Alcoa

This article is part of the Mining and Metals project of Spinwatch

This article is part of the Climate project of Spinwatch.

Alcoa (standing for Aluminium Company of America) is the world's third largest aluminium producer with operations in 31 countries.

Aerospace and Defense

Alcoa Defense (who's tag line is 'lighter, faster, stronger') controls the company's sales of aluminium for military and arms manufacture. Approximately 30% of aluminium is used for defence technology though this fact is well hidden by the aluminium industry.

Alcoa Defense contracts have included the F35 joint strike fighter, the replacement for the F16 (manufactured with Lockheed Martin and used by the Israeli army in Gaza), parts for the F22 Fighter , as well as M1 Abrams tanks, BAE Systems' and M777 Howitzer artillery BAE Systems amongst others.

Environmental credibility

Alcoa's front page contains a large banner naming itself 'Eco-Alcoa' and makes much of its sustainability and human rights credentials. However according to Krater and Rose;

Alcoa has been convicted numerous times for toxic waste dumping in the US, old-growth and rainforest destruction and displacement of indigenous people in countries such as Brazil, Suriname and Australia. Alcoa has lost popularity in Iceland for its intimate association with the US military, which is categorically denied by Alcoa Iceland (although it has a website dedicated to it’s military products). In Honduras, an Alcoa car parts factory was accused of treating workers worse than sweatshops. The basic pay of 74 cents an hour covered 37% of an average family’s most essential needs, and in the last three years, wages fell by 13%. Workers would be forced to urinate and defecate in their clothes after being repeatedly denied to use the bathroom and women would have to take off clothes to prove they were menstruating. Protests by workers in 2007 led to 90% of the trade union leaders being fired.

People

• Alain Belda had a 40 year career with Alcoa; elected a vice president in 1982, executive vice president in 1994, vice chairman in 1995, and president and chief operating officer in 1997. In 2001 he became chairman and chief executive officer, and left in 2008. In 2006 he was paid $298,687.00.

• Klaus Kleinfeld Chairman and CEO. (previously Siemens and Bayer)
• Arthur Collins Jr. (previously CEO of Medtronic- pharma company)
• Kathryn Fuller (previously of WWF)
• Carlos Ghosn (Nissan and Renault car manufacturers)
• Joseph Gorman (CEO of Moxahela Enterprises- venture capital)
• Judith Gueron
• Michael Morris (CEO of American Electric Power Company)
• Stanley O'Neal (Merrill Lynch)
• James Owens (CEO of Caterpillar)
• Patricia Russo (General Motors, Merck & Co, and Alcatel Lucent)
• Ratan Tata (CEO of Tata Sons of the Tata Group of companies. 'He also serves on the UK Prime Minister’s Business Council for Britain and the international advisory boards of the Mitsubishi Corporation, the American International Group, JP Morgan Chase and RollsRoyce'
• Ernesto Zedillo (Citigroup and Proctor and Gamble)