NEW YORK--Alcoa (NYSE:AA) announced today that it has been selected for the eighth consecutive year as a component of the Dow Jones Sustainability Indexes (DJSI). The DJSI follow a best-in-class approach and include sustainability leaders from industries worldwide and serve as an important guide for investors to assess a company’s sustainability portfolio. Selection to the indices is based on a thorough analysis of a company’s economic, environmental and social performance. The company was once again named a component of the North American Dow Jones Sustainability Index.
“To be included on this key index for eight years in a row clearly shows that Alcoa’s commitment to sustainability remains strong. We produce the ideal sustainable material – aluminum is lightweight and infinitely recyclable, and it will continue to play a key role in the sustainable life of our planet,” said Alcoa CEO and President Klaus Kleinfeld.
Noteworthy 2008 sustainability achievements include:
- The company achieved a 36% reduction in greenhouse gases from the 1990 base year – a 44% improvement over our target for 2010;
- Approximately 90% of Alcoa’s worldwide operations have community programs, putting the company within reach of its target of 100% by 2010; and
- Alcoa has been ranked by the Covalence Ethics Index sixth in ethical reputation among all companies worldwide and first in the Resources category.
Alcoa’s 2008 Sustainability Report and reports from Alcoa regions worldwide can be downloaded at www.alcoa.com/sustainability
Since their inception in 1999, the DJSI have become a leading worldwide reference point for sustainability investing. The inclusion of companies in the indexes is based on a comprehensive sustainability assessment of more than 1,000 exchange-listed companies, based on economic, environmental and social criteria. The DJSI North America tracks the performance of the best 20 percent in terms of sustainability among the largest 600 companies in the respective regions.
Alcoa is the world leader in the production and management of primary aluminum, fabricated aluminum and alumina combined, through its active and growing participation in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components including flat-rolled products, hard alloy extrusions, and forgings, Alcoa also markets Alcoa® wheels, fastening systems, precision and investment castings, and building systems. The Company has been named one of the top most sustainable corporations in the world at the World Economic Forum in Davos, Switzerland and has been a member of the Dow Jones Sustainability Index for seven consecutive years. Alcoa employs approximately 63,000 people in 31 countries across the world. More information can be found at www.alcoa.com