Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Alcoa Reports Safest, Most Environmentally Efficient Year on Record; Delivers Breakthrough Sustainability Innovations

AA

Alcoa (NYSE: AA) announces that 2013 was its safest, most environmentally-efficient year on record, as the Company made strong strides in improving the sustainability of its global operations. The achievements were announced in Alcoa’s 2013 Sustainability Report, which also highlighted breakthrough innovations to help customers meet sustainability challenges, including technology to enable lightweighting in transportation.

“Alcoa is a values-based company. Our Values guide our work and help us accomplish our goals the right way,” said Alcoa Chairman and CEO Klaus Kleinfeld. “I’m incredibly proud that last year we worked safer, with less environmental impact than ever before. And while we are reducing our own footprint, our light-metal innovations are creating a more sustainable world - from greener cars and trucks, to more energy efficient planes and buildings.”

Among the Company’s achievements released in its 2013 Sustainability Report:

  • Safest Year Ever: Building on the Company’s reputation as a global leader in workplace safety, Alcoa set a new safety standard in 2013. The Company experienced no employee fatalities and reduced its “days away, restricted and transfer” injury rate by 30 percent from 2012. Alcoa continued to innovate in the workplace safety arena with its new “Stop for Safety” Program, encouraging and recognizing employees for stopping work when they see a potentially unsafe situation on the job.
  • Environmental Performance Reaches New Highs: Alcoa achieved another 2.6 percent decrease in the intensity of its greenhouse gas emissions in its Global Primary Products business and reduced its absolute emissions by 3.1 million metric tons. In 2005, the Company committed to reducing greenhouse gas emissions by 30 percent by 2020 and 35 percent by 2030. For every metric ton of aluminum Alcoa makes today, the Company emits 25.5 percent less greenhouse gas than it did in 2005.
  • Alcoa Innovation Delivers Sustainable Solutions In Key Markets: Customer-focused product innovations were also among Alcoa’s 2013 sustainability highlights. Alcoa’s breakthrough “951” adhesive bonding technology opened the door to aluminum-intensive vehicle production at scale, enabling cars and trucks that are lighter and more fuel efficient. Ford chose Alcoa as a major aluminum supplier for the 2015 Ford F-150, which uses military-grade aluminum alloys and is 700 pounds lighter. Alcoa also recently introduced the new Ultra ONE™ wheel, the world’s lightest heavy-duty truck wheel. It is 47 percent lighter than steel wheels of the same size and is helping trucks shed pounds for increased payload and fuel efficiency.

Alcoa’s 2013 Sustainability Report details the Company’s global environmental, social and economic performance during 2013. Alcoa has produced the report for 12 consecutive years. More detail is available online in the Sustainability section of alcoa.com at http://www.alcoa.com/sustainability.

About Alcoa

A global leader in lightweight metals engineering and manufacturing, Alcoa innovates multi-material solutions that advance our world. Our technologies enhance transportation, from automotive and commercial transport to air and space travel, and improve industrial and consumer electronics products. We enable smart buildings, sustainable food and beverage packaging, high-performance defense vehicles across air, land and sea, deeper oil and gas drilling and more efficient power generation. We pioneered the aluminum industry over 125 years ago, and today, our 60,000 people in 30 countries deliver value-add products made of titanium, nickel and aluminum, and produce best-in-class bauxite, alumina and primary aluminum products. For more information, visit www.alcoa.com, follow @Alcoa on Twitter at www.twitter.com/Alcoa and follow us on Facebook at www.facebook.com/Alcoa.



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today