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Alcoa announced September 9 that it has been selected as a component of the North American Dow Jones Sustainability Index. The inclusion in the index marks the seventh year in a row that Alcoa has been a part of the Dow Jones Sustainability Indices. It is an important guide for investors to assess a company’s non-financial performance. Selection is based on an analysis of a company’s economic, environmental and social performance. Issues evaluated include risk management, branding, climate change mitigation, supply chain standards and labor practices.
“Recognition as a sustainability leader by inclusion in the Dow Jones Sustainability Indexes since 2001 exemplifies Alcoa’s commitment to sustainability. We are proud of this achievement, because we believe progress in sustainability contributes to our value as a company,” said Klaus Kleinfeld, Alcoa president and chief executive officer.
Key highlights of Alcoa’s sustainability efforts for 2007 include:
· The opening of the company’s first new smelter in two decades in Iceland powered by sustainable hydropower;
· As a founding member of the U.S. Climate Action Partnership, Alcoa is seeking mandatory climate change legislation; and
· Through Alcoa and Alcoa Foundation, invested more than $49 million in the communities where the company operates worldwide.
Alcoa’s 2007 Sustainability Report and reports from Alcoa regions worldwide can be downloaded at www.alcoa.com/sustainability.
Launched in 1999, the Dow Jones Sustainability Indexes are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. Based on the cooperation of Dow Jones Indexes, STOXX Limited and SAM they provide asset managers with reliable and objective benchmarks to manage sustainability portfolios.