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Alcoa named on Dow Jones Sustainability Indexes again
For the ninth consecutive year, Alcoa has been selected as a component of the Dow Jones Sustainability Indexes (DJSI), one of the most highly recognised and long-standing global sustainability indexes. Alcoa was named to both the World and the North American Indexes.
The Dow Jones Sustainability World Index comprises the leading companies in terms of sustainability around the world. It captures the top 10% based on long-term economic, environmental and social criteria out of the biggest 2500 companies worldwide. The Dow Jones Sustainability North America Index captures the leading 20% in terms of sustainability out of the largest 600 North American companies.
The DJSI follow a best-in-class approach and include sustainability leaders from industries worldwide, serving as an important guide for investors to assess a company’s sustainability portfolio. Selection to the DJSI is based on an in-depth analysis of a company’s economic, environmental and social aspects with a focus on long-term development of corporate value.
“We never wavered from our commitment to environmental excellence and social responsibility, even though the economic climate has been challenging,” said Alcoa chairman and CEO Klaus Kleinfeld. “Our continued inclusion in one of the world’s foremost sustainability indexes is welcome recognition for our efforts.”
Continuing its proactive approach to sustainability, in August Alcoa named Kevin Anton as its chief sustainability officer with responsibility for developing a comprehensive strategy integrating all of the company’s sustainability efforts.
The company also reported a number of advances in its 2009 Sustainability Report, including:
- 74% of Alcoa locations worldwide reported zero lost work day incidents and 41% reported zero recordable injuries.
- Continued reductions in absolute greenhouse gas emissions in 2009, achieving a 44% reduction from 1990 levels. This compares to a reduction of 36% through the end of 2008, although a considerable portion of the 2009 improvement was due to temporary production curtailments in response to the economic downturn. Process improvements in the Global Primary Products group reduced direct GHG emissions by more than 1 million tons over 2008.
- Performed life cycle assessments of aluminum-containing products, including computer laptops, automotive space frames, truck/trailers, city buses, and aluminum bottles and conducted third-party, peer-reviewed life cycle assessments of aluminum beverage containers and automotive parts in association with the European Aluminium Association, US Aluminum Association, and International Aluminium Institute.
- About 90% of worldwide operating locations now have community programs, and Alcoa and Alcoa Foundation invested more than $34 million in the communities in which we operate worldwide.
Source: Alcoa
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