08 OCTOBER 2012www.fool.com
Alcoa Joins International Charter for Sustainable Transportation
Edited by : AL CIRCLE
2 min read
Alcoa announced that its Alcoa Wheel and Transportation Products (AWTP) business has joined the Sustainable Development Charter of the International Association of Public Transport (UITP). The UITP, an organization with a 125-year history, is an international network for public transport and a global advocate of sustainable mobility and a promoter of innovations in the transportation sector. Alcoa Wheel and Transportation Products President Tim Myers and UITP Secretary-General Alain Flausch signed the UITP Sustainable Development Charter at the 64th International Motor Show (IAA) Commercial Vehicles conference in Hannover, Germany.
While Alcoa has been a member of the UITP since 2009, the Sustainable Development Charter is specifically dedicated to increasing awareness of the importance of sustainability within the transportation sector. The Charter’s more than 150 global members commit to monitor, measure and to report on their own sustainability performance, while sharing best practices with fellow members.
“Alcoa is very proud to join the UITP Sustainable Development Charter as it underscores our dedication to sustainability and environmental excellence, while also helping us to further these values within the transportation industry,” said Alcoa Wheels and Transportation Products President, Tim Myers. “In addition to our own sustainability commitment, Alcoa aluminum wheels also help our customers to reach their own sustainability goals by making trucks and buses lighter so they use less fuel and reduce carbon emissions.”
In May 2012, Alcoaannouncedthat its global line of aluminum wheels were Cradle to Cradle CertifiedCM at the Silver level. The Alcoa wheels are the first products in the transportation industry to receive Cradle to Cradle certification which recognizes Alcoa’s environmentally sound production processes and the infinitely recyclable nature of aluminum.
For 11 consecutive years, Alcoa has been named to the Dow Jones Sustainability Indexes (DJSI), one of the most highly recognized and long-standing global sustainability indexes. Inclusion in the DJSI is based on an in-depth analysis of the company’s economic, environmental and social aspects with a focus on long-term development and corporate value.
While Alcoa has been a member of the UITP since 2009, the Sustainable Development Charter is specifically dedicated to increasing awareness of the importance of sustainability within the transportation sector. The Charter’s more than 150 global members commit to monitor, measure and to report on their own sustainability performance, while sharing best practices with fellow members.
“Alcoa is very proud to join the UITP Sustainable Development Charter as it underscores our dedication to sustainability and environmental excellence, while also helping us to further these values within the transportation industry,” said Alcoa Wheels and Transportation Products President, Tim Myers. “In addition to our own sustainability commitment, Alcoa aluminum wheels also help our customers to reach their own sustainability goals by making trucks and buses lighter so they use less fuel and reduce carbon emissions.”
In May 2012, Alcoaannouncedthat its global line of aluminum wheels were Cradle to Cradle CertifiedCM at the Silver level. The Alcoa wheels are the first products in the transportation industry to receive Cradle to Cradle certification which recognizes Alcoa’s environmentally sound production processes and the infinitely recyclable nature of aluminum.
For 11 consecutive years, Alcoa has been named to the Dow Jones Sustainability Indexes (DJSI), one of the most highly recognized and long-standing global sustainability indexes. Inclusion in the DJSI is based on an in-depth analysis of the company’s economic, environmental and social aspects with a focus on long-term development and corporate value.
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