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Alcoa Joins Metal Firms in Pledge to Eliminate Emissions by 2050

  • U.S. aluminum-maker’s goal includes cutting direct emissions
  • Company’s target involves curbing emissions by 30% by 2025
Signage outside Alcoa Corp. headquarters in Pittsburgh, Pennsylvania, U.S., on Sunday, April 11, 2021. Alcoa Corp. is scheduled to release earnings figures on April 15.
Photographer: Justin Merriman/Bloomberg

Alcoa Corp. set a goal to be carbon neutral by 2050 as the largest U.S. aluminum producer joins a number of metals producers that have already pledged to curb greenhouse-gas emissions and reduce their environmental impact.

Alcoa will cut its direct and some indirect emissions -- known as Scope 1 and Scope 2 -- from aluminum smelting and alumina refining operations by 30% by 2025 and 50% by 2030 from 2015 levels, the Pittsburgh-based company said in a Monday statement. The metal-maker said it intends to increase the use of renewable energy and expand its “low-carbon” assets.