Alcoa (NYSE: AA) is a global industry leader in bauxite, alumina and aluminum products with a vision to reinvent the aluminum industry for a sustainable future. With a values-based approach that encompasses integrity, operating excellence, care for people and courageous leadership, our purpose is to Turn Raw Potential into Real Progress. Since developing the process that made aluminum an affordable and vital part of modern life, our talented Alcoans have developed breakthrough innovations and best practices that have led to greater efficiency, safety, sustainability and stronger communities wherever we operate.
Alcoa
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1.83
Overall Excellence Rating
Industry
ManufacturingCategory
Metal & Mineral ManufacturingESG/Ethical Impact
Alcoa has an ambition to reach net-zero emissions (Scope 1 and Scope 2) by 2050, with interim targets to achieve a 30 percent reduction by 2025 and a 50 percent reduction by 2030, using our 2015 baseline. We are working to develop technology projects that have the potential to help us reach our decarbonization ambitions. We have embarked on a global study to understand the long-term impacts of climate change on operating assets, using a broad range of science-based scenarios from the United Nations Intergovernmental Panel on Climate Change (IPCC). We know indirect emissions are an important part of the climate change equation, so we are considering potential approaches with respect to Scope 3 GHG emissions. This includes working collaboratively with our customers and business partners. In 2022, our carbon-reduction efforts included continued work on increasing the percentage of renewable energy powering our aluminum production. At the end of the year, 86 percent of our global smelting portfolio was powered by renewable energy such as hydropower, wind or sunlight. Our environmental priorities also include efforts to restore ecosystems that may be impacted by our operations. We strive to progressively rehabilitate mining sites and return decommissioned sites to productive reuse.
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Awards Received
2023
Revenues
10551000000.00
Website Traffic
Employee Rating
4.00
Customer Rating
3.80
Company Size
10000+
ESG Risk Rating
3.00
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