Building trust in ESG in hard to abate aluminium sector

The paradox of ESG data is that much of the data must come from the sites themselves- this is the source- yet producers find it difficult to produce a standardised metric that can be used to compare to against their competitors on a like-by-like basis. While this is a common problem faced by all regulated industries, it is a particular challenge for hard-to-abate sectors like aluminium, steel, and nitrogen. Given the scale and complexity of the challenge, hard-to-abate industries need to get their data to relay a complex message to investors, buyers, suppliers, governments, and other stakeholders. The pressure put on supplies of energy commodities by the Ukraine war has added to the pressure. At the same time, the data must be trusted if it is to be used. GHG emissions have been arguably easy to standardise and build trust in, but other dimensions of sustainability are also important: can we shut our eyes to them just because they are hard to measure? In this webinar, Charlie Durant, Research Manager, CRU Sustainability, Chris Bayliss, Director of Standards, Aluminium Stewardship Initiative, and Bruce Alway, Director-Metals Research, Refinitiv, will get together with Lavan Mahadeva, Research Director, CRU Group, to explain why we need to get behind all efforts to standardise and build trust in the data, to illustrate the power of good ESG data and to explore how this might be collectively achieved.