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April 25, 2008
Eighty nine entities from Pernambuco receive donations from Alcoa
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The Company is donating R$ 282,487.58 to 89 charitable entities in the region via its BRAVO! Program, which encourages and recognizes the voluntary work of its employees
This Monday, April 28, Alcoa will be delivering checks to 89 community promotion entities in Pernambuco. The donations, totaling R$ 282,487.58, form part of the BRAVO! Program, which encourages and recognizes the voluntary work of the Company’s employees. Among the entities that will receive donations are the Shekiná Educational Crèche and the Elosport Association.
The Shekiná Educational Crèche was founded in 2003 and is located in Olinda (PE). The entity deals with more than 60 children, developing educational and teaching activities and IT courses. According to Rita Telles, President of the entity, the amount donated by Alcoa will provide the children with a lot of benefits. “With these funds we intend to conclude building a canteen, which will add to the well-being of our children and make life more comfortable for them”, says Rita.
The Elosport Association, which is located in Paulista (PE), serves 150 children from communities in the city, encouraging them to practice sport and helping them enjoy their leisure. For José Alves, the association’s president, the funds being given to them by Alcoa are going to be fundamental when it comes to new projects. “We’re studying the possibility of buying a piece of land and building our own premises. In addition, we’re promoting the 2nd Elocopa Soccer Championship, which will be of benefit to hundreds of children and young people”, says José. Besides these two entities health centers, crèches, schools, sporting associations, homes, hospitals and residents’ associations in Pernambuco will also receive donations from the Alcoa Foundation and the Alcoa Institute.
Dedication in Pernambuco – In 2007 more than 650 employees (63%) from Alcoa in Itapissuma (PE) got involved with volunteer activities, which shows the commitment of the Company’s employees to those communities where the units are located. Last year, Company volunteers in the region notched up a total of 32,500 hours of dedication to the various entities.
The Bravo! Program, which was launched in 2002 in all of Alcoa’s units worldwide, gives the equivalent of US$ 250 to each entity in which an Alcoa employees does at least 50 hours voluntary work, outside normal working hours. Among the various units that are taking part in the program are Santo André (SP), Juruti (PA), Itajubá (MG), São Luis (MA) and São Paulo (SP).
The funds given by Alcoa to the third sector are directed, first and foremost, to entities and programs where employees are effectively involved. There is a double benefit in this scheme: the hours dedicated to voluntary work and the funds donated.
In Brazil Alcoa also has a program that is along the same lines, but is exclusively for trainees: BRAVO! BRASIL. Every trainee who completes 40 hours voluntary work for the same entity outside working hours receives a donation of R$275 for the entity from the Alcoa Institute.
About the Alcoa Institute
The main objective of the Alcoa Institute, which was set up in Brazil in 1990, is to improve the living conditions of the communities where the Company and its subsidiaries operate. Through its social programs and from the donations of Group companies, in addition to the additional resources coming from the Alcoa Foundation, the Institute finances projects that meet the real needs and wants of these communities. The activities are predominantly in the areas of education, health, the environment and social well-being. These actions by Alcoa have a strong ally in the commitment of the Company’s employees to volunteer activities.
In 2007, Alcoa, the Alcoa Institute and the Alcoa Foundation, together, donated funds totaling R$ 8.9 million to 155 community actions and projects that benefited around 1.6 million people.
Since 1995 nearly R$85 million have been donated to more than 1700 social projects, benefiting 25 cities and notching up more than 850,000 hours of voluntary work.
About the Alcoa Foundation
The aim of the Alcoa Foundation, whose headquarters are in the United States and which was founded in 1952, is to allocate funds to projects in the communities where the Company has units everywhere in the world. These fund injections are, as a priority, earmarked for programs in which there is an effective and voluntary participation on the part of Company employees and members of their families.
In 2007 donations from Alcoa and the Alcoa Foundation totaled more than US$ 49 million in 36 countries.
Among the highlights of the Alcoa Foundation’s donations are investments of U$ 8.6 million to the six-year Conservation and Sustainability Fellowship Program, aimed at research in the area of global conservation and sustainability through partnerships with renowned academic institutions and non-governmental organizations located on all the continents . The University of São Paulo (USP) is the Brazilian partner-institution in this project, which provides international recognition for researchers from the university and the advance of studies in the environmental area.
About Alcoa
Alcoa is the world leader in the production and management of primary aluminum, fabricated aluminum and alumina combined, through its active and growing participation in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components including flat-rolled products, hard alloy extrusions, and forgings, Alcoa also markets Alcoa® wheels, fastening systems, precision and investment castings, and building systems. The Company has 97,000 employees in 34 countries and has been named one of the top most sustainable corporations in the world at the World Economic Forum in Davos, Switzerland. More information can be found at www.alcoa.com
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