Alcoa Recognized as a Model of Sustainability in Brazil
Alcoa (NYSE: AA) has been recognized as one of 21 model companies in
Sustainability in Brazil ?by Exame, a well-known Brazilian
business magazine, which publishes the country′s prestigious annual
survey on corporate social responsibility.
This is the sixth time Alcoa was recognized for its sustainability
efforts by the publication, which included being named the 'Sustainable
Company of the Year? in 2010, based on the successful start up of
Alcoa′s bauxite mining project in Juruti. Exame has conducted the
annual survey for 12 years.
Franklin Feder, President for Alcoa Latin America and Caribbean,
accepted the award on behalf of more than 6,000 Alcoa employees in
Brazil. 'For Alcoa, where sustainability is part of our core businesses,
being included in such a select group of companies makes us feel
singularly proud,? Feder said.
This year, Alcoa was recognized for ?a project in the ?community village
of Juruti Velho, located near Alcoa′s mining operations in Juruti.
Ecooideia, a cooperative of social experts, is conducting a study to
assess, the economic, social, cultural and environmental changes within
the community.
The Exame ranking is coordinated by the Center for Sustainability
Studies of the Getulio Vargas Foundation, which evaluates the
strategies, commitments and practices of companies within the three
dimensions of sustainability: environmental responsibility,
economic/financial success and social commitment.
About Alcoa
Alcoa is the world′s leading producer of primary and fabricated
aluminum, as well as the world′s largest miner of bauxite and refiner of
alumina. In addition to inventing the modern-day aluminum industry,
Alcoa innovation has been behind major milestones in the aerospace,
automotive, packaging, building and construction, commercial
transportation, consumer electronics and industrial markets over the
past 120 years. Among the solutions Alcoa markets are flat-rolled
products, hard alloy extrusions, and forgings, as well as Alcoa ? wheels,
fastening systems, precision and investment castings, and building
systems in addition to its expertise in other light metals such as
titanium and nickel-based super alloys. Sustainability is an integral
part of Alcoa′s operating practices and the product design and
engineering it provides to customers. Alcoa has been a member of the Dow
Jones Sustainability Index for 10 consecutive years and approximately 75
percent of all of the aluminum ever produced since 1888 is still in
active use today. Alcoa employs approximately 59,000 people in 31
countries across the world. More information can be found at www.alcoa.com.
About Alcoa Brazil
Alcoa has been in Latin America and the Caribbean since the end of the
1950s and has some 7,000 employees in the region, with operations in
Brazil, Jamaica and Suriname. Alcoa Brazil is a fully integrated
aluminum producer. Alcoa has seven production units and three offices in
the states of Maranhão, Minas Gerais, Pará, Pernambuco, Santa Catarina,
São Paulo and the Federal District. The company also has shareholdings
in four hydroelectric power stations: Machadinho and Barra Grande on the
border of the states of Santa Catarina and Rio Grande do Sul; Serra do
Facão in Goiás; and Estreito, between Maranhão and Tocantins. In 2010
Alcoa recorded revenues of US$ 1.6 billion in Brazil and was elected the
Sustainable Company of the Year by Guia Exame de Sustentabilidade
[Exame′s Sustainability Guide]. Further information can be found at www.alcoa.com.br.
Alcoa Inc.
Michael E. Belwood, 812-604-0530
Mike.Belwood@alcoa.com
