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Alcoa Named to the Dow Jones Sustainability Indexes: World and North America
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| Nov 01, 2012 |
For the eleventh consecutive year, Alcoa (NYSE:AA) has been named to one of the most highly recognized and longest-standing global sustainability indexes, the Dow Jones Sustainability Indexes (DJSI). Alcoa was recognized as the global aluminum industry sustainability leader as well as the North America leader in the aluminum sector.
“Alcoa’s commitment to not just meeting but exceeding the industry standard for economic, environmental and social responsibilities is a long-standing priority of this company,” said Kevin Anton, Alcoa Vice President and Chief Sustainability Officer. “Sustainability is a part of everything we do, from the way we run our operations, to the innovative material solutions that we are bringing to the world; making transportation more fuel efficient, buildings greener, packaging infinitely recyclable, and consumer electronics lighter and less energy intensive. We are honored to have been named to this world-renowned sustainability index for the last 11 years.”
The Dow Jones Sustainability World Index (DJSI World) includes the top 10 percent of the largest 2,500 companies in the Dow Jones Global Total Stock Market Index. The Dow Jones Sustainability North America Index (DJSI North America) comprises the top 20 percent of the 600 largest companies from Canada and the United States.
The company improved on its year-over-year score in all three Dow Jones key dimensions – Economic, Environmental and Social. Performance highlights include:
- Economic: Integrated sustainability metrics into our supplier assessment process to drive a more sustainable supply chain.
- Environmental: Achieved a 23% improvement in greenhouse gas (GHG) intensity in the Alcoa Global Primary Products business between 2005 and 2011, surpassing the Company’s 2020 target of a 20% improvement. In light of this, the Company set a new goal to achieve a 30% GHG intensity improvement by 2020 and a 35% improvement by 2030, from a 2005 baseline.
- Social: Alcoa and Alcoa Foundation invested US$38 million in community programs in 2011, and a record 56% of Alcoa employees volunteered in their communities during Alcoa’s 2011 Worldwide Month of Service.
The Dow Jones Sustainability Indexes are made up of global, regional and country industry leaders in terms of sustainability. Selection to the DJSI is based on an in-depth analysis of a company’s economic, environmental and social aspects with a focus on long-term development of corporate value. The benchmarks set by the indexes allow investors to use them as an important guide when assessing a company’s sustainability portfolio.
To learn more about the company’s approach to sustainability, read Alcoa’s 2011 Corporate Sustainability Report and reports from Alcoa regions worldwide.
About Alcoa
Alcoa is the world’s leading producer of primary aluminum, fabricated aluminum and alumina. In addition to inventing the modern-day aluminum industry, Alcoa innovation has been behind major milestones in the aerospace, automotive, packaging, building and construction, commercial transportation, consumer electronics and industrial markets over the past 120 years. Among the solutions Alcoa markets are flat-rolled products, hard alloy extrusions, and forgings, as well as Alcoa® wheels, fastening systems, precision and investment castings, and building systems in addition to its expertise in other light metals such as titanium and nickel-based super alloys. Sustainability is an integral part of Alcoa’s operating practices and the product design and engineering it provides to customers. Alcoa has been a member of the Dow Jones Sustainability Index for ten consecutive years and approximately 75 percent of all of the aluminum ever produced since 1888 is still in active use today. Alcoa employs approximately 61,000 people in 31 countries across the world. More information can be found at www.alcoa.com.
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