NEW YORK--Alcoa (NYSE: AA) in Brazil was ranked as the most sustainable company in the Metals sector and 11th overall of 100 companies considered in a study by major business media in Brazil. The list will be published in the August issue of the Brazilian national news magazine Imprensa.
The annual “Most Sustainable Companies According to the Media” survey is based on an analysis of companies’ communication about sustainability published in eight major Brazilian media outlets during 2010.
In the evaluation, subjects such as transparency, environmental awareness, employee welfare, and community relationships were considered.
“It is a great source of pride to gain recognition for our sustainability initiatives from respected organizations and bodies such as the national business media,” said Frank Feder, Alcoa Vice President and President Alcoa Latin America and Caribbean.
About Alcoa Brazil
Alcoa Alumínio S.A. is a subsidiary of Alcoa Inc., the world’s leading company in the production of primary and transformed aluminum and alumina. The Company has 59,000 employees in 31 countries and for the ninth consecutive year is part of the Dow Jones Sustainability Index. Alcoa has been in Latin America and the Caribbean since the end of the 1950s and has some 7,000 employees in the region, with operations in Brazil, Jamaica and Surinam.
In Brazil the company operates in the whole of the aluminum production chain from bauxite mining to the production of transformed products. Alcoa has seven production units and three offices in the states of Maranhão, Minas Gerais, Pará, Pernambuco, Santa Catarina, São Paulo and the Federal District. The company also has shareholdings in four hydroelectric power stations: Machadinho and Barra Grande on the border of the states of Santa Catarina and Rio Grande do Sul; Serra do Facão in Goiás; and Estreito, between Maranhão and Tocantins. In 2010 Alcoa recorded revenues of US$ 1.6 billion in Brazil and was elected the Sustainable Company of the Year by Guia Exame de Sustentabilidade [Exame’s Sustainability Guide]. More information can be found at www.alcoa.com.br.