Alcoa Corp. sets carbon neutral goal by 2050; Target to cut direct, indirect emissions from aluminium smelting and alumina refining

Alcoa Corporation, the United States' largest aluminium producer, no more lags behind in taking a pledge to curb greenhouse gas emissions and reduce environmental impact. Like many other companies, Alcoa has also reportedly set a goal to be carbon neutral, and the timeline is 2050.

As per the report, Alcoa will cut 30 per cent of direct and indirect emissions known as Scope 1 and Scope 2 from aluminium smelting and alumina refining operations by 2025 and decrease 50 per cent by 2030 from 2015 levels. Alcoa’s primary intention is to increase the use of renewable energy and expand low-carbon assets.

Alcoa’s Chief Executive Officer Roy Harvey said, “This new endeavor is an extension of our ongoing efforts to reach a decarbonization pathway. We have been recognized for our environmental practices, and we are developing new technologies that will help us progress toward our net-zero ambition by 2050.”

Alcoa has already formed a joint venture with Rio Tinto to develop a technology that will make green aluminium, whose production does not release carbon dioxide. The company has not yet outlined any plans to curb Scope 3 emissions or reduce environmental impacts caused by it on consumers or from someone from the supply chain.