Maintaining Our Strengths
The events of 2001, whether tragic, uplifting, or simply part of everyday business, brought me increased appreciation of Alcoa’s strength and flexibility as an organization, and of its people in responding to whatever an occasion demands of them. In 2001, the company adopted a new Vision – “Alcoa aspires to be the best company in the world.” We reaffirmed our commitment to our Values that have guided the company for many years, revising them only to place appropriate emphasis on what we owe to our customers and people.
The safety of our people and communities always is our highest priority. Excluding recent acquisitions, Alcoa locations achieved a 2001 Lost Workday (LWD) rate of 0.16, which translates to only one Lost Workday injury per 1.25 million work hours. We are proud of our record of continuous improvement, but our goal is to become completely accident-free. In 2001, we intensified our efforts to raise safety performance at locations acquired in 2000 to the levels expected at other Alcoa operations, and undertook a company-wide effort to eliminate workplace fatalities.
Wherever we operate, Alcoa will strive to reward its shareholders by remaining true to its stated goals – profitability, integrity in how we operate, leadership in technology and manufacturing practices, and respect and honesty in all of our relationships. |
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