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Alcoa Selected Again for Dow Jones Sustainability Indexes.


PITTSBURGH -- Alcoa (NYSE NYSE

See: New York Stock Exchange
:AA) announced today that it has been chosen again as a component of the Dow Jones Dow Jones

the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202]

See : Finance
 Sustainability Index family. Selection is based on a thorough assessment of a company's economic, environmental and social performance. This is the fifth time Alcoa has been named a member of the index.

Launched in 1999, the Dow Jones Sustainability Indexes are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. Total 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.  in DJSI-based investment vehicles currently amount to more than $5 billion, a 30% increase over the last 12 months.

"Such prestigious recognition of our sustainability efforts gives us great pride, and demonstrates what can be achieved when Alcoans around the globe work in partnership with the community to promote sustainability through economic success, environmental excellence and social responsibility," said Alain Belda, Alcoa 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. .

Alcoa's 2005 Sustainability Report details the company's revised strategic framework for sustainability supported by clear targets for measuring progress toward achievement of Alcoa's vision for 2020. Alcoa has nine regional sustainability reports available on www.alcoa.com. The 2005 Sustainability Report and the nine regional sustainability reports can be downloaded at www.alcoa.com/lnk/sustainability.

More information about the DJSI DJSI Dow Jones Sustainability Index  can be found at http://www.sustainability-indexes.com.

Alcoa is the world's leading producer and manager 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.  facilities, 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 closures, fastening systems, precision castings, and electrical distribution systems for cars and trucks. The company has 129,000 employees in 44 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
COPYRIGHT 2006 Business Wire
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 6, 2006
Words:350
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