For the fourteenth year in a row, lightweight metals leader Alcoa (NYSE:AA) has been named as one of the world's leading companies for sustainability on the prestigious Dow Jones Sustainability Indices (DJSI)—a globally recognized and reputable benchmark for corporate responsibility and sustainability. Alcoa was again recognized as the Aluminum Industry Leader on the Dow Jones World Index.
"Sustainability guides everything we do, from creating innovative solutions that help de-carbonize our world and create value for customers, to improving the sustainability of our own manufacturing processes," said Kevin McKnight, Alcoa's Chief Sustainability Officer and Vice President of Environment, Health and Safety. "The progress we continue to make demonstrates that we live our sustainability value every day, with a goal of leaving a positive impact everywhere we operate and in every market where we compete."
Over the last year, Alcoa expanded its multi-material value-add portfolio and introduced innovations across its end markets enabling customers to produce more environmentally friendly products. The Company also reduced its overall emissions by closing and curtailing high-cost, less efficient facilities as it continued to reshape its commodity business.
Highlights of Alcoa's industry-leading sustainability performance include:
Reduced absolute greenhouse gas emissions by 3 million metric tons, or 6.8 percent
Developed forging for the world's first hybrid-metallic fan blade, helping make Pratt & Whitney's PurePower® engines lighter and more fuel efficient
Unveiled Alcoa MicromillTM technology; will manufacture most advanced aluminum sheet on the market, supporting the creation of lighter, more fuel efficient, safer vehicles
Introduced Ultra ONETM heavy-duty truck wheel; 47 percent lighter than steel wheel of same size, enables trucks to increase fuel efficiency and payload
Named the World's Most Active Organization by the Global Corporate Challenge for the second consecutive year
Invested US$38.4 million in community programs via Alcoa and Alcoa Foundation
The Dow Jones Sustainability Indices are the longest-running global sustainability benchmarks worldwide. Following a best-in-class approach, they measure the performance of the world's sustainability leaders based on a comprehensive assessment of long-term economic, environmental and social criteria that account for general as well as industry-specific sustainability trends.
