Alcoa Named Sustainability Leader on Dow Jones Indices for Fifteenth Consecutive Year
September 12 2016 - 10:56AM
Business Wire
Company was once again recognized as aluminum
industry leader
For the fifteenth 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 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.
“As we prepare to launch two strong companies in the second half
of 2016, we will continue using our innovation, creativity, and
passion to deliver net-positive benefits to the environment,
communities where we operate, our employees, and our shareholders,”
said Kevin McKnight, Chief Sustainability Officer and Vice
President, Environment, Health & Safety.
Highlights of Alcoa’s 2015 sustainability performance
include:
- Achieving 2020 greenhouse gas intensity
target five years ahead of plan by reducing absolute greenhouse gas
emissions by 5.5 million metric tons and improving our greenhouse
gas emission intensity by 31.3% from our 2005 baseline.
- Became one of the first companies to
sign the American Business Act on Climate Pledge. As part of
that pledge, committing to reduce absolute U.S. greenhouse gas
emissions by 50% versus a 2005 baseline and also demonstrate a net
reduction of greenhouse gas emissions from the use of products
equal to three times the emissions created by their production—all
by 2025.
- Alcoa-developed high-performance
aluminum, titanium, and nickel-based alloy products are found from
nose to tail on every high-growth commercial aircraft platform.
These products produce lighter, more fuel-efficient planes with
highly efficient engines and smaller carbon footprints.
- Alcoa Micromill® material, which
produces automotive parts that are twice as formable and 30 percent
lighter than parts made from high-strength steel, debuted on the
2016 Ford F-150 truck.
- During 2015, improved bauxite residue
storage efficiency and rehabilitation rate. In addition, finalized
biodiversity action plans for three locations, and minimized global
mining footprint.
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.
Learn more about Alcoa’s sustainability efforts and how its
inherently sustainable products are making significant
contributions to the world in the 2015 Sustainability Report.
Dissemination of Company Information
Alcoa intends to make future announcements regarding Company
developments and financial performance through its website at
www.alcoa.com.
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 57,000 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 communication contains statements that relate to future
events and expectations and as such constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements include those
containing such words as “anticipates,” “believes,” “could,”
“estimates,” “expects,” “forecasts,” “intends,” “may,” “outlook,”
“plans,” “projects,” “seeks,” “sees,” “should,” “targets,” “will,”
“would,” or other words of similar meaning. All statements that
reflect the Company’s expectations, assumptions or projections
about the future, other than statements of historical fact, are
forward-looking statements, including, without limitation,
statements regarding the separation transaction. Forward-looking
statements are not guarantees of future performance and are subject
to risks, uncertainties, and changes in circumstances that are
difficult to predict. Although the Company believes that the
expectations reflected in any forward-looking statements are based
on reasonable assumptions, it can give no assurance that these
expectations will be attained and it is possible that actual
results may differ materially from those indicated by these
forward-looking statements due to a variety of risks and
uncertainties. Such risks and uncertainties include, but are not
limited to: (a) uncertainties as to the timing of the separation
and whether it will be completed; (b) the possibility that various
closing conditions for the separation may not be satisfied; (c) the
outcome of contingencies, including legal proceedings; (d) the
impact of the separation on the businesses of Alcoa; (e) the risk
that the businesses will not be separated successfully or such
separation may be more difficult, time-consuming or costly than
expected, which could result in additional demands on Alcoa’s
resources, systems, procedures and controls, disruption of its
ongoing business and diversion of management’s attention from other
business concerns; and (f) the other risk factors discussed in the
Company’s Form 10-K for the year ended December 31, 2015, and other
reports filed with the SEC. The Company disclaims any obligation to
update publicly any forward-looking statements, whether in response
to new information, future events or otherwise, except as required
by applicable law.
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version on businesswire.com: http://www.businesswire.com/news/home/20160912005966/en/
AlcoaInvestorsMatthew
Garth212-836-2714Matthew.Garth@alcoa.comorMediaMonica
Orbe212-836-2632Monica.Orbe@alcoa.com
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