March 13, 2013
Alcoa and Alcoa Foundation announce annual 2012 donations totaling more than $40 million
In Brazil, the Alcoa Institute and Alcoa Foundation invested R$ 5.1 million in community projects and volunteer programs in locations where Alcoa operates
Alcoa and Alcoa Foundation announced more than US$ 40 million in combined donations in 2012 worldwide, compared with US$ 38 million in 2011. Employee volunteerism reached 800,000 hours and was worth US$ 29 million in contributions to institutions. In Brazil, the Alcoa Institute and Alcoa Foundation invested R$ 5.1 million in social programs and projects serving communities in the regions where Alcoa operates.
Alcoa Inc. contributed $18 million last year to support projects and partnerships with non-governmental and nonprofit organizations around the world. In addition, Alcoa Foundation directed $21.5 million in funding towards enhancing the environment, educating tomorrow's workforce for careers in advanced manufacturing and engineering, and strengthening communities where Alcoa operates around the world.
“Recognizing the changing demographics of the global workforce, in 2012, Alcoa Foundation began to focus more on targeted programs that reach diverse populations, particularly in Science, Technology, Engineering and Math (STEM) education and workforce development in manufacturing”, said Paula Davis, President, Alcoa Foundation and Vice President, Alcoa Inc.
Record employee volunteerism
In 2012, Alcoa achieved record employee-community engagement. In total, Alcoa’s global workforce volunteered more than 800,000 hours, 15% of which was skills-based, and the equivalent of 385 people working full-time for a year.
About Alcoa Foundation
Alcoa Foundation is one of the largest corporate foundations in the U.S., with assets of approximately US$460 million. Founded 60 years ago, Alcoa Foundation has invested more than US$570 million since 1952. In 2012, Alcoa Foundation contributed more than US$21 million to nonprofit organizations throughout the world, building innovative partnerships to improve the environment and educate tomorrow’s leaders for careers in manufacturing and engineering.
The work of Alcoa Foundation is further enhanced by Alcoa’s thousands of employee volunteers who share their talents and time to make a difference in the communities where Alcoa operates. Through the Company’s signature Month of Service program, in 2012, a record 60 percent of Alcoa employees took part in more than 1,050 events across 24 countries, benefiting more than 450,000 people and 2,050 nonprofit organizations. For more information, visit www.alcoafoundation.com and follow @AlcoaFoundation on Twitter.
About the Alcoa Institute
Established in 1990, the mission of the Alcoa Institute is to generate a legacy of sustainability in the communities in which Alcoa operates, through strategic and articulated projects that value and strengthen their potential. The Institute works with programs and actions that encourage corporate voluntary work, among which are ACTION, BRAVO!, Green Works, World Community Services Month program, the Program for Supporting Local Projects and its signature program, known as the ECOA (Community Environmental Education) Program, in partnership with CIEDS [Integrated Center for Sustainable Development Studies and Programs]. The areas considered to be a priority for actions or community projects are education, health, the environment, safety, governance, work and income. Since 1995, the Alcoa Institute, along with the Alcoa Foundation, has invested around R$ 100 million in more than 1,900 projects, which have benefited 39 Brazilian cities and involved more than 1.4 million hours of voluntary work.
Alcoa Alumínio S.A. is a subsidiary of Alcoa Inc. which is the world’s leading producer of primary aluminum and fabricated aluminum, as well as the world’s largest miner of bauxite and refiner of alumina. The company employs approximately 61,000 people in 31 countries and for the eleventh consecutive year the company is a member of the Dow Jones Sustainability Index. Alcoa has been in Latin America and the Caribbean since the end of the 50’s where it has operations in Brazil, Jamaica and Suriname and about 7,000 employees. This year, the company completes 125 years of operations in the world.
In Brazil the company operates in the whole of the aluminum production chain, from bauxite mining to the production of transformed products. Alcoa has six production units and three offices in the states of Maranhão, Minas Gerais, Pará, Pernambuco, Santa Catarina, São Paulo and the Federal District. The company also has shareholdings in four hydroelectric power stations: Machadinho and Barra Grande on the border of the states of Santa Catarina and Rio Grande do Sul; Serra do Facão in Goiás; and Estreito, between Maranhão and Tocantins. In 2011, Alcoa recorded revenues of R$ 2,5 billion in Brazil. In 2012 it was considered a benchmark in sustainability and was one of the year’s 21 model companies in the Guia EXAME de Sustentabilidade [EXAME Magazine’s Sustainability Guide]. Further information can be found at www.alcoa.com.br.