California semi-fabricated specialty aluminium producer Kaiser Aluminum released its sustainability report for 2020 on Friday, detailing the progress the firm has made on its environmental, social, and governance programming over the past two years.
Kaiser’s report outlined several accomplishments, including providing more metrics to the Sustainability Accounting Standards Board with the aim of providing better information to its Task Force on Climate-Related Financial Disclosures, improving the firm’s Human Rights and Diversity, Equity, Inclusion and Belonging Policies to closer reflect its corporate values and Code of Business Conduct and Ethics, and expanding the duties of its newly-renamed ESG Committee in order to provide better oversight of its ESG activities.
Also in the 2020 Sustainability Report was a description of Kaiser’s implementation of its long-term efforts at reducing Scope 1 and Scope 2 GHG emission intensity by one-fifth and reducing Scope 1, 2, and 3 estimated emissions by 30 percent by 2030.
Kaiser’s president and CEO Keith Harvey said in a statement that sustainability is key to the company’s long-term health.
“Our commitment to the sustainability of our business and creating long-term value for our stakeholders remains a critical and an integral part of our long-standing corporate values as we strive to be a preferred – investment, supplier, employer, customer and a valued corporate citizen. In addition to promoting the inherent sustainability and infinite recyclability of our aluminum products, our strategies and investments have consistently reflected an environmental focus.”
“We remain focused on adhering to our values and ensuring we maintain our corporate culture of continuous improvement as we develop and execute our strategy for long-term growth in a manner that supports the sustainability of Kaiser Aluminum, our employees and their families, the environment and interests of all of our stakeholders,” he concluded.