Alcoa Named to Climate Disclosure Leadership Index for Sixth Consecutive Year; Commended on Quality of Climate Change Disclosure Practice.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Alcoa (NYSE NYSE See: New York Stock Exchange :AA) announced today that it has been named to the Carbon Disclosure Project (CDP CDP (cytidine diphosphate): see cytosine. (1) (Certificate in Data Processing) An earlier award for the successful completion of an examination in hardware, software, systems analysis, programming, management and accounting, ) Carbon Disclosure Leadership Index for the sixth consecutive year. This index, a key component of CDP's annual Global 500 Report, highlights companies within the FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. Global 500 Index that have displayed the most proficient approach to corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. in regards to climate change disclosure practices. The CDP represents 385 global institutional investors with $57 trillion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. . Carbon disclosure and climate change reporting is critical for investors to fully assess their risks, liabilities and opportunities within their portfolios. The Climate Disclosure Leadership Index is comprised of 67 global 500 companies that showed distinction in their responses to the CDP survey based on reporting of greenhouse gas emissions, emissions reduction targets and risks and opportunities associated with climate change. The index, which provides an evaluation tool for institutional investors, is made up of the top 34 companies selected from non-carbon-intensive sectors and the top 33 companies selected from carbon-intensive sectors. "Alcoa is committed to address climate change responsibly and sustainably, and we are pleased to be a member of this prestigious honor roll of global corporations addressing the challenges of climate change," said Alcoa President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Klaus Kleinfeld. About Alcoa Alcoa is the world leader in the production and management of primary aluminum, fabricated aluminum and alumina combined, through its active and growing participation in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components including flat-rolled products, hard alloy extrusions, and forgings, Alcoa also markets Alcoa[R] wheels, fastening systems, precision and investment castings, and building systems. The Company has 97,000 employees in 34 countries and has been named one of the top most sustainable corporations in the world at the World Economic Forum in Davos, Switzerland. More information can be found at www.alcoa.com |
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