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Last Updated : 16 January 2012 at 16:45 IST
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Alcoa wins Gold Certification for reporting emissions in Brazil project

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NEW YORK(Commodity Online): Alcoa (NYSE:AA) the world’s leading producer of primary and fabricated aluminum has announced on Friday that its Brazilian operations has received Gold Certification from the Brazil Greenhouse Gas (GHG) Protocol Program for transparency in reporting and quantifying its emissions inventories in 2010.


The certification was granted following an assessment by independent Brazilian auditor Vanzolini Foundation.


The Brazil GHG Protocol Program was launched in 2008 and has 77 member companies. The Program promotes voluntary GHG emissions management by building technical and institutional capacity for emissions accounting and reporting at the organizational level.


It is a partnership between Brazil’s Ministry of Environment, the Brazilian Business Council for Sustainable Development (CEBDS), the Fundacao Getulio Vargas, the World Business Council on Sustainable Development and the World Resource Institute.


The Greenhouse Gas Protocol is the most widely used international accounting tool for government and business leaders to understand, quantify and manage GHG emissions.


Alcoa was one of the first companies in Brazil to participate in the GHG Protocol Program.


“Receiving certification shows the efforts that Alcoa is making in declaring its emissions in a transparent way and proves the company’s commitment to reducing emissions year-after-year,” said Franklin L. Feder, CEO for Latin America and the Caribbean.


Alcoa is the world’s leading producer of primary and fabricated aluminum, as well as the world’s largest miner of bauxite and refiner of alumina. Alcoa Aluminio S.A. is a subsidiary of Alcoa.

NCDEX SOYBEANINDOREJUN12 20 June 2012 contract was trading at Rs 0 . What's your view on it?
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