Business News
Alcoas 2008 Sustainability Report Details Commitment to Communities, Customers and Shareholders
Wednesday 15. April 2009 - Alcoa (NYSE:AA) announced today the release of its 2008 Corporate Sustainability Report, an annual account of the companys global environmental, social, and economic performance. The report is available online in the sustainability section of Alcoas website
“Alcoa has a long tradition of both setting meaningful corporate goals in the areas of financial success, environmental stewardship, and social responsibility and reporting on our progress against those goals to all of our stakeholders. We also expect these goals to be pursued based on all of our Values,” said William J. ORourke, Alcoa vice president for sustainability & environment, health & safety. “Our 2008 Sustainability Report highlights the significant advances that we have achieved and the goals that we will continue to pursue during these difficult economic times and beyond.”
Some noteworthy 2008 achievements include:
75.9% of Alcoa locations had zero lost workdays and 44.4% of them had no recordable injuries;
The company achieved a 36% reduction in greenhouse gases from the 1990 base yeara 44% improvement over the target reduction of 25% by 2010;
Approximately 90% of Alcoas worldwide operating locations have community programs, putting the company within reach of its target of 100% by 2010; and
Alcoa was included in the Dow Jones Sustainability Index for the seventh year in a row and named one of the most sustainable companies in the world at the World Economic Forum in Davos for the fifth consecutive year.
Also included in the Alcoa Sustainability Report is an independent commentary by AccountAbility, a global, not-for-profit partnership dedicated to thought leadership and advisory services focused on sustainable development. Alcoa has worked with AccountAbility over the last two years to improve the transparency and quality of its sustainability reporting. Alcoa provided space for AccountAbility to comment on the companys sustainability reporting and to offer advice on how Alcoa can continue to improve its reporting.