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Alcoa Joins Business, Investment Leaders in Climate Call to Action
NEW YORK--Alcoa (NYSE:AA) announced today that it has joined with a group of
businesses and institutional investors in a call to action for the U.S.
government to establish a national policy on climate change.
The group, organized by Ceres and its Investor Network of Climate Risk,
represents dozens of institutional investors managing $4.4 trillion in
assets and a number of leading U.S. companies, including Alcoa.
Ceres, whose goal is to advance corporate responsibility among its
coalition members, worked with the businesses and institutional
investors to formulate the call to action and announced its intentions
today in Washington, D.C. Organizers point out that the Ceres-sponsored
network complements recent climate change statements by the U.S. Climate
Action Partnership (USCAP) and the Global Roundtable on Climate Change
(GROCC). Alcoa is a founding member of USCAP and an active participant
in the GROCC. These groups unite corporations, NGOs and other
stakeholders in the fight against global warming.
Alcoa is the world’s leading producer and
manager of primary aluminum, fabricated aluminum and alumina facilities,
and is active in all major aspects of the industry. Alcoa serves the
aerospace, automotive, packaging, building and construction, commercial
transportation and industrial markets, bringing design, engineering,
production and other capabilities of Alcoa’s
businesses to customers. In addition to aluminum products and
components, Alcoa also markets consumer brands including Reynolds Wrap®
foils and plastic wraps, Alcoa® wheels and Baco®
household wraps. Among its other businesses are closures, fastening
systems, precision castings, and electrical distribution systems for
cars and trucks. The company has 123,000 employees in 44 countries and
has been named one of the top three most sustainable corporations in the
world at the World Economic Forum in Davos, Switzerland. More
information can be found at www.alcoa.com,