Alcoa Named One Of Most Sustainable Corporations Worldwide
February 14, 2005
Alcoa was recently named one of the top three most sustainable corporations in the world during a ceremony at the World Economic Forum in Davos, Switzerland. Alcoa, Toyota Motor and BP were recognized in the Global 100 Most Sustainable Corporations in the World for their ability to meet the "triple bottom line," a measure of value that balances the environmental, social and economic impacts of a business. This is the first year that the annual list was announced by Corporate Knights of Toronto, Canada, which publishes a mainstream corporate responsibility magazine. Innovest Strategic Value Advisors Inc., an internationally recognized investment research and advisory firm, provided the data and analysis for the Global 100. "It's an honor to see the work of Alcoans recognized globally," said Alain Belda, Alcoa chairman and CEO. "Sustainability is not new to us, although we may not have always used the term. For years we have been using our Values as a guide while striving for excellence with a focus on better understanding and managing our economic, social and environmental impacts with our communities."