Alcoa recognized by Brazilian business magazine Exame for project in village near company's mining operations in Juruti, Brazil; project focuses on measuring economic, social, cultural and environmental changes in community
November 17, 2011
– Alcoa (NYSE: AA - News) 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.
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.
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