March 05, 2013
Alcoa once again named most admired metals company in the world
Alcoa is on Fortune’s “Most Admired” list since annual ranking began 30 years ago
Alcoa has been named the most admired metals company in the world for the second year in a row in Fortune magazine’s annual ranking on corporate reputation and shared the position with ArcelorMittal, European steel and mining company. Alcoa has been a member of the "Most Admired" list since Fortune began the annual ranking 30 years ago.
Alcoa also received top ranking in seven of the nine key attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, and long-term investment.
"It is extremely gratifying to be ranked the most admired metals company again. This year, as Alcoa observes its 125th anniversary, the key to our success remains the dedication of our employees to Alcoa’s values and to the relentless pursuit of excellence", said Alcoa Chairman and CEO Klaus Kleinfeld.
Fortune's Most Admired list is based on surveys of executives, directors and analysts who rate companies in their own industry. The complete list of the World’s Most Admired Companies, and related stories, will appear in Fortune’s March issue.
Alcoa Alumínio S.A. is a subsidiary of Alcoa Inc. which is the world’s leading producer of primary aluminum and fabricated aluminum, as well as the world’s largest miner of bauxite and refiner of alumina. The company employs approximately 61,000 people in 31 countries and for the eleventh consecutive year the company is a member of the Dow Jones Sustainability Index. Alcoa has been in Latin America and the Caribbean since the end of the 50’s where it has operations in Brazil, Jamaica and Suriname and about 7,000 employees. This year, the company completes 125 years of operations in the world.
In Brazil the company operates in the whole of the aluminum production chain, from bauxite mining to the production of transformed products. Alcoa has six 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 2011, Alcoa recorded revenues of R$ 2,5 billion in Brazil. In 2012 it was considered a benchmark in sustainability and was one of the year’s 21 model companies in the Guia EXAME de Sustentabilidade [EXAME Magazine’s Sustainability Guide]. Further information can be found at www.alcoa.com.br.