March 22, 2011
Alcoa Becomes Founding Member of Duke Center for Sustainability & Commerce
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA), together with the Alcoa Foundation, announced today that Alcoa has become a founding member of the Duke Center for Sustainability & Commerce, an organization dedicated to collaborating with industry and government to turn the vision of sustainability into products and solutions serving society.
The center is part of Duke’s Nicholas Institute for Environmental Policy Solutions, a non-partisan institute focused on finding solutions to the nation’s most pressing environmental challenges. It was established at Duke University in 2010.
“The Duke Center’s focus on collaboration and innovation fits well with Alcoa’s approach to developing products and solutions that contribute to a sustainable world,” said Kevin Anton, Alcoa’s Chief Sustainability Officer. “Working together, we can help communities and companies develop sustainable strategies to meet rapidly growing demand for infrastructure and transportation created by increasing population and urbanization.”
Anton will join the center’s Industry Council, an advisory panel for research and outreach.
Alcoa Foundation President Paula Davis said the Center’s research plays an important role in turning concepts into reality.
“The research depth of Duke University along with the expertise of the Center’s business partners creates a powerful combination,” Ms. Davis said. “We are pleased to be part of this effort and look forward to the advancements in sustainable communities that will result.”
Through its research, the Center is leading efforts to create a new generation of technological and organizational innovations to meet global sustainability challenges. It is led by Dr. Jay S. Golden who founded and co-directed the Sustainability Consortium prior to joining Duke.
“Alcoa has a long history of innovation that has led to great successes in their operations and product designs,” said Golden. “Our partnership with Alcoa will provide us a key manufacturing perspective from an organization whose products are critical to global commerce.”
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 120 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 nine consecutive years and approximately 75 percent of all of the aluminum ever produced since 1888 is still in active use today. Alcoa employs approximately 59,000 people in 31 countries across the world. More information can be found at www.alcoa.com.
About Alcoa Foundation
Alcoa Foundation is a nonprofit U.S. corporate foundation with assets of approximately US$420 million. In addition to addressing locally identified needs in communities where Alcoa operates, Alcoa Foundation is focused on unlocking solutions to critical environmental sustainability challenges, including global climate change. Alcoa Foundation has been a long-term partner in Alcoa communities worldwide for more than fifty years, investing over US$515 million since 1952. More information can be found at www.alcoa.com/foundation.
The Duke Center for Sustainability & Commerce
The Duke Center for Sustainability & Commerce focuses on delivering impactful research and education programs on the important nexus of sustainability and commerce. Building upon the world-class faculty and resources at Duke, the Center serves as a catalyst for creating a new generation of sustainability knowledge and solutions in service to society around the world.
The Center is engaged with both industry and government to close the gap between the vision and reality of more sustainable firms and products in our marketplace. Through the collaboration of our faculty, researchers, and students, we are creating the organizational and technological sustainability solutions necessary for a rapidly increasing and global economy.