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The Alcan Sustainability Report 2005
includes performance data from calendar year 2004 and
references to certain key initiatives in early 2005.
Due to the spin-off of the majority of Alcan's rolled
products assets into a new company, Novelis, as of January
2005, this report includes discussion and examples from
Alcan's current business groups: Bauxite
and Alumina, Primary
Metal, Engineered
Products and Packaging.
With the integration of Pechiney in 2004, all
examples and data from former Pechiney operations are
included in 2004 data and referred to as part of Alcan Inc.
The performance data reflects Alcan Inc. operations
worldwide, except where noted. For a detailed overview
of Alcan's geographic and market presence, please refer
to Alcan Facts 2005.
Where required, notations on various charts and graphs
have been added to explain trend shifts as a result
of the Pechiney acquisition. In the case of joint ventures,
the performance data is adjusted to reflect Alcan's
level of participation in the venture. The manner in
which it is adjusted is noted in the data, as there
is variation in the methods that are used. Any restatements
to data reported in previous years are discussed in
notes to data charts. All financial data is reported
in US dollars unless specified otherwise with local
currency indicated. All references to tonnes are in
measurements of metric tonnes.
This report follows the guidelines set out by the Global
Reporting Initiative (GRI), to the extent that we have
felt it possible to do so. All information in this report
has been reviewed at senior levels and by the relevant
functional specialists. Alcan undertakes a variety of
audit and assurance activities on data and information
that is used in this report, including financial, environment,
health and safety (EHS) performance, management system
and compliance audits. Both internal and external parties
conduct and/or participate in these activities. When
using internal personnel, independence is achieved by
including participants from other businesses in the
company, providing a degree of separation of interest.
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Our interpretation
of sustainability consists of a three-pronged,
simultaneous approach:
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Think broadly about
issues and impacts
By analyzing our social, economic, and environmental
impacts and the wide range of issues that
are important to our stakeholders, we can
open our Company to new opportunities
and make choices that optimize the value
created for Alcan and society. |
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Engage and partner
Engaging an increasingly diverse range of
stakeholders in traditional and innovative
ways will provide valuable insight into business
opportunities and risks. Developing partnerships
with a variety of stakeholders will provide
more effective approaches to addressing issues
of mutual importance. |
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Make connections across
our business, and integrate sustainability
into our business
Examining the points of leverage in our business
processes and incorporating a sustainability
perspective help to ensure that our decisions
and actions are consistent with our sustainability-driven
concept of value. |
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