Alcoa has maintained its consistent position as a world leading sustainability leader, according to the Dow Jones Sustainability Indices (DJSI).
For the fifteenth year in a row the lightweight metals specialist was named in the DJSI, a globally recognised benchmark for corporate responsibility and sustainability. Alcoa was again named as the Aluminum Industry Leader on the Dow Jones World Index.
“As we prepare to launch two strong companies in the second half of 2016, we will continue using our innovation, creativity and passion to deliver net-positive benefits to the environment, communities where we operate, our employees, and our shareholders,” said Kevin McKnight, Chief Sustainability Officer and Vice President, Environment, Health & Safety.
Highlights of Alcoa’s 2015 sustainability performance include:
- Achieving 2020 greenhouse gas intensity target five years ahead of plan by reducing absolute greenhouse gas emissions by 5.5 million metric tons and improving our greenhouse gas emission intensity by 31.3% from Alcoa’s 2005 baseline.
- Became one of the first companies to sign the American Business Act on Climate Pledge. As part of that pledge, committing to reduce absolute U.S. greenhouse gas emissions by 50% versus a 2005 baseline and also demonstrate a net reduction of greenhouse gas emissions from the use of products equal to three times the emissions created by their production—all by 2025.
- Alcoa-developed high-performance aluminum, titanium and nickel-based alloy products are found from nose to tail on every high-growth commercial aircraft platform. These products produce lighter, more fuel-efficient planes with highly efficient engines and smaller carbon footprints.
- Alcoa Micromill material, which produces automotive parts that are twice as formable and 30 percent lighter than parts made from high-strength steel, debuted on the 2016 Ford F-150 truck.
- During 2015, improved bauxite residue storage efficiency and rehabilitation rate. In addition, finalized biodiversity action plans for three locations, and minimized global mining footprint.
The Dow Jones Sustainability Indices are long-running global sustainability benchmarks. Following a best-in-class approach, they measure the performance of the world’s sustainability leaders based on a comprehensive assessment of long-term economic, environmental and social criteria that account for general as well as industry-specific sustainability trends.
There is more on Alcoa’s sustainability efforts in the 2015 Sustainability Report.