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Alcoa Urges Aluminum Association to Adopt Ambitious Approach to Sustainable Development; Alcoa Establishes New Goal On Recycled Aluminum Usage
PITTSBURGH--(BUSINESS WIRE)--Oct. 1, 2002--Alcoa (NYSE:AA)
Executive Vice President G. John Pizzey urged The Aluminum Association
to adopt an ambitious approach to sustainable development that
positions the organization and its members as leaders and innovators
during a presentation at the trade organization's 69th Annual Meeting
in Washington D.C. yesterday. Mr. Pizzey also announced that Alcoa has
established a new corporate recycling usage goal: By 2020, 50% of
Alcoa products, except raw ingot that is sold to others directly, will
be made from recycled aluminum.
"The industry is global. The problems are global and the economic
solutions are global. So, too, must be the applications of sustainable
development principles," Mr. Pizzey said. "Sustainable development
provides a framework that allows us to address how we do business, how
we interact with our plant communities and other stakeholders, and how
we look at public policy issues. It is in this context that Alcoa has
made a significant commitment to address climate change. This is a
core issue for Alcoa, and for the global aluminum industry," he noted.
Mr. Pizzey recommended that as an industry we continue to reduce
our greenhouse gas emissions and focus on efficiency as the key to
emissions reductions. "At Alcoa, we have a goal to reduce greenhouse
gas emissions by 25% by 2010 from a base year of 1990. I'm pleased to
tell you that we have already reached 90% of our goal."
He also suggested that greenhouse gas emission reduction measures
start at the shop floor and assessment tools, such as Life Cycle
Analysis, be applied to measure the long-term value of aluminum
products and the renewable nature of aluminum, and to communicate
those characteristics to stakeholders.
New Alcoa Recycling Usage Goal
"Sustainability requires environmental excellence, economic
success and social responsibility," Mr. Pizzey told the attendees. "At
Alcoa, we have developed a strategic framework that allows each of our
businesses worldwide to develop its own goals and action plans within
that framework." These goals will serve as milestones along the way to
Alcoa's ultimate vision of a company where:
All wastes have been eliminated
Products are designed for the environment
The environment is fully integrated into manufacturing
The workplace is free of injuries, spills and leaks, and
Alcoa is recognized as a leader and partner in every community
where it has operations.
Mr. Pizzey also announced a new corporate sustainability goal that
Alcoa is undertaking that by 2020, 50% of Alcoa products, except raw
ingot that is sold to others directly, will be made from recycled
aluminum.
In announcing the goal, Mr. Pizzey said, "In a little over a
century of use, aluminum has a proven record of renewable use; about
two-thirds of aluminum ever produced -- 440 million tons of a total
680 million tons manufactured since 1886 -- is still in use. Setting
this goal will allow us to build on that record of a truly sustainable
metal."
Mr. Pizzey said aluminum producers must define their commitment to
sustainability with visible and disseminated results. "Unless we are
perceived to be a sustainable enterprise, new smelters will not be
permitted, new mines will not be allowed, new residue ponds will not
be approved and electric power projects for our industry will not be
built."
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