Achievements Highlighted in Newly Released 2014 Sustainability Report
2014 Sustainability Report Highlights
- Reduced absolute greenhouse gas emissions by 3 million metric tons, or 6.8 percent
- Included in the Dow Jones Sustainability Indexes for the 13th consecutive year
- 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
Alcoa (NYSE: AA) today announced that its innovative products and
transformation strategy are delivering strong sustainability results.
The achievements are highlighted in Alcoa’s 2014
Sustainability Report.
Over the last year, the Company expanded its multi-material value-add
portfolio and introduced innovations across its end markets enabling
customers to produce more environmentally friendly products. Alcoa also
continued to reshape its commodity business to become more globally
competitive by closing and curtailing high-cost, less efficient
facilities, reducing its overall emissions.
“Alcoa’s transformation is driving profitable growth, advancing
sustainability and delivering innovative products to meet the demands of
a more energy-efficient world,” said Klaus Kleinfeld, Alcoa Chairman and
Chief Executive Officer. “From trucks to cars to airplanes and beyond,
our innovations in lightweight metals are increasingly being used by our
customers and their consumers to create a more sustainable global
society.”
The following are among the Company’s achievements highlighted in the
2014 Sustainability Report:
-
Alcoa Innovations Put Sustainable Products on the Fast Track:
In 2014, Alcoa unveiled a jet engine first— the world’s first advanced
aluminum alloy fan blade forging for Pratt & Whitney’s Hybrid-Metallic
Fan Blade, which will help make Pratt & Whitney’s PurePower® engines
lighter and more fuel efficient. In automotive, Alcoa’s breakthrough
MicromillTM technology will enable the manufacture of
automotive parts twice as formable and 30 percent lighter than parts
made from high-strength steel, supporting the creation of lighter,
more fuel efficient, safer and more stylish vehicles for the future.
In commercial transportation, Alcoa’s new Ultra ONETM
heavy-duty truck wheel is 47 percent lighter than a steel wheel of the
same size and helps trucks increase payload and fuel efficiency. -
Alcoa’s Environmental Footprint Continues to Shrink: Through
energy-efficiency improvements, as well as closures and curtailments
of less-efficient facilities, Alcoa reduced its absolute greenhouse
gas emissions by 3 million metric tons, or 6.8 percent, in 2014. For
every metric ton of aluminum Alcoa makes today, it emits 25.9 percent
less greenhouse gases than it did in 2005. -
World-class Health and Safety Culture Delivers Results: The
Company continued to invest in the safety, health, and well-being of
its employees and their families. Regrettably, we suffered one
contractor fatality during 2014. Alcoa’s days away, restricted, and
transfer (DART) rate improved 8.3 percent from 2013. Wellness remained
a key focus, with Alcoa being named the World’s Most Active
Organization by the Global Corporate Challenge for the second
consecutive year.
“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,” said Kevin
McKnight, Alcoa’s Chief Sustainability Officer and Vice President of
Environment, Health, and Safety. “The people of Alcoa are dedicated not
only to enhancing shareholder value, but also to advancing the world
through Alcoa innovation, creativity, and passion.”
Alcoa’s 2014 Sustainability Report details the Company’s global
environmental, social and economic performance during 2014. Alcoa has
produced the report for 13 consecutive years. More detail is available
online in the Sustainability section of alcoa.com at http://www.alcoa.com/sustainability.
About Alcoa
A global leader in lightweight metals
technology, engineering and manufacturing, Alcoa innovates
multi-material solutions that advance our world. Our technologies
enhance transportation, from automotive and commercial transport to air
and space travel, and improve industrial and consumer electronics
products. We enable smart buildings, sustainable food and beverage
packaging, high performance defense vehicles across air, land and sea,
deeper oil and gas drilling and more efficient power generation. We
pioneered the aluminum industry over 125 years ago, and today, our
approximately 59,000 people in 30 countries deliver value-add products
made of titanium, nickel and aluminum, and produce best-in-class
bauxite, alumina and primary aluminum products. For more information,
visit www.alcoa.com,
follow @Alcoa on Twitter at www.twitter.com/Alcoa
and follow us on Facebook at www.facebook.com/Alcoa.
Forward-Looking Statements
This release contains
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Words such as “expects,” “goal,” “may,”
“should,” “will,” and similar expressions are often used in
forward-looking statements. All statements that reflect Alcoa’s
expectations, assumptions, or projections about the future other than
statements of historical fact are forward-looking statements, including,
without limitation, statements regarding future capabilities or benefits
of new manufacturing technologies, Alcoa’s transformation strategy, and
sustainability goals. Forward-looking statements are not guarantees of
future performance and are subject to risks, uncertainties, and changes
in circumstances that are difficult to predict. Many factors could cause
actual results to differ materially from those in the forward-looking
statements, including, without limitation: (a) changes in aluminum
industry or global economic conditions generally or in the markets
served by Alcoa; (b) business disruptions due to unavailability of
energy, equipment outages, natural disasters, or other unexpected
events; (c) changes in regulatory requirements or the competitive
landscape; (d) failure to successfully implement, to achieve
commercialization of, or to realize expected benefits from new
technologies, advanced alloys, or other innovations, including, without
limitation, Alcoa MicromillTM technology; and (e) the other
risk factors discussed in Alcoa’s Form 10-K for the year ended December
31, 2014 and other reports filed with the Securities and Exchange
Commission. Alcoa disclaims any intention or obligation to update
publicly any forward-looking statements, whether in response to new
information, future events or otherwise, except as required by
applicable law.
Alcoa
Nahla Azmy, 212-836-2674
Nahla.Azmy@alcoa.com
or
Bridget McNie, 412-553-2609
Bridget.McNie@alcoa.com