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April 22, 2003
Alcoa Continues Commitment to Sustainability With Release of 2002 Sustainability Report
PITTSBURGH--(BUSINESS WIRE)--April 22, 2003--Alcoa (NYSE:AA)
marked Earth Day 2003 with the release of its 2002 Sustainability
Report, a detailed, data-based review of the company's global,
environmental, social and economic performance. The report is
available online at http://www.alcoa.com/sustainability.
In releasing the report, Alcoa Chairman and CEO, Alain Belda said
that it represented another milestone in Alcoa's long tradition of
measuring performance against the high standards set by the company
and reporting publicly on progress made.
"Truth can be judged by performance, so data and factual
information pervade this report," said Belda. "We have presented
information that yields meaningful insight into our global operations,
where we are making progress and where we are not yet performing to
the standards we set for ourselves," he said.
Belda attributed the achievements outlined in the report to the
hard work of 127,000 Alcoa employees in 40 countries. "Alcoa's
employees are working effectively to drive waste from the value chain,
from the natural resources that make our products all the way through
the supply chain to the customer. That is how we secure the benefits
and reduce the cost for our business, our customers, our communities,
and our world. This is how we demonstrate leadership.' he said.
Highlights of the report include:
- The best safety performance in Alcoa's history with more than
99% of Alcoa employees recording no lost work days due to
- Significant progress in contributing to the fight on climate
change with a 22.5% reduction of greenhouse gas emissions from
1990 levels - well beyond the targets outlined at Kyoto.
- Reductions in total process water use of 13%, reductions in
global sulfur dioxide emissions of 13% and 23% reduction in
emissions of nitrogen oxides, all over the past three years.
- Community giving - more than $34 million in 2002 alone - and
commitment to an innovative global program designed to deliver
"More than Money."
Much of the environmental, social, and economic data in the report
have been regularly reported in one form or another by Alcoa for
decades, but this is the first time that they have been drawn together
to provide an integrated view of the company's performance. This
report serves as a complementary volume to Alcoa's 2002 Annual Report.
Alcoa is the world's leading producer of primary aluminum,
fabricated aluminum and alumina, and is active 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 as a single solution to customers.
In addition to aluminum products and components, Alcoa also markets
consumer brands including Reynolds Wrap(R) aluminum foil, Alcoa(R)
wheels, and Baco(R) household wraps. Among its other businesses are
vinyl siding, closures, precision castings, and electrical
distribution systems for cars and trucks. The company has 127,000
employees in 40 countries. For more information go to www.alcoa.com
Forward Looking Statement
Certain statements in this release relate to future events and
expectations and as such constitute forward-looking statements
involving known and unknown risks and uncertainties that may cause
actual results, performance or achievements of Alcoa to be different
from those expressed or implied in the forward-looking statements.
Important factors that could cause actual results to differ materially
from those in the forward-looking statements are summarized in Alcoa's