Thursday March 4, 2004

Alcan Honored for Social Responsibility

Aluminum giant tops Fortune magazine's list.
By Staff Writers

    Alcan Inc. (NYSE, TSX: AL) has taken the top spot in the metals industry on Fortune magazine's 2004 list of the World's Most Admired Companies.

    In its March 8 issue, Fortune ranks Alcan No. 1. in its industry and as one of the top 10 most admired companies in the world for social responsibility. This is Alcan's second year of eligibility on the Most Admired list. Last year, Alcan was ranked No. 2 in its industry.

    "All of us at Alcan are thrilled to be the Most Admired metals company in the World, particularly since this ranking is based on input from our peers," said Travis Engen, Alcan's president and chief executive officer. "Last year was an exciting year for us. We enhanced our business mix, which is a keen advantage for Alcan. I think this ranking tells us that other industry leaders recognize that."

    Buddy Stemple, Works Manager at Alcan's Oswego plant, said of the honor, "Topping Fortune magazine's lists is something every Alcan employee contributed to and can be proud of."

    Stemple notes the Oswego Works' contributions to organizations including Greater Oswego County, Oswego County Habitat for Humanity, Operation Oswego County, Greater Oswego Chamber of Commerce and the Central New York Metropolitan Development Association organizations

    Each year, Fortune magazine and the Hay Group ask 10,000 executives, directors and security analysts to rate global companies in nine criteria: innovation, financial soundness, employee talent, use of corporate assets, long-term investment value, social responsibility, quality of management, quality of products/services and globalness. Fortune also published a list of America's Most Admired Companies.

    Alcan is a multinational, market-driven company with operations including aluminum and packaging, as well as aluminum recycling. With operations in primary aluminum, fabricated aluminum as well as flexible and specialty packaging, aerospace applications, bauxite mining and alumina processing. Alcan employs 88,000 people and has operating facilities in 63 countries.

Oswego County Business Magazine
Issue 158

Issue 158
October/November 2018

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Last Page

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