Small or Medium Enterprise (SME), Arconic Corporation commits to reduce Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030 from a 2018 base year, and to measure and reduce its Scope 3 emissions. These targets are aligned with keeping global warming to 1.5°C.