Alcoa Named A Model Company For Sustainability
For the fourth year in a row, Alcoa (NYSE:AA) has been named one of Brazil's model companies for sustainable development, in Exame Magazine's Sustainability Guide 2012, the country's largest and most respected publication on sustainability practices and corporate responsibility.
The annual guide selects and recognizes the sustainable actions of 20 model companies every year and is Brazil´s most prestigious annual survey on corporate social responsibility.
"For Alcoa, it makes us proud to be part of such a select group of companies. This work exemplifies the commitment our employees have to sustainable development," said Frank Feder, Regional CEO, Alcoa Latin America & Caribbean.
Alcoa was recognized for replacing fuel oil with natural gas at the Poços de Caldas alumina refinery, a cost effective solution that also resulted in an 11 percent reduction of CO2 emissions at the plant.
Alcoa has been previously recognized by Exame for its transparent and open consultation with communities in the heart of the Amazon forest, where the Company has operated a bauxite mine for three years. Alcoa has worked closely with the communities in the Municipality of Juruti to bring about improvements in health, education, culture, the environment, urban and rural infrastructure, security and justice. The ranking of the Exame Guide is coordinated by the Getúlio Vargas Foundation's Center for Studies in Sustainability, which evaluates companies on three dimensions of sustainability: environmental responsibility, economic success, and social commitment. It also examines business practices, transparency, and corporate governance. 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. For more information, visit www.alcoa.com and follow @Alcoa on Twitter at twitter.com/Alcoa.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
