Int. Aluminium Institute Report on Industry's Impact

Published on:
by KnowESG
Picture of International Aluminium Institute releases report detailing the industry's impact on the environment.

The International Aluminium Institute (IAI) put out a report that looks at what the aluminium industry is doing now and what it could do in the future to help achieve the United Nations Sustainable Development Goals (UN SDGs).

The research, titled 'The Aluminium Industry's Contribution to the UN Sustainable Development Goals,' examines the institute's recent work, the operations of enterprises in the aluminium sector, the benefits of using aluminium, and other collaborative efforts.

It also shows how the industry affects each of the 17 SDGs, with links to specific case studies and other resources. This can be used to start a conversation with stakeholders about gaps and possible opportunities for the sector to progress toward achieving the goals.

Miles Prosser, IAI Secretary-General said, "Sustainable development and ESG issues are at the forefront of the metals and mining industries at present. With the UN's Sustainable Development Goals as a framework, the aluminium industry, through the International Aluminium Institute, has evaluated its contribution across a comprehensive suite of global goals and targets. This analysis is meant to help the industry understand its current state and start a conversation about what can be done to speed up action and progress over the next ten years.

"Though the report provides a comprehensive reference for the industry and other stakeholders, there are clearly gaps that still need to be filled. The IAI will continue to engage with stakeholders to reflect on potential opportunities for the sector to progress this stream of work," Mr Prosser noted.

This report's framework is based on the outcomes of an IAI-hosted industry workshop held in August 2021, continued input from company representatives, desktop research, and analysis of publicly available papers and materials. The statistic shows the industry's current operations and contributions, with the IAI collaborating with regional aluminium organisations to give a complete worldwide overview, including all key aluminium-producing locations.

"The aluminium industry is a major contributor to our global economy, providing employment, infrastructure, and billions of dollars in taxes to support livelihoods. But we recognise that, as an industry, contributing to sustainable development requires both responsibilities in producing the metal and realising the metal's benefits through its use in sustainable applications. It also requires continued and collaborative efforts from all stakeholders along the value chain. IAI is committed to expanding on this work and will continue to seek open dialogue with key stakeholders involved in activities related to the goals," Mr Prosser added.

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Source: PRNewswire


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