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Alcan Announces $1 Million Prize to Promote Sustainability Nonprofits

At the recent 2004 annual meeting of the World Economic Forum in Davos, Alcan announced the creation of a $1 million annual prize to recognize outstanding contributions from the not-for-profit sector to the goal of sustainability.

At the recent 2004 annual meeting of the World Economic Forum in Davos, Alcan announced the creation of a $1 million annual prize to recognize outstanding contributions from the not-for-profit sector to the goal of sustainability.

The Alcan Prize for Sustainability will be managed by the U.K.-based International Business Leaders Forum and awarded by a distinguished panel of international judges, selected for their accomplishments and expertise in promoting sustainability principles and practices. José-Maria Figueres, co-CEO of the World Economic Forum, former president of Costa Rica, has agreed to chair the 2004 adjudication panel.

The prize is open to all not-for-profit, nongovernmental, and civil society organizations that have made and continue to make significant contributions that integrate economic, environmental, and social sustainability for the benefit of present and future generations. In addition to the $1 million to be awarded to a single organization, the adjudication panel will have the discretion to award Alcan Bursaries, on the basis of merit, to organizations selected as finalists by the judges. The bursaries are to promote capacity building by allowing a senior member of the recipient organization to attend the University of Cambridge Program for Industry in England and earn a Post Graduate Certificate in Cross Sector Partnership.

"Alcan is proud to be recognized as one of the world's leaders in promoting sustainability as a business management concept," said Travis Engen, president and CEO of Alcan Inc. "We firmly believe that our success as a global company is directly linked to our actions both inside and outside our operations."

Adjudication panel chair, José-Maria Figueres said, "A key reason I agreed to chair the first Alcan Prize for Sustainability panel is my strong belief in the importance of creating linkages between the different actors, often in different sectors, who are working on various areas of sustainable development. This prize links two key actors who are instrumental in creating successful sustainable development: business and not-for-profit organizations.”

Robert Davies, CEO of the International Business Leaders Forum, which will manage the day-to-day administration of the Alcan Prize program, said, "The Alcan Prize for Sustainability helps strengthen and support the vital partnership work of not-for-profit and nongovernmental organizations, in particular those who are working to further sustainable development."

Call for entries for the Alcan Prize for Sustainability will go out immediately. A short list of finalists will be announced in June and the winner of the first annual prize is expected to be named in January 2005.

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