- 2030 Sustainability Goals aligned with the United Nations
Sustainable Development Goals
- REAL (Responsible. Essential. Aluminum.) campaign showcases the
Company’s wide-ranging commitment to sustainable business
practices
Leading aluminum sheet, plate, extrusions, and architectural
products manufacturer Arconic Corporation (NYSE: ARNC) (“Arconic”
or the “Company”) announced the details of its 2030 Sustainability
Goals along with a campaign that will highlight the Company’s
commitment and progress toward its sustainability agenda.
In four key areas – Planet, People, Products, and Process –
Arconic is targeting to achieve the following results by 2030
compared to a base year of 2021:
- 30% reduction in Scope 1, 2, and 3 GHG emissions intensity
- 10% reduction in energy intensity
- 35% women in salaried workforce
- 80% of high-risk suppliers achieve management program
compliance
- Increase partnerships to accelerate product innovation
- Increase product circularity through sourcing and use
improvements
Arconic also published its 2022 Sustainability Report, which
includes details on progress made in the key areas of
sustainability over the past year.
Tim Myers, Chief Executive Officer, said, “Our purpose is to
create sustainable solutions for a better world, and we have
aligned our Sustainability Goals in a way that is meaningful and
actionable, not just aspirational. As a fabricator of infinitely
recyclable aluminum, our products are inherently sustainable, but
we need to work with our customers and suppliers to ensure that we
are reducing our carbon footprint related to processes throughout
our value chain.”
He added, “With regard to people, we believe that diversity of
thought leads to better decision-making outcomes. We have included
gender equity in our targets, and we’re already moving the needle.
The percentage of salaried women at Arconic reached 31% last year,
which is high for companies in our industry. Remarkably, 40% of our
most senior executives are women, as are 38% of my current lead
team. We’ve made real progress and we aim to go further.”
“The rationale behind REAL is that our commitment to
sustainability is authentic and we are pursuing tangible outcomes
for our people, processes, products and the planet. Together, we
are responsible for the impact we have on the future. With its
sustainable and high-performing characteristics, aluminum is an
essential part of everyday life,” said Lauren Wilk, Vice President,
Government Affairs and Sustainability at Arconic.
The visual campaign that includes Arconic’s REAL (Responsible.
Essential. Aluminum.) commitment brochure and video can be
downloaded from the Sustainability page of the Company’s website.
The Company’s 2022 Sustainability Report is also published on the
Company’s website at
https://www.arconic.com/sustainability-report.
About Arconic
Arconic Corporation (NYSE: ARNC), headquartered in Pittsburgh,
Pennsylvania, is a leading provider of aluminum sheet, plate, and
extrusions, as well as innovative architectural products, that
advance the ground transportation, aerospace, building and
construction, industrial and packaging end markets. For more
information: www.arconic.com.
Dissemination of Company Information
Arconic intends to make future announcements regarding Company
developments and financial performance through its website at
www.arconic.com.
Forward-Looking Statements
This release contains statements that relate to future events
and expectations and, as such, constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements include those
containing such words as “anticipates,” “believes,” “could,”
“estimates,” “expects,” “forecasts,” “goal,” “guidance,” “intends,”
“may,” “outlook,” “plans,” “projects,” “seeks,” “sees,” “should,”
“targets,” “will,” “would,” or other words of similar meaning. All
statements that reflect the Company’s expectations, assumptions,
projections, beliefs or opinions about the future, other than
statements of historical fact, are forward-looking statements,
including, without limitation, statements, relating to the
condition of, or trends or developments in, the ground
transportation, aerospace, building and construction, industrial,
packaging and other end markets; the Company’s future financial
results, operating performance, working capital, cash flows,
liquidity and financial position; cost savings and restructuring
programs; the Company’s strategies, outlook, business and financial
prospects; share repurchases; costs associated with pension and
other post-retirement benefit plans; projected sources of cash
flow; potential legal liability; the impact of inflationary price
pressures; and the potential impact of public health epidemics or
pandemics, including the COVID-19 pandemic. These statements
reflect beliefs and assumptions that are based on the Company’s
perception of historical trends, current conditions and expected
future developments, as well as other factors the Company believes
are appropriate in the circumstances. Forward-looking statements
are not guarantees of future performance, and actual results may
differ materially from those indicated by these forward-looking
statements due to a variety of risks, uncertainties and changes in
circumstances, many of which are beyond the Company’s control. Such
risks and uncertainties include, but are not limited to: (i)
continuing uncertainty regarding the impact of the COVID-19
pandemic on our business and the businesses of our customers and
suppliers; (ii) deterioration in global economic and financial
market conditions generally; (iii) unfavorable changes in the end
markets we serve; (iv) the inability to achieve the level of
revenue growth, cash generation, cost savings, benefits of our
management of legacy liabilities, improvement in profitability and
margins, fiscal discipline, or strengthening of competitiveness and
operations anticipated or targeted; (v) adverse changes in discount
rates or investment returns on pension assets; (vi) competition
from new product offerings, disruptive technologies, industry
consolidation or other developments; (vii) the loss of significant
customers or adverse changes in customers’ business or financial
condition; (viii) manufacturing difficulties or other issues that
impact product performance, quality or safety or timely delivery;
(ix) the impact of pricing volatility in raw materials and
inflationary pressures on our costs of production, including
energy; (x) a significant downturn in the business or financial
condition of a key supplier or other supply chain disruptions; (xi)
challenges to or infringements on our intellectual property rights;
(xii) the inability to successfully implement or to realize the
expected benefits of strategic initiatives or projects; (xiii) the
inability to identify or successfully respond to changing trends in
our end markets; (xiv) the impact of potential cyber attacks and
information technology or data security breaches; (xv)
geopolitical, economic, and regulatory risks relating to our global
operations, including compliance with U.S. and foreign trade and
tax laws and other regulations, potential expropriation of
properties located outside the U.S., sanctions, tariffs, embargoes,
and renegotiation or nullification of existing agreements; (xvi)
the outcome of contingencies, including legal proceedings,
government or regulatory investigations, and environmental
remediation and compliance matters; (xvii) the impact of the
ongoing conflict between Russia and Ukraine on economic conditions
in general and on our business and operations, including sanctions,
tariffs, and increased energy prices; (xviii) the timing, receipt
and terms and conditions of any required governmental and
regulatory approvals of the proposed transaction that could reduce
anticipated benefits or cause the parties to abandon the proposed
transaction; (xix) the occurrence of any event, change or other
circumstances that could give rise to the termination of the merger
agreement entered into pursuant to the proposed transaction; (xx)
the possibility that the Company’s stockholders may not approve the
proposed transaction; (xxi) the risk that the parties to the merger
agreement may not be able to satisfy the conditions to the proposed
transaction in a timely manner or at all; (xxii) risks related to
disruption of management time from ongoing business operations due
to the proposed transaction; (xxiii) the risk that any
announcements relating to the proposed transaction could have
adverse effects on the market price of the Company’s common stock;
(xxiv) the risk of any unexpected costs or expenses resulting from
the proposed transaction; (xxv) the risk of any litigation relating
to the proposed transaction; (xxvi) the risk that the proposed
transaction and its announcement could have an adverse effect on
the ability of the Company to retain customers and retain and hire
key personnel and maintain relationships with customers, suppliers,
employees, stockholders and other business relationships and on its
operating results and business generally; and (xxvii) the other
risk factors summarized in the Company’s Annual Report on Form 10-K
for the year ended December 31, 2022 and other documents filed by
the Company with the SEC. The above list of factors is not
exhaustive or necessarily in order of importance. Market
projections are subject to the risks discussed above and in this
release, and other risks in the market. The statements in this
release are made as of the date set forth above, even if
subsequently made available by the Company on its website or
otherwise. The Company disclaims any intention or obligation to
update any forward-looking statements, whether in response to new
information, future events, or otherwise, except as required by
applicable law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230601005321/en/
Media Contact Tracie Gliozzi (412) 992-2525
Tracie.Gliozzi@arconic.com
Investor Contact Shane Rourke (412) 315-2984
Shane.Rourke@arconic.com
Arconic (NYSE:ARNC)
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부터 11월(11) 2024 으로 12월(12) 2024
Arconic (NYSE:ARNC)
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부터 12월(12) 2023 으로 12월(12) 2024
