Alcoa Included On S&P Dow Jones Sustainability Indices

Alcoa Included On S&P Dow Jones Sustainability Indices

Pittsburgh aluminium pioneer Alcoa Corporation was included in the latest listing of the S&P Dow Jones Sustainability Indices (DJSI) this week in recognition of its environmental, social, and governance (ESG) performance.

Alcoa has been a perennial entrant on the list, having been included on it each year since the list was first compiled in 1999. The firm rated in the 96th percentile, putting it among the top companies its size and first in the aluminium industry.

Sonya Elam Harden, Alcoa’s Executive Vice President and Chief External Affairs Officer, said in a press release that the listing is proof positive of the firm’s commitment to ESG.

“Alcoa’s continuous recognition via the DJSI indices affirms the important work we do to embed sustainability across our business and operations, beginning with responsible mining and active engagement with our communities. At Alcoa, sustainability is one of our strategic priorities, and we have a vision to reinvent the aluminum industry.”

The list is compiled using data from the S&P Global Corporate Sustainability Assessment, which is a yearly evaluation that critiques over 13,000 companies around the world.

Alcoa notes that a major factor in its continued high ESG rating is its technological roadmap, which includes new technology intended to reduce carbon emissions in the upstream aluminium area. The company’s ambition is to achieve net zero emissions by mid century.

Alcoa also credits its membership in the Aluminium Stewardship Initiative (ASI) and its collaboration with the International Aluminium Institute (IAI). Alcoa is involved with programs run by both bodies that are aimed at sustainable aluminium production.