Ball's Reflection on Climate Week NYC 2024
October 23, 2024
Climate Week NYC 2024 brought together leaders from the world of business, tech, politics, academia, and civil society to drive climate action, with over 900 events shaping critical conversations. For Ball, the event was an essential platform to showcase our thought leadership on aluminum circularity and decarbonization as shown in the Climate Transition Plan.
Circularity Takes Center Stage
The Future of Aluminum Decarbonization
Ball also attended the event “Aluminum Decarbonization. Scaling impact and driving ground-level change”, hosted by the IAI and Xynteo, where sectoral leaders Ball, Novelis, CBA, Crown, Rio Tinto, Hydro, EGA and Mercedes Benz showcased examples of success and discussed the future of aluminum. There, Maria recapped Ball’s progress against its climate targets, and the work happening on innovation in technology, procurement, and advocacy. Decarbonizing aluminum production was another key theme that resonated throughout the week. Calls for cross-sectoral, cross-industry collaboration, a carbon price, and more investment in grid and storage infrastructure were loud and clear. Despite the hurdles, the aluminum sector is well-positioned to be one of the first hard-to-abate industries to achieve net-zero emissions, thanks to the metal’s intrinsic recyclability and the innovations driving down carbon costs.
We also joined the discussion with the Circular Critical Material Accelerator Alliance, which brought together key stakeholders to form a value chain alliance to enable circularity as part of the solution to meet the growing critical material demand. The Alliance underscored the need for advanced sorting technologies to ensure aluminum is recycled rather than downcycled as downcycling wastes the valuable properties of aluminum and increases the carbon footprint of products that could otherwise have a longer lifecycle.
Challenges and Collaboration: Grids, Permits, and Policies
One of the most significant takeaways from the week was the need for stronger collaboration between industries and governments. The challenges we face—delays in permitting, limited grid capacity, and the trilemma of affordability, decarbonization, and national security—cannot be solved by the private sector alone. Governments must send clear demand signals and streamline regulatory processes to unlock investment in renewable energy and grid infrastructure. Ball is ready to collaborate across sectors to build strong business cases for electrification, ensuring we have the capacity to meet future demand for green aluminum.
The Role of Long-Duration Energy Storage
Another crucial topic at Climate Week NYC was the role of long-duration energy storage (LDES) in supporting decarbonization efforts. With global targets pointing toward a 1.5°C future, storage will play a vital role in balancing intermittent renewable energy supplies. While still an emerging conversation, it is a key enabler of our transition to a more sustainable energy system. As part of the Circular Critical Material Accelerator Alliance, we will continue to advocate for policies that promote the scaling of LDES to meet the growing demand for clean energy.
What’s Next?
Coming out of the conference, Ball made clear its position as a frontrunner in the push toward a circular, decarbonized aluminum sector. Our call to action is for higher global recycling rates, stronger partnerships across the value chain, and the means for the deployment of decarbonization technologies at scale and pace. With the right mix of innovation, collaboration, and policy support, the aluminum industry can—and will—achieve net-zero emissions.
As we look ahead to COP29 next month, Ball is committed to continuing these conversations and pushing for the changes needed to secure a sustainable future for the aluminum industry and the planet.