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Alcan attains AAA rating for its Environmental, Social and Governance Practices

Monday, Oct 15, 2007
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Alcan has been rated the top metals and mining company in a recently released report by Innovest Strategic Value Advisors. The report analyzed the environmental, social and governance practices and performance of the world's 57 largest mining and metals companies (based on market capitalization) and ranked Alcan first with an AAA rating for 2007. The report draws on the findings of Innovest's global review of the industry and its companies, based on the key pillars of strategic governance, human capital, stakeholder capital and environmental performance. The report assigns Innovest's Intangible Value Assessment (IVA) ratings on all companies using its seven tier rating scale ranging from AAA (highest) to CCC (lowest). "At Alcan, two of our highest priorities are the health and safety of our employees and the stewardship of our environment and the communities in which we operate. To be ranked first out of the major metals and mining companies worldwide for our governance and environmental efforts is an important recognition of the Company's commitment to long-term sustainable, profitable growth," said Mr. Evans.

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