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Alcoa Named to Climate Disclosure Leadership Index for Sixth Consecutive Year; Commended on Quality of Climate Change Disclosure Practice
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has been named to the Carbon
Disclosure Project (CDP) Carbon Disclosure Leadership Index for the
sixth consecutive year. This index, a key component of CDP’s
annual Global 500 Report, highlights companies within the FTSE Global
500 Index that have displayed the most proficient approach to corporate
governance in regards to climate change disclosure practices.
The CDP represents 385 global institutional investors with $57 trillion
in assets under management. Carbon disclosure and climate change
reporting is critical for investors to fully assess their risks,
liabilities and opportunities within their portfolios.
The Climate Disclosure Leadership Index is comprised of 67 global 500
companies that showed distinction in their responses to the CDP survey
based on reporting of greenhouse gas emissions, emissions reduction
targets and risks and opportunities associated with climate change. The
index, which provides an evaluation tool for institutional investors, is
made up of the top 34 companies selected from non-carbon-intensive
sectors and the top 33 companies selected from carbon-intensive sectors.
“Alcoa is committed to address climate change
responsibly and sustainably, and we are pleased to be a member of this
prestigious honor roll of global corporations addressing the challenges
of climate change,” said Alcoa President and
CEO Klaus Kleinfeld.
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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