Olga Galacho, The Herald Sun, Victoria, Australia– Aluminium titan Alcoa may pump more carbon into the state’s lungs than most companies. But it would have Victorians believe they can start breathing easy again after yesterday’s announcement that it has been recognised as a sustainability leader in its home country, the United States. The opening of its first new smelter in 20 years, in Iceland and powered by hydro-electricity, has cemented Alcoa’s position in the Dow Jones Sustainability Index, it seems.
The index tracks the financial prowess of “leading sustainability-driven” companies, and this year is the seventh in a row that the highly energy-intensive Alcoa has been included.
The news might be a relief to those who were considering investing in portable oxygen tanks after the Worldwide Fund for Nature (WWF) last week named and shamed Alcoa as one of 11 power generation owners doing “zero to reduce their emissions”. Read More
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In a special report on the environment, Thórunn Sveinbjarnardóttir, minister for the environment in Iceland, says that Icelandic nature has suffered from aluminium production and needs increased protection. “It is time to correct the injustice nature and environmental protection has faced because of heavy industry,” says the report.
