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Alcoa Named Brazil´s “Sustainable Company of the Year” by Exame Magazine
Annual Sustainability Publication Ranks Alcoa First
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) has been named “Sustainable Company of the Year” in
Brazil’s Exame magazine’s 2010 Sustainability Guide, the Company
announced today. The annual guide, in its 11th edition, selects and
recognizes the sustainable actions of 20 model companies every year.
Exame’s Sustainability Guide is Brazil´s most prestigious
annual survey on corporate social responsibility.
“It's truly a great honor and to rank first amongst the most sustainable
corporations in Brazil, particularly when Exame’s ranking
includes the country’s most prestigious enterprises,” said Franklin L.
Feder, President, Alcoa Latin America & Caribbean. “This recognition
crowns the contributions of approximately 6,400 Alcoans in Brazil who
every day contribute towards enhancing the sustainability of our
operations in this country.”
The ranking is coordinated by the Center for Sustainability Studies of
the Getulio Vargas Foundation, which evaluates the strategies,
commitments and practices of companies within the three dimensions of
sustainability: environmental responsibility, economic/financial success
and social commitment.
The ranking also covers business practices, transparency and corporate
governance. After reviewing the companies, a deliberative council
selected by Exame meets to choose the top 20 model companies and
the Sustainable Company of the Year.
This is the fifth time Alcoa has been recognized as a model company in
sustainability by Exame’s Guide.
The names of the 20 model companies in Exame’s Sustainability Guide
2010, as well as that of Alcoa as the Sustainable Company of the Year,
were announced on November 10th during an award ceremony held in São
Paulo. For more information visit www.portalexame.com.br.
Alcoa is the world’s leading producer of primary aluminum, fabricated
aluminum and alumina. In addition to inventing the modern-day aluminum
industry, Alcoa innovation has been behind major milestones in the
aerospace, automotive, packaging, building and construction, commercial
transportation, consumer electronics and industrial markets over the
past 120 years. Among the solutions Alcoa markets are flat-rolled
products, hard alloy extrusions, and forgings, as well as Alcoa® wheels,
fastening systems, precision and investment castings, and building
systems in addition to its expertise in other light metals such as
titanium and nickel-based super alloys. Sustainability is an integral
part of Alcoa’s operating practices and the product design and
engineering it provides to customers. Alcoa has been a member of the Dow
Jones Sustainability Index for nine consecutive years and approximately
75 percent of all of the aluminum ever produced since 1888 is still in
active use today. Alcoa employs approximately 59,000 people in 31
countries across the world. More information can be found at www.alcoa.com.