April 22, 2012

Alcoa among China's Top 100 Green Companies

Green Company Magazine has named Alcoa as one of the China Top 100 Green Companies in its annual ranking of corporate sustainability practices. Alcoa was recognized for its relentless endeavor to drive sustainability through technological innovation, advanced management to reduce carbon emissions, and investment in research projects on environmental and social impacts generated by business operations.
Alcoa has been a member of Green Company Magazine's Top 100 Green Companies list since 2011.
One hundred companies were selected out of more than 1,000, based on five criteria:
• Business performance
• Contribution to society
• Environmental impact
• Innovation
• Cross-business competitiveness
Winners were chosen through an online survey on China's leading news portals and a review by senior business executives and scholars.
The top 100 were announced during a Green Company Forum held in Wuhan. Co-sponsored by Wuhan municipality, the forum gathered more than 100 business leaders, senior government officials, prestigious scholars and business commentators, as well as 200 journalists.
Alcoa Asia Pacific President Jinya Chen shared the company's sustainability strategy and approaches during a panel discussion titled "Challenges of Innovation in China."
"A meaningful innovation brings true and sustainable benefits for the company and the industry. But more importantly, it brings benefits to the communities where the company operates. Innovation brings long-term positive impacts on sustainable growth in China," he said. "Chinese companies and government bodies need to consider beyond short-term business interests when taking on innovative decisions."
In addition to Green Company Magazine, the top 100 list was generated by the Chinese Entrepreneur Association and Daonong Center for Enterprise, a leading Chinese think tank. Joining Alcoa on the list are leading multinationals such as General Electric, Volkswagen China, Procter & Gamble as well as top Chinese companies, including Lenovo, Bao Steel and National Grid.