Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

09 SEPTEMBER 2019 AL CIRCLE

Alcoa announces to implement new operating model to reduce overhead cost

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Alcoa Corporation, a global leader in bauxite, alumina, and aluminium products, has reportedly announced today, on September 9, that it will implement a new operating model with effect from November 1, 2019. The company said the new model would result in a leaner, more integrated, operator-centric organisation that accelerates the company’s strategic priorities.

Alcoa

{alcircleadd}

As per the report, the restructuring of the operating model will help Alcoa reduce its overhead cost, promote operational and commercial excellence, increase connectivity between the company’s plants and leadership, ensure safety, and generate sustainable profitability. The Alcoa executive team will be narrowed down to seven direct reports to the CEO from twelve and business unit structure will be eliminated. Sales, procurement, and other commercial capabilities will be consolidated on the other hand.

“These changes to our operating model build on the important progress we’ve made since our 2016 Separation to reduce complexity, drive returns and strengthen the balance sheet, all with the goal of creating a stronger Alcoa,” said Roy Harvey, President and Chief Executive Officer.

He added, “Most importantly, this new organizational structure reinforces that our operations are the heart of Alcoa. Among other benefits, it will promote stronger connectivity between our plants and executive leadership and swift decision-making.”

The seven members of Harvey’s Executive Team include Leigh Ann Fisher, the current Executive Vice President and Chief Administrative Officer; Jeffrey Heeter, Executive Vice President, General Counsel and Secretary; Benjamin Kahrs, Senior Vice President, Manufacturing Excellence and R&D; Michelle O’Neill, Senior Vice President, Global Government Affairs and Sustainability; William F. Oplinger, Executive Vice President and Chief Financial Officer; Timothy Reyes, Executive Vice President and President, Aluminum; John Slaven, Executive Vice President and Chief Strategy Officer.

Michael Parker, Executive Vice President and President, Alumina; and Garret Dixon, Executive Vice President and President, Bauxite, will depart Alcoa after assisting with the transition to the new operating model.

Additional organizational changes will be implemented to reduce overhead cost. Alcoa is already finalising the related financial impacts and expects to report restructuring charges at the close of the third quarter. By the end of the first quarter of 2020, the remodelling is expected to be substantially completed.

Tagged with: