Climate Change Data

ALRO Group

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:174,468 tCO2e (Scope 1) + 141,965 tCO2 (Scope 2) (ALRO, ALUM, VE)
Scope 1 Emissions:174,468 tCO2e (ALRO, ALUM, VE)
Scope 2 Emissions:141,965 tCO2 (ALRO, ALUM, VE)
Total Energy Consumption:5,022,279 GJ (ALRO, ALUM, VE)

ESG Focus Areas

  • Decarbonization
  • Environmental Protection
  • Workplace Safety
  • Green Factory, Factory of the Future, Innovative and Sustainable
  • Energy Efficiency
  • Green Energy
  • Circular Economy
  • Supply Chain Improvement
  • Anti-Corruption Practices and Business Ethics
  • Employee Development
  • Community Relations
  • Cybersecurity
  • Human Rights
  • Diversity & Inclusion

Environmental Achievements

  • Increased waste recycling up to 95%
  • Commissioned 30 electrolysis pots with AP12LE (low energy) technology
  • Implemented wastewater recirculation programs aiming for 80% reuse
  • Increased aluminium scrap recycling capacity to 100,000 tons per year

Social Achievements

  • Invested approximately 2 million dollars in programs for education, health, community welfare, youth development, and the environment
  • Granted scholarships and partnered with high schools and universities
  • Organized specialized courses for employees
  • Maintained Top Employer status

Governance Achievements

  • Established Sustainability Department
  • Implemented Integrity Whistleblowing Policy and Procedure at VE
  • Obtained ASI Performance Standard V3 Certification for Slatina operations
  • Obtained ASI Performance Standard V2 Certification for VE

Climate Goals & Targets

Long-term Goals:
  • Green Factory, Factory of the Future, Innovative and Sustainable
Medium-term Goals:
  • In-house electricity production from renewable sources (solar) by 2030
  • Construction of a 470 MW CCGT plant by 2027
  • Increase aluminium recycling capacity by 60,000 tons per year by 2024
Short-term Goals:
  • Align with EAA targets of 10% reduction in energy consumption per ton of aluminium by 2025
  • Increase renewable energy share
  • Increase recycling rate to over 80%
  • Zero biodiversity incidents by 2024

Environmental Challenges

  • Low demand for aluminium in Europe due to economic uncertainty
  • Reduction in aluminium quotations
  • Waste management challenges
  • Shortage of skilled labor
Mitigation Strategies
  • Focused on essential and strategic investments in energy efficiency and emission reduction
  • Partnered with Oltenia Energy Complex for electricity production
  • Continued construction of a photovoltaic park
  • Prioritized practical skills and motivation in recruitment

Supply Chain Management

Supplier Audits: 79% of ALRO suppliers completed ASI Performance Standard v3 questionnaire; 75% adhered to ALRO Supplier Code of Conduct

Responsible Procurement
  • ALRO Supplier Code of Conduct
  • ASI questionnaire for supplier assessment
  • Reputational risk assessment

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI 2021, SASB, EU Taxonomy Regulation 852/2020, TCFD

Certifications: ASI Performance Standard V3 (ALRO Slatina), ASI Performance Standard V2 (VE), ISO 9001, EN 9100, IATF 16949, ISO 14001, ISO 45001, ISO 50001, NADCAP

Third-party Assurance: Forvis Mazars Romania (limited assurance)

Sustainable Products & Innovation

  • Low carbon aluminium products (ALRO Essential, ALRO VitAL, ALRO VitAL Max)
  • 2xxx, 7xxx, and 5xxx series plates

Awards & Recognition

  • Sustainability Reporting & Communications prize (The Diplomat Bucharest)
  • Third place for Best Sustainability Report (ARIR)
  • EcoVadis Bronze rating (ALRO)
  • EcoVadis Silver rating (ALUM)