NEW YORK--Alcoa (NYSE:AA) announced today the release of its 2008 Corporate Sustainability Report, an annual account of the company’s global environmental, social, and economic performance. The report is available online in the sustainability section of Alcoa’s website at www.alcoa.com/sustainability
"Alcoa has a long tradition of both setting meaningful corporate goals in the areas of financial success, environmental stewardship, and social responsibility and reporting on our progress against those goals to all of our stakeholders. We also expect these goals to be pursued based on all of our Values,” said William J. O’Rourke, Alcoa vice president for sustainability & environment, health & safety. "Our 2008 Sustainability Report highlights the significant advances that we have achieved and the goals that we will continue to pursue during these difficult economic times and beyond."
Some noteworthy 2008 achievements include:
- 75.9% of Alcoa locations had zero lost workdays and 44.4% of them had no recordable injuries;
- The company achieved a 36% reduction in greenhouse gases from the 1990 base year—a 44% improvement over the target reduction of 25% by 2010;
- Approximately 90% of Alcoa’s worldwide operating locations have community programs, putting the company within reach of its target of 100% by 2010; and
- Alcoa was included in the Dow Jones Sustainability Index for the seventh year in a row and named one of the most sustainable companies in the world at the World Economic Forum in Davos for the fifth consecutive year.
Also included in the Alcoa Sustainability Report is an independent commentary by AccountAbility, a global, not-for-profit partnership dedicated to thought leadership and advisory services focused on sustainable development. Alcoa has worked with AccountAbility over the last two years to improve the transparency and quality of its sustainability reporting. Alcoa provided space for AccountAbility to comment on the company’s sustainability reporting and to offer advice on how Alcoa can continue to improve its reporting.
Alcoa is the world leader in the production and management of primary aluminum, fabricated aluminum and alumina combined, through its active and growing participation in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components including flat-rolled products, hard alloy extrusions, and forgings, Alcoa also markets Alcoa® wheels, fastening systems, precision and investment castings, and building systems. The Company has been named one of the top most sustainable corporations in the world at the World Economic Forum in Davos, Switzerland and has been a member of the Dow Jones Sustainability Index for seven consecutive years. More information can be found at www.alcoa.com