Press Release: Alcan, Inc. Joins Pew Center's Business Environmental Leadership Council

Press Release
October 18, 2005

Pew Center Contact: Katie Mandes, (703) 516-0606
Alcan, Inc. Contact: Anik Michaud, (514) 848-8151

ALCAN, INC. JOINS PEW CENTER ON GLOBAL CLIMATE CHANGE
Global Leader Joins Effort for Market-Based Solutions

Arlington, VA. -The Pew Center on Global Climate Change announced today that Alcan, Inc. has joined their Business Environmental Leadership Council and their efforts to address global climate change. Alcan is a multinational aluminum and packaging company based in Canada.
Alcan is working to reduce greenhouse gas emissions in their own operations through their GHG emissions reduction program, TARGET. Established in 2001, the TARGET program initially set a reduction goal of 575,000 (absolute) tons of CO2e. At the end of 2004, Alcan had recorded actual reductions of 2.9 million tons of CO2e. Since setting its target and launching its program to reduce emissions, Alcan has consistently outperformed the S&P Index.
"The companies we work with at the Pew Center recognize that the reality of operating in a carbon-constrained world is fast-approaching. We can all benefit from leaders such as Alcan, and we are looking forward to working with and learning from them,"  said Eileen Claussen, President of the Pew Center on Global Climate Change.
Alcan has also been selected as one of two Canadian companies on the Carbon Disclosure Project (CDP) 2005 Climate Leadership Index. Comprised of only 60 companies worldwide, the Index is part of a CDP report that outlines the key features that make climate change a critical shareholder value issue for both investors and global corporations.
 
"By and large, leading companies are realizing the importance of climate change and its impact on the long-term sustainability of their businesses," said Travis Engen, President and Chief Executive Officer, Alcan Inc. "The Pew Center has been instrumental in bringing business leaders together with policymakers in order to ensure a sustainable future; we are pleased to be a member."
Alcan is a multinational, market-driven company and a global leader in aluminum and packaging. With world-class operations in primary aluminum, fabricated aluminum as well as flexible and specialty packaging, aerospace applications, bauxite mining and alumina processing, today's Alcan is well positioned to meet and exceed its customers' needs for innovative solutions and service. Alcan employs almost 70,000 people and has operating facilities in 55 countries and regions.
 
The Business Environmental Leadership Council was established by thePew Center in 1998. The group is comprised of mainly Fortune 500 companies representing a diverse group of industries including energy, automobiles, manufacturing, chemicals, pharmaceuticals, metals, mining, paper and forest products, consumer goods and appliances, telecommunications, and high technology. Individually and collectively, these companies are demonstrating that it is possible to take action to address climate change while maintaining competitive excellence, growth, and profitability. The companies together generate over $1.6 trillion in revenue and employ more than 3 million people.
 
The other members of the BELC are: ABB; Air Products and Chemicals; Alcoa; American Electric Power; Baxter International; Boeing; BP; California Portland Cement Co.; CH2M HILL; Cinergy Corp.; Cummins Inc.; Deutsche Telekom; DTE Energy; DuPont; Entergy; Exelon; GE; Georgia-Pacific; Hewlett-Packard Company; Holcim; IBM; Intel; Interface Inc.; John Hancock Financial Services; Lockheed Martin; Maytag; Novartis; Ontario Power Generation; PG&E Corporation; Rio Tinto; Rohm and Haas; Royal Dutch/Shell; SC Johnson; Sunoco; Toyota; TransAlta; United Technologies; Weyerhaeuser; Whirlpool; and Wisconsin Energy Corporation.

For more information about global climate change and the activities of the Pew Center and the BELC, visit www.c2es.org.
 
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The Pew Center was established in May 1998 by The Pew Charitable Trusts, one of the United States' largest philanthropies and an influential voice in efforts to improve the quality of the environment. The Pew Center is an independent, nonprofit, and non-partisan organization dedicated to providing credible information, straight answers, and innovative solutions in the effort to address global climate change. The Pew Center is led by Eileen Claussen, the former U.S. Assistant Secretary of State for Oceans and International Environmental and Scientific Affairs.