(Beijing, September 12, 2013)--Alcoa China announced today the release of its 2012 Sustainability Report, detailing the progresses the company had made in the areas of regional strategic growth, Environment, Health and Safety, and climate protection research. It is the 8th year in a row since Alcoa China produced the first report in 2005.
“At Alcoa, we are committed to living our values regardless of the challenges we face,” said Chairman and CEO Klaus Kleinfeld upon releasing Alcoa’s 2012 sustainability report. “By staying true to that commitment, we made significant strides toward our strategic sustainability targets in 2012 despite significant global economic volatility.”
Alcoa is the largest multinational investor in China aluminum industry. Since 1993, Alcoa has been actively promoting the sustainable development of the industry through working with various external stakeholders including clients, suppliers as well as industry authorities and governmental bodies.
"China's aluminum industry is now in a crucial stage of transformation. Voluntary efforts by companies in emissions reduction and information transparency are tributes of their great ownership of social responsibilities and their great leadership in leading the industry to a healthy development," said Jinya Chen, Alcoa Vice President and Asia Pacific President. "We are here to share our best practices in sustainability as well as technologies and management. Joining hands with our peers in industries, we are working together for a successful transformation of the industry and its sustainable development in China.”
Some noteworthy 2012 achievements highlighted in the report include:
Environment: Overall, our plants in Bohai, Kunshan and Suzhou reduced their collective freshwater use and landfilled waste by 20%. The Bohai plant reduced its energy-use intensity by 13% and achieved a 31% reduction in water-consumption intensity. The Kunshan plant reduced its total hazardous waste by 50%.
Health & Safety: We reduced our lost workday incident rate by 11% and our total recordable incident rate by 33%. The days away, restricted, and transferred (DART) rate declined 55%.
Strategic Growth: A milestone of our efforts in previous years was jointly launching Alcoa CPI (China) Aluminum Investment Co. Ltd. with China Power Investment Corporation (CPI) in March 2013. Based in Shanghai and majority owned and managed by Alcoa, this joint venture comprises all of Alcoa’s aluminum manufacturing assets in China to provide high-end aluminum products for the country’s aerospace, automotive, commercial transportation, consumer electronics, and packaging markets.
Climate Protection: Two researchers from Tsinghua University - one of Alcoa Foundation’s global Advancing Sustainability Research Initiative academic program partners - presented at an event of the United Nations Climate Change Conference in Doha that was focused on the development of a low-carbon economy in China. In addition, we supported World Resources Institute’s efforts to identify and finance greenhouse gas reductions in China’s power sector.
In recognition of our efforts to be transparent in our actions and to make measurable improvement, we were named to the Dow Jones Sustainability Indexes for the 11th year in a row and recognized as the global aluminum industry sector leader in sustainability. Alcoa Chairman and CEO Klaus Kleinfeld was honored as International Investment Strategist at the Fifth CEO Roundtable of Chinese and Multinational Companies held in Beijing in June 2012; Alcoa China was also honored with a prestigious award for its contributing to public welfare in China.
In early 2013, Alcoa was named the most admired metals company in the world in Fortune magazine’s annual ranking on corporate reputation. We were also recognized as one of the Top 100 Green Company in China for the third consecutive year.
For more details, please visit us online at 2012 Sustainability Report.
Alcoa is the world’s leading producer of primary and fabricated aluminum, as well as the world’s largest miner of bauxite and refiner of alumina. In addition to inventing the modern-day aluminum industry, Alcoa innovation has been behind major milestones in the aerospace, automotive, packaging, building and construction, commercial transportation, consumer electronics and industrial markets over the past 125 years. Among the solutions Alcoa markets are flat-rolled products, hard alloy extrusions, and forgings, as well as Alcoa® wheels, fastening systems, precision and investment castings, and building systems in addition to its expertise in other light metals such as titanium and nickel-based super alloys. Sustainability is an integral part of Alcoa’s operating practices and the product design and engineering it provides to customers. Alcoa has been a member of the Dow Jones Sustainability Index for 11 consecutive years and approximately 75 percent of all of the aluminum ever produced since 1888 is still in active use today. Alcoa employs approximately 61,000 people in 30 countries across the world. For more information, please visit www.alcoa.com
About Alcoa China
Alcoa is the largest multinational investor in China’s aluminum industry, with an investment of $800 million since 1993. Alcoa locates its Asia Pacific Headquarters in Beijing, with its plants, trading companies and offices in Beijing, Shanghai, Qinhuangdao, Kunshan, Suzhou, Guangzhou and Hong Kong, manufacturing and selling sheets, fasteners, wheels and aerospace products for packaging, commercial transportation, consumer electronics, industrial products, automotive and aerospace markets. As of December 31, 2012, Alcoa China has 13 legal entities employing 1226 people.
Alcoa China is a member of the China Business Council for Sustainable Development (CBCSD) and the China Association of Enterprises with Foreign Investment (CAEFI). Alcoa is working closely with its vital Chinese partners around the world and actively driving all aspects of Alcoa China Strategy.
Alcoa adheres to its values and principles while acknowledging local laws and regulations, performing its social responsibilities and promoting sustainable development. Alcoa has granted more than $8 million to China communities since 2004. Most recent awards include 2013 China’s Top 100 Green Company, Multinational Companies with Contribution to Public Welfare in China Award, etc. More information can be found on www.alcoa.com.cn