Sustainability Strategic Intent – Alcoa
By: Mike • Essay • 358 Words • February 1, 2010 • 1,251 Views
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It doesn’t take much research to appreciate Alcoa’s commitment to sustainability. Alcoa is at the forefront of a corporate initiative towards sustainability and environmental stewardship. This is not to say that Alcoa’s industrial processes are good for the environment or benefit our biosphere, but at least they recognize that industry as a whole is headed in the wrong direction and are focusing on immediate pollution reduction as well as future processes and legislation. Alcoa CEO Alain Belda was quoted as saying, “Each year that we delay action to control emissions increases the risk of unavoidable consequences that could necessitate even steeper reductions in the future, at potentially greater economic cost and social disruption.”
Alcoa published their 2020 Strategic Framework for Sustainability, which includes measurable long term goals for them to accomplish by 2020. Periodic reporting and measurement tracks the company’s progress towards these goals, and the framework has recently been opened up to their stakeholders for review and feedback. Alcoa has already realized drastic reductions in the production of greenhouse gases, mercury emissions, VOCs, sulfur dioxide, and nitrogen oxides. They recently finished construction on a smelter that runs on 100% hydroelectric. They have committed to create innovative technologies to reduce material input and