Strategic Long-term Goals

Our strategic, long-term sustainability goals are integrated across our business to drive excellence in environmental management and create value for our stakeholders, including for the communities where we operate.

We review and update these goals on a periodic basis to ensure we are focused on items relevant for our company and its stakeholders.

We began implementing new goals for water conservation, waste management and social management in 2020. We also expanded our existing GHG goal to encompass our alumina refining segment in addition to our aluminum smelting operations.

In 2021, we announced our ambition related to climate change: achieve net zero greenhouse gas emissions (Scope 1 and Scope 2) across our global operations by 2050.

Strategic Long-term Goals

Goal 1

Align our GHG (direct + indirect) emissions reduction targets with the below 2º C decarbonization path by reducing GHG emission intensity by 30 percent by 2025 and 50 percent by 2030 from a 2015 baseline.

Achieve net zero greenhouse gas emissions by 2050.

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Aligns with the following United Nations Sustainable Development Goals:

Affordable and Clean AirResponsible Consumption and ProductionClimate Action

Progress

23.9 percent reduction from 2015

Goal 2

From a 2015 baseline, reduce the intensity of our total water use from water-scarce locations by 5 percent by 2025 and 10 percent by 2030.

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Aligns with the following United Nations Sustainable Development Goals:

Clean Water and SanitationIndustry, Innovation, and InfrastructureResponsible Consumption and ProductionLife Below Water

Progress

0.8 percent reduction from 2015

Goal 3

From a 2015 baseline, reduce landfilled waste by 15 percent by 2025 and 25 percent by 2030.

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Aligns with the following United Nations Sustainable Development Goals:

Responsible Consumption and ProductionLife On Land

Progress

36.0 percent reduction from 2015

Goal 4

From a 2015 baseline, reduce bauxite residue land requirements per metric ton of alumina produced by 15 percent by 2030.

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Aligns with the following United Nations Sustainable Development Goals:

Responsible Consumption and ProductionLife On Land

Progress

14.8 percent reduction from 2015

Goal 5

Maintain a corporate-wide running five-year average ratio of 1:1 or better for active mining disturbance (excluding long-term infrastructure) to mine rehabilitation.

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Aligns with the following United Nations Sustainable Development Goals:

Responsible Consumption and ProductionLife On Land

Progress

0.82:1 ratio for the 2016 to 2020 period

Goal 6

Zero fatalities and serious injuries (life-threatening or life-altering injuries and illnesses).

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Aligns with the following United Nations Sustainable Development Goals:

Good Health and Well-BeingDecent Work and Economic Growth

Progress

Zero fatalities and three serious injuries in 2021

Goal 7

Attain an inclusive everyone culture that reflects the diversity of the communities in which we operate.

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Aligns with the following United Nations Sustainable Development Goals:

Gender EqualityReduced Inequalities

Progress

Increased percent of women in our global employee populations from 15.6 to 17.17 percent

The percent of new hires from underrepresented populations was 38.06 percent

Goal 8

By 2022, implement a social management system at all locations, including the definition of performance metrics and long-term goals to be accomplished by 2025 and 2030.

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Aligns with the following United Nations Sustainable Development Goals:

Good Health and Well-BeingQuality EducationGender EqualityDecent Work and Economic GrowthReduced InequalitiesPeace, Justice, and Strong InstitutionsPartnerships for the Goals

Progress

Launched SP360 - Alcoa Social Management System that will be implemented through 2022