Alcoa
Alcoa Corporation, commonly referred to as Alcoa, is a leading player in the 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. Specialising in the extraction, refining, and production of aluminium, Alcoa offers a diverse range of products, including aluminium sheets, plates, and extrusions. The company is renowned for its commitment to sustainability and advanced manufacturing techniques, which set its offerings apart in a competitive market. With a strong market position, Alcoa has achieved numerous milestones, including being one of the first companies to develop a fully integrated aluminium supply chain. Its dedication to innovation and environmental stewardship continues to drive its success in the global aluminium sector.
DitchCarbon Score
How does Alcoa'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 Iron and Steel Production 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
Alcoa's score of 37 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Alcoa's reported carbon emissions
In 2023, Alcoa reported significant greenhouse gas emissions, totalling approximately 21114000 kg CO2e for Scope 1, 25056000 kg CO2e for Scope 2, and a substantial 522174000 kg CO2e for Scope 3 emissions. This highlights the company's extensive carbon footprint across its operations. Alcoa has set ambitious climate commitments, aiming for a 30% reduction in greenhouse gas emission intensity from refining and smelting (Scope 1 and Scope 2) by 2025, using a 2015 baseline. The company has already achieved a 25.1% reduction in 2022. Furthermore, Alcoa aspires to reach net-zero emissions for Scope 1 and Scope 2 by 2050, with interim targets of a 50% reduction by 2030. In addition to these targets, Alcoa is committed to reducing its absolute U.S. greenhouse gas emissions by 50% by 2025 compared to a 2005 baseline. The company also aims for a 20% reduction in the combined energy intensity of its Engineered Products and Solutions and Transportation and Construction Solutions by 2020, increasing to 30% by 2030, based on a 2010 baseline. Overall, Alcoa's climate strategy reflects a strong commitment to sustainability and reducing its environmental impact, aligning with global efforts to combat climate change.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 25,300,000,000 | 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 | 00,000,000,000 | 00,000,000,000 | 000,000,000 |
| Scope 2 | 12,700,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 |
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.
Alcoa 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.
