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Arconic Publishes 2021 ESG Report

Arconic Publishes 2021 ESG Report

Arconic has published its 2021 Environmental, Social and Governance (ESG) Report. The report, which can be downloaded from the ESG page of the company’s website, underscores the Company’s commitment to protect the environment, champion diversity, equity and inclusion, and conduct business ethically and transparently as part of its core values.

“Over the last year, we made significant progress on our journey to advance global sustainability throughout the aluminum value chain,” said Chief Executive Officer Tim Myers. “In 2021, we completed our first Materiality Assessment to identify our priority ESG topics through active dialogue with a diverse group of key stakeholders. This feedback is being incorporated into our action plans to minimize our carbon footprint, ensure a resilient supply chain, drive product sustainability, and continue to foster a culture that advocates for diversity, equity and inclusion.”

Arconic reports annual sustainability information and data in alignment with reporting frameworks including CDP, the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB) Metals and Mining Standard and the UN Global Compact (UNGC).

See related article: The Hershey Company Releases its 2021 ESG Report

Highlights of the Company’s ESG achievements in 2021 include:

Safety:

  • Total Recordable Incident Rate decreased by 7% compared to 2020
  • Days Away, Restricted and Transfer Rate decreased by 24% compared to 2020

Environmental:

  • Scope 1 greenhouse gas emissions intensity decreased by 5.5% compared to 2020
  • Scope 2 greenhouse gas emissions intensity decreased by 21.5% compared to 2020

Diversity, Equity and Inclusion

  • 40% of our global executives are female
  • 21.9% of our U.S. employees and 30% of our U.S. executives are ethnically diverse
  • $8.2 million granted to 132 nonprofit and community organizations in eight countries by Arconic Foundation in 2021
  • Perfect score of 100 in the Human Rights Campaign Foundation’s Corporate Equality Index
  • More than 4,300 actions recorded by Arconic employees in support of inclusion, diversity, and social equity

Source: Arconic Corporation

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