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Alcoa Publishes Global Safety Performance in Real Time.


Business Editors

PITTSBURGH--(BUSINESS WIRE)--Sept. 22, 2003

Alcoa has begun publishing real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example.  tracking of its global Lost Work Day rate on alcoa.com . Lost Work Day Rate measures the number of injuries, which result in lost workdays per 200,000 hours worked.

"This is part of the dashboard (1) See Mac Dashboard.

(2) A software-based control panel for one or more applications, network devices or industrial machines. Dashboards display simulated gauges and dials that look somewhat like an automobile dashboard.
 that we watch every day. It's a measurement of how we are progressing towards our goal of zero work-related injuries and illnesses. Publishing it externally so that others can see it at the same time that we do is consistent with our commitment to openness and transparency (1) The quality of being able to see through a material. The terms transparency and translucency are often used synonymously; however, transparent would technically mean "seeing through clear glass," while translucent would mean "seeing through frosted glass." See alpha blending. ," said Chairman 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.  Alain Belda.

"Internally, we have had real-time access to our safety performance data for about ten years. This has helped us identify priorities in health and safety and respond quickly and effectively in the face of emerging trends. It's one of the tools that continues to support our leadership in industrial safety performance."

Looked at from outside Alcoa, this data provides timely insight for external stakeholders Stakeholders

All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government.
 into performance on this critical measure. This real time data is published alongside the previously available monthly data which shows the percentage of Alcoa work force, which has achieved zero lost workdays and the percentage of Alcoa locations that have achieved zero lost workdays and zero recordable injuries for the past twelve months.

"As of today, 372 of our 486 operating locations worldwide have had no lost workdays for the past year. These are the locations and the people who prove to us that zero injuries is not just a worthy goal. It is attainable at·tain  
v. at·tained, at·tain·ing, at·tains

v.tr.
1. To gain as an objective; achieve: attain a diploma by hard work.

2.
 and they are achieving it," Mr. Belda said.

Alcoa's Lost Work Day rate has shown an 85% improvement since 1992 and today stands at 0.121 compared with a U.S industry rate for 2001 (the latest industry data available) of 1.8. Year to date for Alcoa that represents nearly 600 fewer lost workday injuries this year than in 1992 despite the fact that the company has 345 additional locations and 83,628 additional employees this year than was the case in 1992.

To access Alcoa's real time safety data, click on this link: http://www.alcoa.com/global/en/environment/overview.asp

Alcoa is the world's leading producer of primary aluminum, fabricated fab·ri·cate  
tr.v. fab·ri·cat·ed, fab·ri·cat·ing, fab·ri·cates
1. To make; create.

2. To construct by combining or assembling diverse, typically standardized parts:
 aluminum and alumina alumina (əl`mĭnə) or aluminum oxide, Al2O3, chemical compound with m.p. about 2,000°C; and sp. gr. about 4.0. , and is active 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, Alcoa also markets consumer brands including Reynolds Wrap(R) foils and plastic wraps, Alcoa(R) wheels, and Baco(R) household wraps. Among its other businesses are vinyl siding Wikipedia is not the place for advertisement or self-advertising. Vinyl siding, first introduced to the exterior cladding market in the late 1950s, is an alternative to aluminum siding, fiber cement siding, and timber siding. , closures, precision castings, and electrical distribution systems for cars and trucks. The company has 127,000 employees in 40 countries. More information can be found at www.alcoa.com
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Publication:Business Wire
Date:Sep 22, 2003
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