José A. Drummond
President, Alcoa Latin America
As Alcoa celebrated its 125th anniversary worldwide in 2013, our Latin American and Caribbean operations also celebrated significant environmental and social progress while supporting Alcoa’s strategy of building its lightweight, multi-material portfolio and creating a globally competitive commodity business.
Our environmental achievements during 2013 included decreases in our energy and water consumption and waste generation. While a significant portion of these reductions was due to technology and process changes, the idling of capacity at two of our smelters during the year also contributed to the declining numbers.
We continued our efforts to recruit, develop, and retain top talent. As an example, we again focused on increasing the role of women within our Brazilian operations. The latter earned us recognition as the Best Company for Women to Work for in Brazil in 2013.
Our most important achievement in 2013 was that for the third consecutive year, we had zero employee and contractor fatalities. Our total recordable incident and days away, restricted, and transfer (DART) rates declined, but our lost workday incident rate increased during the year. While all of these rates remain well below national averages, our ultimate goal is to achieve a year with zero incidents.
Investing in the communities in which we operate remained a priority in 2013. Alcoa and our two foundations contributed US$4.2 million to projects that improved education, the environment, and quality of life. While employee volunteerism declined, a variety of organizations benefitted from the more than 31,000 hours our people spent to improve their communities.
To support Alcoa’s transformation strategy of creating a globally competitive commodity business, we made the difficult decision to implement production curtailments. However, we also moved forward with new businesses and innovative products to capture emerging growth opportunities and competitive advantages, which include strong fundamentals in energy, bauxite, and processing in our refinery and world-class smelters.
It was a year of challenges and opportunities. Through it all, we respected our Values and honored our responsibilities.