Alcoa Named Sustainability Leader on Dow Jones Indices for Fourteenth Consecutive Year
By Business Wire News
By Business Wire News
For the fourteenth year in a row, lightweight metals leader Alcoa (NYSE:AA) has been named as one of the world’s leading companies for sustainability on the prestigious Dow Jones Sustainability Indices (DJSI)—a globally recognized and reputable benchmark for corporate responsibility and sustainability. Alcoa was again recognized as the Aluminum Industry Leader on the Dow Jones World Index.
“Sustainability guides everything we do, from creating innovative solutions that help de-carbonize our world and create value for customers, to improving the sustainability of our own manufacturing processes,”said Kevin McKnight, Alcoa’s Chief Sustainability Officer and Vice President of Environment, Health and Safety. “The progress we continue to make demonstrates that we live our sustainability value every day, with a goal of leaving a positive impact everywhere we operate and in every market where we compete.”
Over the last year, Alcoa expanded its multi-material value-add portfolio and introduced innovations across its end markets enabling customers to produce more environmentally friendly products. The Company also reduced its overall emissions by closing and curtailing high-cost, less efficient facilities as it continued to reshape its commodity business.
Highlights of Alcoa’s industry-leading sustainability performance include:
- Reduced absolute greenhouse gas emissions by 3 million metric tons, or 6.8 percent
- Developed forging for the world’s first hybrid-metallic fan blade, helping make Pratt & Whitney’s PurePower® engines lighter and more fuel efficient
- Unveiled Alcoa MicromillTM technology; will manufacture most advanced aluminum sheet on the market, supporting the creation of lighter, more fuel efficient, safer vehicles
- Introduced Ultra ONETM heavy-duty truck wheel; 47 percent lighter than steel wheel of same size, enables trucks to increase fuel efficiency and payload
- Named the World’s Most Active Organization by the Global Corporate Challenge for the second consecutive year
- Invested US$38.4 million in community programs via Alcoa and Alcoa Foundation
The Dow Jones Sustainability Indices are the longest-running global sustainability benchmarks worldwide. Following a best-in-class approach, they measure the performance of the world’s sustainability leaders based on a comprehensive assessment of long-term economic, environmental and social criteria that account for general as well as industry-specific sustainability trends.
Learn more about Alcoa’s approach to sustainability and how its lightweight multi-metal innovations are enabling a more sustainable world in Alcoa’s 2014 Corporate Sustainability Report.
A global leader in lightweight metals technology, engineering and manufacturing, Alcoa innovates multi-material solutions that advance our world. Our technologies enhance transportation, from automotive and commercial transport to air and space travel, and improve industrial and consumer electronics products. We enable smart buildings, sustainable food and beverage packaging, high-performance defense vehicles across air, land and sea, deeper oil and gas drilling and more efficient power generation. We pioneered the aluminum industry over 125 years ago, and today, our more than 60,000 people in 30 countries deliver value-add products made of titanium, nickel and aluminum, and produce best-in-class bauxite, alumina and primary aluminum products. For more information, visit www.alcoa.com, follow @Alcoa on Twitter at www.twitter.com/Alcoa and follow us on Facebook at www.facebook.com/Alcoa.
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “expects,” “goal,” “may,” “should,” “will,” and similar expressions are often used in forward-looking statements. All statements that reflect Alcoa’s expectations, assumptions, or projections about the future other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future capabilities or benefits of new manufacturing technologies, Alcoa’s transformation strategy, and sustainability goals. Forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and changes in circumstances that are difficult to predict. Many factors could cause actual results to differ materially from those in the forward-looking statements, including, without limitation: (a) changes in aluminum industry or global economic conditions generally or in the markets served by Alcoa; (b) business disruptions due to unavailability of energy, equipment outages, natural disasters, or other unexpected events; (c) changes in regulatory requirements or the competitive landscape; (d) failure to successfully implement, to achieve commercialization of, or to realize expected benefits from new technologies, advanced alloys, or other innovations, including, without limitation, Alcoa MicromillTM technology; and (e) the other risk factors discussed in Alcoa’s Form 10-K for the year ended December 31, 2014 and other reports filed with the Securities and Exchange Commission. Alcoa disclaims any intention or obligation to update publicly any forward-looking statements, whether in response to new information, future events or otherwise, except as required by applicable law.