As part of vision to reinvent the aluminum industry for a sustainable future, Alcoa is backing an international, cross-industry strategy to limit global warming to 1.5 degrees Celsius, as recommended by the UN’s Intergovernmental Panel on Climate Change. The Mission Possible Partnership is an ambitious effort to achieve net-zero greenhouse gas emissions by 2050. It involves seven industrial sectors that are key to this transition to a low-carbon future, including aluminum, a critical material for decarbonization technologies.Key aspects of the MPP’s strategy include:Decarbonizing electricity consumption in aluminum manufacturingDecarbonizing direct emissions from aluminum processingIncreasing the recycling of aluminum scrapAlcoa already operates a global alumina refining system that has the world’s lowest average carbon dioxide equivalents, and more than 80 percent of our global smelting portfolio is powered by renewable energy.The MPP’s strategy includes components that align with Alcoa’s existing decarbonization path. This includes our ambition to achieve net-zero GHG emissions across all global operations by 2050. Serving as a backbone to this plan is a technology roadmap that includes innovations such as our ELYSIS™ joint venture, which eliminates all GHG emissions from the smelting process, and our Refinery of the Future initiative that bundles numerous technologies and process improvements to eliminate emissions while also developing beneficial applications for bauxite residue.
As part of vision to reinvent the aluminum industry for a sustainable future, Alcoa is backing an international, cross-industry strategy to limit global warming to 1.5 degrees Celsius, as recommended by the UN’s Intergovernmental Panel on Climate Change. The Mission Possible Partnership is an ambitious effort to achieve net-zero greenhouse gas emissions by 2050. It involves seven industrial sectors that are key to this transition to a low-carbon future, including aluminum, a critical material for decarbonization technologies.Key aspects of the MPP’s strategy include:Decarbonizing electricity consumption in aluminum manufacturingDecarbonizing direct emissions from aluminum processingIncreasing the recycling of aluminum scrapAlcoa already operates a global alumina refining system that has the world’s lowest average carbon dioxide equivalents, and more than 80 percent of our global smelting portfolio is powered by renewable energy.The MPP’s strategy includes components that align with Alcoa’s existing decarbonization path. This includes our ambition to achieve net-zero GHG emissions across all global operations by 2050. Serving as a backbone to this plan is a technology roadmap that includes innovations such as our ELYSIS™ joint venture, which eliminates all GHG emissions from the smelting process, and our Refinery of the Future initiative that bundles numerous technologies and process improvements to eliminate emissions while also developing beneficial applications for bauxite residue.
