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S&P Global Platts to Publish New Low-Carbon Metals Spreads, Ratios
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Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Our ambition is to be the world s leading provider of low-carbon, sustainable aluminum solutions that advance our business, industry and society toward the benefits of a circular economy, CEO Steve Fisher said in a statement. As the world s largest recycler of aluminum, sustainability has been paramount to our business and these new commitments will further ensure the health and well-being of the environment, the safety of our people, and the long-term success of the communities in which we live and work.
Along with its commitment of net carbon-neutrality by 2050 and the 30% reduction in CO2 by 2026, Novelis has also committed to a 20% reduction in waste to landfills by 2026, a 10% reduction in energy intensity by 2026, and a 10% reduction in water consumption by 2026, it said.
S&P Global Platts to Publish New Low-Carbon Aluminum Prices
S&P Global Platts (“Platts”), the leading independent provider of information and benchmark prices for the commodities and energy markets, today announced it will begin publishing new low-carbon aluminum price assessments for the European markets, effective April 6, 2021.
The new daily assessments will include a Low-Carbon Aluminum Price (LCAP), and a Zero-Carbon Aluminum Price (ZCAP) and complement existing Platts European price offerings for high-grade primary aluminum (P1020).
Ian Dudden, Global Pricing Director for Metals and Agriculture, S&P Global Platts, said: “The launch of our green aluminum assessments follows extensive engagement with market participants throughout the aluminum value chain. These new prices align with S&P Global Platts’ strategic focus on offering ESG-related commodities pricing, and are in response to requests from market participants for new pricing transparency to help them quantify
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LONDON, March 5, 2021 /PRNewswire/ S&P Global Platts ( Platts ), the leading independent provider of information and benchmark prices for the commodities and energy markets, today announced it will begin publishing new low-carbon aluminum price assessments for the European markets, effective April 6, 2021.
The new daily assessments will include a
Low-Carbon Aluminum Price (LCAP), and a
Zero-Carbon Aluminum Price (ZCAP) and complement existing Platts European price offerings for high-grade primary aluminum (P1020).
Ian Dudden, Global Pricing Director for Metals and Agriculture, S&P Global Platts, said: The launch of our green aluminum assessments follows extensive engagement with market participants throughout the aluminum value chain. These new prices align with S&P Global Platts strategic focus on offering ESG-related commodities pricing, and are in response to requests from market participants for new pricing transparency to help
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