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| November 14, 2008
Alcoa Chairman Alain Belda Honored By Asia Society for Environmental Leadership
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Alcoa Chairman Alain Belda was
honored by the Asia Society this week for his environmental leadership,
including Alcoa’s progress to reduce GHG
emissions and address global warming.
In accepting the award, Mr. Belda said, “At
Alcoa, we see global warming as the sustainability issue of our
generation. To me, it is critical that it is part of our company culture
and a core part of our business and corporate decision making.”
Alcoa is a founding member of the U.S. Climate Action Partnership, which
is seeking mandatory climate change legislation; the Carbon Disclosure
Project; and a founding reporter of the Climate Registry. Alcoa has
reduced GHG emissions by 33% from a base year of 1990, while increasing
production of aluminum. The company invests in new technologies, such as
the groundbreaking carbon capture technology, which delivers significant
greenhouse benefits by locking up CO2 that is
otherwise released into the atmosphere. Last year, Alcoa opened its
first smelter in 20 years in Iceland powered by sustainable hydropower.
Alcoa’s products help lightweight vehicles in
the transportation industry, saving fuel and maintenance costs, and
reducing emissions, and provide a sustainable solution for the building
and construction industry, packaging and industrial products industries.
Mr. Belda was recognized as an environmental leader along with Dr.
Rajendra Kumar Pachauri, director-general, The Energy and Resources
Institute and Chairman of the Intergovernmental Panel on Climate Change,
and Dr. Shi Zhengrong, Chairman and CEO of Suntech Power Holdings Co.
The three were honored for their path-breaking efforts to address
climate change.
The Asia Society is America’s leading
institution dedicated to educating Americans about Asia and fostering
understanding between Americans and the people of Asian countries.
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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