Alcoa has joined the World Economic Forum’s First Suppliers Hub, a global repository of suppliers providing materials needed to support the ambition of industrial decarbonisation in the world by 2050.
First Suppliers Hub is a database of global final product and value chain suppliers created by the First Movers Coalition; both the First Movers Coalition (FMC) and First Suppliers Hub are within the World Economic Forum.
Members of FMC set a target that at least 10 percent of their annual primary aluminium procurement volumes meet or exceed the Coalition’s definition for low-carbon primary aluminum. FMC defines low-carbon as below 3 tonnes CO2e per ton of primary aluminium on a cradle-to-gate basis. First Suppliers Hub simplifies First Movers Coalition members’ aim to leverage their purchasing power by sharing emerging decarbonisation technologies that meet or exceed FMC’s low-carbon levels.
“Alcoa’s breakthrough technologies support our customers’ decarbonisation efforts now and into the future,” said Renato Bacchi, Executive Vice President and Chief Commercial Officer at Alcoa. “By joining the First Suppliers Hub, we are further simplifying options for end-users at some of the world’s leading companies to reduce emissions within their supply chains.
“With ELYSIS®, we are capable of producing aluminium using an innovative carbon-free smelting process. Alcoa is working to bring our customers – and the world – closer to a lower carbon future.”