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November 10, 2011
Alcoa is recognized by Exame’s Sustainability Guide 2011
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The annual publication from Editora Abril places Alcoa among the 21 model companies for the sixth time
In a ceremony held yesterday (11/9) in São Paulo, Alcoa was recognized as a reference point in corporate social responsibility by the Exame Sustainability Guide 2011, which is published annually by Editora Abril. The Guide, which is in its 12th edition, is one of the most respected surveys in Brazil that prominently distinguishes the sustainable activities of 21 model companies.
Alcoa was named the “Sustainable Company of the Year” in 2010, when particular prominence was given to the introduction of the bauxite mining project in Juruti (PA). This year the company’s differentiating factor was a project in a region close to the mining activity, known as Juruti Velho, which is located in Juruti (PA). Coordinated by Ecooideia (Environmental Services and Ideas Cooperative) the project involves the assessment, quantification and placing of a value of the economic, social, cultural and environmental gains and losses suffered by the community because of what Alcoa is doing in the region.
What is different about this project is its introduction of an unconventional methodology for measuring the impact of the undertaking, the assessment tools of which took into consideration the values of the daily life of the local population. An example of this was the analysis of the question of the loss of happiness of residents who no longer have a native tree standing alongside their house and therefore no longer hear the song of the birds.
According to Franklin L. Feder, president of Alcoa Latin America & the Caribbean “Sustainability is at the heart of Alcoa’s business and the company has every reason to be proud of being part of such a select group once again.”
The Exame Guide ranking is coordinated by the Center for Studies in Sustainability of the Getúlio Vargas Foundation, which assesses the strategies, commitments and practices of companies in three dimensions of sustainability: environmental responsibility, economic success and social commitment.
The classification also covers business practices, transparency and corporate governance. After examining the questionnaires submitted by the companies a deliberative council selected by Exame meets to choose the 21 model companies.
Further information can be found at www.portalexame.com.br
About Alcoa
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]. Further information can be found at www.alcoa.com.br.
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