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Alcoa Named to Dow Jones Sustainability Index for Seventh Consecutive Year
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has been selected as a component
of the North American Dow Jones Sustainability Index. The inclusion in
the index marks the seventh year in a row that Alcoa has been a part of
the Dow Jones Sustainability Indices. It is an important guide for
investors to assess a company’s non-financial
performance. Selection is based on an analysis of a company’s
economic, environmental and social performance. Issues evaluated include
risk management, branding, climate change mitigation, supply chain
standards and labor practices.
“Recognition as a sustainability leader by
inclusion in the Dow Jones Sustainability Indexes since 2001 exemplifies
Alcoa’s commitment to sustainability. We are
proud of this achievement, because we believe progress in sustainability
contributes to our value as a company,” said
Klaus Kleinfeld, Alcoa President and Chief Executive Officer.
Key highlights of Alcoa’s sustainability
efforts for 2007 include:
The opening of our first new smelter in two decades in Iceland powered
by sustainable hydropower;
As a founding member of the U.S. Climate Action Partnership, Alcoa is
seeking mandatory climate change legislation; and
Through Alcoa and Alcoa Foundation, invested more than $49 million in
the communities where we operate worldwide.
Alcoa’s 2007 Sustainability Report and reports
from Alcoa regions worldwide can be downloaded at www.alcoa.com/sustainability
Launched in 1999, the Dow Jones Sustainability Indexes are the first
global indexes tracking the financial performance of the leading
sustainability-driven companies worldwide. Based on the cooperation of
Dow Jones Indexes, STOXX Limited and SAM they provide asset managers
with reliable and objective benchmarks to manage sustainability
portfolios.
About Alcoa
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
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