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Sunday, May 5, 2024

Exploring the impact of ESG practices on Thailand’s aluminium industry

Embracing ESG Principles

In line with global trends, environmental, social, and governance (ESG) considerations are gaining prominence within the aluminium industry. Stakeholders across the value chain are increasingly emphasizing sustainability practices, driving the adoption of eco-friendly technologies and processes. World Economic Forum expects industries like construction and automotive to drive a nearly 40% increase in global aluminium demand by 2030 – from 86.2 million tonnes (Mt) in 2020 to 119.5 Mt. It is important to make this growth sustainable. 

In the context of environmental sustainability, the aluminium industry is facing increasing pressure to minimize its carbon footprint and adopt eco-friendly practices throughout the value chain. This entails not only reducing emissions from production processes but also addressing concerns related to energy consumption, water…

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