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TheStreet Open House

Alcoa Joins International Charter For Sustainable Transportation

Stock quotes in this article: AA

Alcoa (NYSE:AA) announced that its Alcoa Wheel and Transportation Products (AWTP) business has joined the Sustainable Development Charter of the International Association of Public Transport (UITP). The UITP, an organization with a 125-year history, is an international network for public transport and a global advocate of sustainable mobility and a promoter of innovations in the transportation sector. Alcoa Wheel and Transportation Products President Tim Myers and UITP Secretary-General Alain Flausch signed the UITP Sustainable Development Charter at the 64 th International Motor Show (IAA) Commercial Vehicles conference in Hannover, Germany.

While Alcoa has been a member of the UITP since 2009, the Sustainable Development Charter is specifically dedicated to increasing awareness of the importance of sustainability within the transportation sector. The Charter’s more than 150 global members commit to monitor, measure and to report on their own sustainability performance, while sharing best practices with fellow members.

“Alcoa is very proud to join the UITP Sustainable Development Charter as it underscores our dedication to sustainability and environmental excellence, while also helping us to further these values within the transportation industry,” said Alcoa Wheels and Transportation Products President, Tim Myers. “In addition to our own sustainability commitment, Alcoa aluminum wheels also help our customers to reach their own sustainability goals by making trucks and buses lighter so they use less fuel and reduce carbon emissions.”

In May 2012, Alcoa announced that its global line of aluminum wheels were Cradle to Cradle Certified CM at the Silver level. The Alcoa wheels are the first products in the transportation industry to receive Cradle to Cradle certification which recognizes Alcoa’s environmentally sound production processes and the infinitely recyclable nature of aluminum.

For 11 consecutive years, Alcoa has been named to the Dow Jones Sustainability Indexes (DJSI), one of the most highly recognized and long-standing global sustainability indexes. Inclusion in the DJSI is based on an in-depth analysis of the company’s economic, environmental and social aspects with a focus on long-term development and corporate value. To learn more about Alcoa’s approach to sustainability around the world, please visit http://www.alcoa.com/sustainability.

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 11 consecutive years and approximately 75 percent of all of the aluminum ever produced since 1888 is still in active use today. Alcoa employs approximately 61,000 people in 31 countries across the world. More information can be found at www.alcoa.com.

About UITP

The International Association of Public Transport (UITP) is the international network for public transport authorities and operators, policy decision-makers, scientific institutes and the public transport supply and service industry. It is a platform for worldwide cooperation, business development and the sharing of know-how between its 3,400 members from 92 countries. UITP is the global advocate of public transport and sustainable mobility, and the promoter of innovations in the sector. More information can be found at www.uitp.org.



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