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The Alcan Prize for Sustainability is a US$1 million Prize that recognizes organizations demonstrating a comprehensive approach to addressing, achieving and further advancing economic, environmental and/or social sustainability.

The Alcan Prize for Sustainability is one of the world’s most significant, privately funded Prizes. One Prize is awarded annually.

Additionally, Grants valued at US$15,000 are awarded to the remaining nine shortlisted organizations, with the specific intention of investing in certifiable training and capacity building for the organization.

To ensure the credibility and integrity of the Prize, Rio Tinto Alcan partners with The Prince of Wales International Business Leaders Forum (IBLF) to develop, facilitate and manage the program.

Prize and Grant recipients are selected by an independent, high-level international panel of distinguished Adjudicators, who consider both past performance as well as evaluating how organizations will continue to contribute to and impact on sustainability through their ongoing activities.

Rio Tinto Alcan’s commitment to the Prize is for an initial nine-year period. The inaugural Prize was awarded in 2004.