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June 5, 2008
Alcoa Again Named One of the World's Most Ethical Companies
NEW YORK--Alcoa (NYSE:AA) again has been named one of the World’s
Most Ethical Companies by Ethisphere, a think-tank dedicated to the
research and promotion of profitable best practices in global
governance, business ethics, compliance and corporate responsibility.
The recipients were announced during the Ethisphere and Forbes
joint-conference, “Driving Profit through
Ethical Leadership” held yesterday in New
York. Winners will also be featured in Ethisphere Magazine, the
quarterly publication of the Institute.
“At Alcoa, our Values guide our behavior at
every level of the organization worldwide. This recognition of our
ethical business practice leadership exemplifies our commitment to
integrity and being an upstanding corporate citizen,”
said Klaus Kleinfeld, Alcoa CEO and President.
In assembling the rankings of the World’s Most
Ethical Companies, researchers and analysts reviewed over 10,000 of the
world’s leading companies on six continents.
Ethisphere analysts reviewed codes of ethics, litigation and regulatory
infraction histories; evaluated investment in innovation and sustainable
business practices; looked at companies’
activities to improve corporate citizenship; studied nominations from
senior executives, industry peers, suppliers and customers; and worked
with consumer action groups for feedback and rating.
Alcoa is the world leader in the production and management of primary
aluminum, fabricated aluminum and alumina combined, through its active
and growing participation 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 including
flat-rolled products, hard alloy extrusions, and forgings, Alcoa also
markets Alcoa® wheels, fastening systems,
precision and investment castings, and building systems. The Company has
97,000 employees in 34 countries and has been named one of the top most
sustainable corporations in the world at the World Economic Forum in
Davos, Switzerland. More information can be found at www.alcoa.com.