Net Zero Industry Tracker 2024

428. International Aluminium Institute (IAI. (2023). Metallurgical Alumina Refining Energy Intensity. https://international-aluminium.org/statistics/metallurgical-alumina-refining-fuel-consumption/. 429. Mission Possible Partnership (MPP). (2023). Aluminium. https://www.missionpossiblepartnership.org/action-sectors/aluminium/. 430. Ibid. 431. Accenture analysis based on BloombergNEF. 432. International Aluminium Institute (IAI). (2024). The Global Aluminium Cycle. https://alucycle.world-aluminium.org/public-access/. 433. Accenture analysis based on Mission Possible Partnership (MPP). (2023). Aluminium. https://www.missionpossiblepartnership.org/action-sectors/aluminium/. 434. Aluminium Stewardship Initiative (ASI). (2023). Issue Brief: Low Carbon Aluminium. https://aluminium-stewardship.org/ low-carbon-aluminium. 435. Accenture analysis. 436. Reuters. (2023). China boosts green aluminium certification as demand grows. https://www.reuters.com/sustainability/ china-boosts-green-aluminium-certification-demand-grows-2023-11-07/. 437. Rio Tinto. (2021). Rio Tinto launches START: the first sustainability label for aluminium using blockchain technology. https://www.riotinto.com/fr-ca/can/news/releases/rio-tinto-launches-start-the-first-sustainability-label-for-aluminium- using-blockchain-technology. 438. Romco Metals. (n.d.). LME Launches Sustainability Register for Aluminium and Other Metals. https://romcometals.com/ lme-launches-sustainability-register-for-aluminium-and-other-metals/. 439. Accenture analysis based on MPP . 440. Mission Possible Partnership (MPP). (2023). Aluminium. https://www.missionpossiblepartnership.org/action-sectors/ aluminium/. 441. Accenture analysis based on S&P Capital data. 442. Damodaran Online. (n.d.). Data: Current. https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datacurrent.html#. 443. European Commission. (n.d.). What is the EU ETS? https://climate.ec.europa.eu/eu-action/eu-emissions-trading-system- eu-ets/what-eu-ets_en. 444. ERCST. (2021). The aluminium value chain and implications for CBAM design. https://ercst.org/wp-content/ uploads/2021/08/The-aluminium-value-chain-and-implications-for-CBAM-design.pdf. 445. Aluminium Stewardship Initiative (ASI). (2023). ASI Performance Standard Version 3 recognised in the Green Building Council Australia’s Responsible Products Framework. https://aluminium-stewardship.org/asi-performance-standard- version-3-recognised-in-the-green-building-council-australias-responsible-products-framework. 446. Home, A. (2023). Europe adds aluminium to its critical raw materials list. Reuters. https://www.reuters.com/markets/ commodities/europe-adds-aluminium-its-critical-raw-materials-list-andy-home-2023-07-06/. 447. Chen, A. (2022). China delays metals sector’s climate target amid slow shift to renewables. S&P Global. https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/china-delays-metals-sector-s- climate-target-amid-slow-shift-to-renewables-73247390. 448. Shanghai Metals Market. (2022). Guangxi Encourages Aluminium Smelters to Resume the Production through Financial Subsidy. https://news.metal.com/newscontent/102008369/guangxi-encourages-aluminium-smelters-to-resume-the- production-through-financial-subsidy. 449. Government of Canada. (2021). Investment to help Canada’s aluminum industry eliminate its carbon footprint. https://www.canada.ca/en/innovation-science-economic-development/news/2021/06/investment-to-help-canadas- aluminum-industry-eliminate-its-carbon-footprint.html. 450. International Energy Agency (IEA). (n.d.). Chemicals. https://www.iea.org/energy-system/industry/chemicals. 451. International Energy Agency (IEA). (2021). Net Zero by 2050: A Roadmap for the Global Energy Sector. https://iea.blob.core.windows.net/assets/deebef5d-0c34-4539-9d0c-10b13d840027/NetZeroby2050- ARoadmapfortheGlobalEnergySector_CORR.pdf. 452. International Energy Agency (IEA). (2024). World Energy Outlook 2024. https://iea.blob.core.windows.net/assets/ 47a9a222-78e4-4c43-9bab-977b4ad5326b/WorldEnergyOutlook2024.pdf. 453. International Energy Agency (IEA). (n.d.). Primary chemicals. https://www.iea.org/reports/primary-chemicals. 454. Accenture analysis based on Center for Global Commons. (2022). Planet Positive Chemicals. https://cgc.ifi.u-tokyo.ac.jp/ research/chemistry-industry/planet-positive-chemicals.pdf. 455. International Energy Agency (IEA). (n.d.). Chemicals. https://www.iea.org/energy-system/industry/chemicals. 456. Total emissions do not include Scope 3 emissions. 457. Ibid. 458. Ibid. 459. International Energy Agency (IEA). (n.d.). Primary chemicals. https://www.iea.org/reports/primary-chemicals. 460. Ibid. 461. International Energy Agency (IEA). (n.d.). Chemicals. https://www.iea.org/energy-system/industry/chemicals. Net-Zero Industry Tracker: 2024 Edition 151