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From September 2023, leading aluminium rolling mill Niche Fusina Rolled Products (Fusina) will source 100% of its primary aluminium from low-carbon suppliers, via Concord Resources Limited. Precise carbon footprints will be provided by CarbonChain.
Sourcing material in this way will reduce the total carbon footprint of Italy-based Fusina’s tailor-made coils, sheets and plates, thereby offering its customers (predominantly industrial manufacturers) a wider range of lower-carbon products. This follows the recent roll-out of Fusina’s carbon transparency scheme, which provides product carbon footprint reports to every customer in all markets (and to prospective buyers on request).
This new commitment will ensure that 100% of Fusina’s primary aluminium supply is under the carbon intensity threshold of 6 tCO2e/t (tonnes of carbon dioxide equivalent per tonne of aluminium), and well below that threshold wherever possible. As a comparison, the global average for primary aluminium is 16.1 tCO2e / t.
This commitment, along with emissions reductions in Fusina’s own production processes, is set to substantially cut the average carbon footprint of Fusina’s products, which will be tracked and reported to customers and prospective buyers.
Aluminum is the most carbon-intense base metal, at the same time as being a critical material in the energy transition. Fusina’s customer base represents the marine, commercial transportation and industrial sectors, who increasingly want to find lower-carbon options, whether to meet regulatory and reporting requirements, or to meet their own climate targets towards net zero.
Lower-carbon primary aluminium is generally achieved through the use of renewable electricity, for example, hydro-powered electricity.
Global metals merchant Concord Resources Limited will supply Fusina with 100% of the primary aluminium that meets its low-carbon threshold.
CarbonChain, an AI-fueled carbon accounting platform using granular data to provide end-to-end visibility into supply chain emissions, will enable the implementation and tracking of Fusina’s commitment. CarbonChain’s calculations of Fusina’s sourced primary aluminium and product carbon footprints will use a third-party verified and validated methodology.
Vincenzo Zinni, CEO, Niche Fusina Rolled Products, said, “From transparency to action, Fusina is taking tangible steps towards a more sustainable aluminium industry. By offering manufacturers verifiably lower-carbon products, in partnership with Concord Resources, we’re empowering them to make informed procurement decisions to reduce their own product footprints and differentiate in the net-zero transition. CarbonChain’s calculations underpin both initiatives, providing actionable data that we and our customers can trust.”
Mark Hansen, CEO, Concord Resources Limited, said, “Concord is proud to support Fusina’s goal to transition manufacturing supply chains to the low-carbon economy. Our world-class service of reliably connecting commodity suppliers with customers, and our own ability to trace our trade emissions on the CarbonChain platform mean we can help make customers’ decarbonization goals a reality.”
Adam Hearne, CEO, CarbonChain, said, “In the net-zero transition, every actor in the metals value chain has a role to play. Every decision matters, from production to procurement. Fusina is proving that there is demand for low-carbon products in the manufacturing industry, and that supply chain carbon reporting can be done at a high level of accuracy. Amid new ISSB standards, the EU CBAM and Scope 3 reporting regulations, this is a path we hope other industry leaders will follow.”