Arconic Corporation (โArconicโ or the โCompanyโ) has published its 2023 Sustainability Report, available on the Companyโs website. The report details Arconicโs progress against its 2030 Sustainability Goals and underscores the Companyโs commitment to reducing its environmental impact and protecting the welfare of its key stakeholders, employees, customers, suppliers, and the communities in which it operates.
โWe will continue our legacy of strong partnership with our customers, our suppliers, our employees and our communities as we strive to deliver the pioneering aluminum products and technologies that advance our world. We are focused on supporting our customers with products that enhance fuel efficiency, offer higher safety ratings, and improve thermal properties while supporting design for recyclability,โ said Chris Ayers, Chief Executive Officer.
He added, โThe culture at Arconic remains true to its foundation. We endeavor to operate in the most efficient and responsible manner, and we look forward to partnering with our stakeholders globally to create sustainable solutions for a better world.โ
Highlights from the Arconicโs 2023 Sustainability Report include:
- Zero fatalities; 1% decrease in Days Away, Restricted and Transfer Rate (DART);
- 6% reduction in overall greenhouse gas (GHG) emissions, year-over-year;
- More than $33 million invested in research and development to accelerate product innovation;
- Achieved EcoVadis silver rating in our first assessment;
- 53% of high-risk suppliers meet the Companyโs supply chain management program criteria;
- 17.6% women employees across the global workforce;
- $7 million invested in communities by Arconic Foundation to advance education, environmental sustainability, and social equity;
- Perfect score of 100 in the Human Rights Campaign Foundationโs Corporate Equality Index.
About Arconic
Arconic Corporation 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.
Forward-Looking Statements
This release may contain โforward-looking statementsโ within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include those containing such words as โanticipates,โ โbelieves,โ โcould,โ โestimates,โ โexpects,โ โforecasts,โ โgoal,โ โguidance,โ โintends,โ โmay,โ โoutlook,โ โplans,โ โprojects,โ โseeks,โ โsees,โ โshould,โ โtargets,โ โwill,โ โwould,โ or other words of similar meaning. Forward-looking statements include information concerning our liquidity and our possible future results of operations, including descriptions of our business strategies and the cost savings and other benefits we expect to achieve as a result of the actions discussed herein. These statements reflect beliefs and assumptions that are based on the Companyโs perception of historical trends, current conditions and expected future developments, as well as other factors the Company believes are appropriate in the circumstances. Although we believe that the assumptions and analysis underlying these statements are reasonable as of the date hereof, investors are cautioned not to place undue reliance on these statements. Actual 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 Companyโs control, including, among others, the risk factors that are described in our most recent Annual Report, Quarterly Reports and Current Reports. The statements in this presentation and the oral marks made in connection herewith are made as of todayโs date, even if subsequently made available by the Company on its website or otherwise. You should understand that these statements are not guarantees of future performance or results. 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.
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Contacts
Media Contact
Ryan Kish
(412) 992-2525
MediaInquiries@arconic.com
Investor Contact
Shane Rourke
(412) 315-2984
Investor.Relations@arconic.com
