Company Included in DJSI for Ten Years in a Row
NEW YORK--For the tenth consecutive year, Alcoa (NYSE:AA) has been named to the Dow Jones Sustainability Indexes (DJSI), one of the most highly recognized and long-standing global sustainability indexes. Alcoa was named to both the World and the North American Indexes and was named the Industry Leader for the Aluminum Sector.
The Dow Jones Sustainability World Index (DJSI World) comprises the leading companies in terms of sustainability around the world. It captures the top 10 percent based on long-term economic, environmental and social criteria out of the world’s largest companies. The Dow Jones Sustainability North America Index (DJSI North America) captures the leading 20 percent in terms of sustainability out of the largest North American companies.
The indexes follow a best-in-class approach and include sustainability leaders from industries worldwide, serving as an important guide for investors to assess a company’s sustainability portfolio. 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.
“We’ve spent the last decade as a component of this world-renowned sustainability index and that is something we are extraordinarily proud of as a company,” said Kevin Anton, Alcoa’s Vice President and Chief Sustainability Officer. “By the very nature of aluminum – high strength, light weight and recyclable – it is a truly sustainable product that offers significant advantages to our customers.”
The company reported solid progress on its sustainability efforts in 2010 and 2011, including the following:
- Safety and Health: 82 percent of Alcoa locations worldwide had zero lost work day incidents and 48 percent had zero recordable injuries in 2010.
- Products: Developed a new set of aluminum alloys that will make airplanes lighter and more efficient while improving durability. These technological advancements allow for a 12 percent increase in fuel efficiency and provide up to 10 percent in weight savings over composite-intensive planes. Launched Reynobond® with EcoClean™, the first coil-coated architectural panel that helps clean itself and the air around it. It is an economically viable self-cleaning technology that reduces maintenance costs and helps with the decomposition of smog and other pollutants, from dirt to diesel fumes, which cling to building surfaces. In fact, 10,000 square feet of Reynobond with EcoClean has the approximate air cleansing power of 80 trees.
- Climate Change: Reduced the greenhouse gas footprint of the Company’s operations. Alcoa Global Primary Products lowered its CO2 intensity by 7 percent over 2009 levels and achieved a 22 percent reduction over 2005 levels, exceeding the Company’s 2020 goal of a 20 percent reduction. These reductions are the result of strategic efforts to reposition operations to take advantage of clean hydroelectric power, quickly share best practices to reduce process emission, and drive energy efficiency at every location.
To learn more about the company’s approach to sustainability, read Alcoa’s 2010 Corporate Sustainability Report and reports from Alcoa regions worldwide.
Alcoa is the world’s leading producer of primary and fabricated aluminum, as well as the world’s largest miner of bauxite and refiner of 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 nine consecutive years and approximately 75 percent of all of the aluminum ever produced since 1888 is still in active use today. Alcoa employs approximately 59,000 people in 31 countries across the world. More information can be found at www.alcoa.com.