Paris-based Constellium SE, which produces value-added aluminum products for a broad scope of markets and applications, including aerospace, automotive and packaging, has announced that it is joining the First Movers Coalition (FMC). The FMC is a World Economic Forum- and the U.S. government-led global initiative to accelerate zero-carbon technologies and reduce carbon emissions by decarbonizing seven “hard to abate” industrial sectors that account for 30 percent of global emissions: aluminum, aviation, chemicals, concrete, shipping, steel and trucking.
The FMC seeks to leverage companies’ combined purchasing power. More than 50 companies have joined the coalition to drive more green demand and low-carbon technologies and to help advance the world’s climate goals, Constellium says.
“We are proud to join the First Movers Coalition and to contribute to a faster decarbonization journey for the industry,” says Jean-Marc Germain, CEO of Constellium. “Aluminum is fully and easily recyclable, and nearly 75 percent of all aluminum ever produced is still in use today. The aluminum industry has a great role to play to promote the circular economy of tomorrow, and we are excited to further leverage our sustainability actions with this global program. We are committed to do our part in the fight against climate change and to collaborate across the value chain to help drive the low-carbon transition.”
Nancy Gillis, FMC program head at the World Economic Forum, says, “Constellium’s impact across the value chain makes the company a tremendous addition to the First Movers Coalition. We look forward to partnering with Constellium to encourage clean energy innovation and move the aluminum industry toward a zero-carbon future.”
By joining the FMC, Constellium pledges that by 2030, 10 percent of its primary aluminum purchases will be near-zero emissions, emitting less than 3 tons of CO2 per ton. The FMC pledge also includes a commitment that by 2030 at least 50 percent of all aluminum Constellium uses will be from recycled sources.
Constellium says its commitments to the FMC complement its targets to accomplish a 30 percent reduction in carbon emissions intensity by 2030 (Scopes 1, 2 and 3) and to increase its recycled input. They also further its engagement to build a sustainable supply chain. Constellium is a founding member of the Aluminium Stewardship Initiative and has certified several of its facilities. The company also has recently joined the Mission Possible Partnership, an alliance of climate leaders focused on boosting decarbonization across the entire value chain of the world’s highest-emitting industries in the next 10 years.
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