Arconic
Arconic Corporation, a leading player in the global aluminium industry, is headquartered in the United States. Founded in 2016, following the spin-off from Alcoa, Arconic has quickly established itself as a key provider of innovative solutions in the aerospace, automotive, and building sectors. With major operations across North America, Europe, and Asia, the company focuses on advanced manufacturing processes and sustainable practices. Arconic's core offerings include high-performance aluminium products and engineered solutions, which are distinguished by their lightweight properties and exceptional strength. The company has achieved notable milestones, such as significant advancements in additive manufacturing and a commitment to reducing carbon emissions. As a result, Arconic holds a strong market position, recognised for its dedication to innovation and sustainability in the aluminium supply chain.
DitchCarbon Score
How does Arconic'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 Machinery and Equipment 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
Arconic's score of 49 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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Arconic's reported carbon emissions
In 2023, Arconic reported total carbon emissions of approximately 11,510,000,000 kg CO2e. This figure includes 840,000,000 kg CO2e from Scope 1 emissions, 550,000,000 kg CO2e from Scope 2 emissions, and a significant 10,120,000,000 kg CO2e from Scope 3 emissions. Compared to 2022, where total emissions were about 12,610,000,000 kg CO2e, this indicates a reduction in overall emissions. Arconic has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the company is committed to a 30% reduction in Scope 2 emissions from a 2020 baseline by 2030. Furthermore, it has established a target to reduce Scope 1 emissions by 30% from the same baseline by 2030. The company’s targets have been validated by the Science Based Targets initiative (SBTi), which includes a commitment to reduce Scope 1 and Scope 2 GHG emissions by 50% by 2030 from a 2018 base year, while also measuring and reducing Scope 3 emissions. These initiatives reflect Arconic's dedication to addressing climate change and reducing its carbon footprint in alignment with industry standards.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,540,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,820,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000,000 | 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 |
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.
Arconic is participating in some 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.
