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| March 22, 2011
Alcoa Becomes Founding Member of Duke Center for Sustainability & Commerce
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA), together with the Alcoa Foundation, announced today
that Alcoa has become a founding member of the Duke Center for
Sustainability & Commerce, an organization dedicated to collaborating
with industry and government to turn the vision of sustainability into
products and solutions serving society.
The center is part of Duke’s Nicholas Institute for Environmental Policy
Solutions, a non-partisan institute focused on finding solutions to the
nation’s most pressing environmental challenges. It was established at
Duke University in 2010.
“The Duke Center’s focus on collaboration and innovation fits well with
Alcoa’s approach to developing products and solutions that contribute to
a sustainable world,” said Kevin Anton, Alcoa’s Chief Sustainability
Officer. “Working together, we can help communities and companies
develop sustainable strategies to meet rapidly growing demand for
infrastructure and transportation created by increasing population and
urbanization.”
Anton will join the center’s Industry Council, an advisory panel for
research and outreach.
Alcoa Foundation President Paula Davis said the Center’s research plays
an important role in turning concepts into reality.
“The research depth of Duke University along with the expertise of the
Center’s business partners creates a powerful combination,” Ms. Davis
said. “We are pleased to be part of this effort and look forward to the
advancements in sustainable communities that will result.”
Through its research, the Center is leading efforts to create a new
generation of technological and organizational innovations to meet
global sustainability challenges. It is led by Dr. Jay S. Golden who
founded and co-directed the Sustainability Consortium prior to joining
Duke.
“Alcoa has a long history of innovation that has led to great successes
in their operations and product designs,” said Golden. “Our partnership
with Alcoa will provide us a key manufacturing perspective from an
organization whose products are critical to global commerce.”
About Alcoa
Alcoa is the world’s leading producer of primary and fabricated
aluminum, as well as the world’s largest miner of bauxite and refiner of
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.
About Alcoa Foundation
Alcoa Foundation is a nonprofit U.S. corporate foundation with assets of
approximately US$420 million. In addition to addressing locally
identified needs in communities where Alcoa operates, Alcoa Foundation
is focused on unlocking solutions to critical environmental
sustainability challenges, including global climate change. Alcoa
Foundation has been a long-term partner in Alcoa communities worldwide
for more than fifty years, investing over US$515 million since 1952.
More information can be found at www.alcoa.com/foundation.
The Duke Center for Sustainability & Commerce
The Duke Center for Sustainability & Commerce focuses on delivering
impactful research and education programs on the important nexus of
sustainability and commerce. Building upon the world-class faculty and
resources at Duke, the Center serves as a catalyst for creating a new
generation of sustainability knowledge and solutions in service to
society around the world.
The Center is engaged with both industry and government to close the gap
between the vision and reality of more sustainable firms and products in
our marketplace. Through the collaboration of our faculty, researchers,
and students, we are creating the organizational and technological
sustainability solutions necessary for a rapidly increasing and global
economy.
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