Annual Sustainability Publication Ranks Alcoa First
NEW YORK--Alcoa (NYSE:AA) has been named “Sustainable Company of the Year” in Brazil’s Exame magazine’s 2010 Sustainability Guide, the Company announced today. The annual guide, in its 11th edition, selects and recognizes the sustainable actions of 20 model companies every year.
Exame’s Sustainability Guide is Brazil´s most prestigious annual survey on corporate social responsibility.
“It's truly a great honor and to rank first amongst the most sustainable corporations in Brazil, particularly when Exame’s ranking includes the country’s most prestigious enterprises,” said Franklin L. Feder, President, Alcoa Latin America & Caribbean. “This recognition crowns the contributions of approximately 6,400 Alcoans in Brazil who every day contribute towards enhancing the sustainability of our operations in this country.”
The ranking is coordinated by the Center for Sustainability Studies of the Getulio Vargas Foundation, which evaluates the strategies, commitments and practices of companies within the three dimensions of sustainability: environmental responsibility, economic/financial success and social commitment.
The ranking also covers business practices, transparency and corporate governance. After reviewing the companies, a deliberative council selected by Exame meets to choose the top 20 model companies and the Sustainable Company of the Year.
This is the fifth time Alcoa has been recognized as a model company in sustainability by Exame’s Guide.
The names of the 20 model companies in Exame’s Sustainability Guide 2010, as well as that of Alcoa as the Sustainable Company of the Year, were announced on November 10th during an award ceremony held in São Paulo. For more information visit www.portalexame.com.br.
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 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.