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July 29, 2009
Alcoa employees join forces and carry out a collective community effort in favor of children and adolescents
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VIII Alcoa Task Force will bring together some 50 members from the Company’s offices in São Paulo and the community to paint, garden and carry out repairs to the installations of a charitable entity
On 1 August, between 8 a.m. and 5 p.m. some 50 volunteers will take part in the VIII Alcoa Task Force in the Ação Social Largo 13, a charitable entity that helps children, adolescents and the elderly in Santo Amaro, in the south of the city of Sao Paulo. Company and community representatives will roll up their sleeves and paint and repair the installations and tidy up the gardens of the institution that is located close to the São Paulo Business Center, where one of Alcoa’s offices is situated.
“Just as we do every year we’ve mobilized our employees for this important act of citizenship. We want community representatives to take part in the activity and feel even prouder of the results achieved during the eventâ€, says Suzana Sheffield, Vice President of the Alcoa Institute. “We believe that in this way we are encouraging voluntary work and contributing to a better future for these children and young peopleâ€.
“The type of work the volunteers will carry out here will help make the place where we are more human and improve its quality. We’re certain that everybody that goes past here will see a more attractive and happier place and this will contribute towards building up the self-respect, hope and citizenship of these peopleâ€, says Maryulda Thereza Fernandes Santos, volunteer director of the entity.
With the aim of improving the living conditions in the communities where the Company operates, representatives from the Alcoa Institute approached the directors of the entity to discuss the possibility of forming a partnership in this community action. In addition to the volunteer labor force the Alcoa Institute will donate all the material necessary for painting and repairing the building and doing the gardening. These tasks also form part of the Action program, in which 10 Alcoa employees and their family members carry out a minimum of 4 hours volunteer work on a Saturday or Sunday. In addition to the work that is being done the Alcoa Foundation will donate the equivalent of US$ 3000 in reais to the institution.
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. During its history the Alcoa Foundation has proved to be a source of change and improvement in communities and some US$ 490 million have been invested since it was set up.
In 2008, worldwide donations from Alcoa and the Alcoa Foundation totaled more than US$ 50.6 million in 32 countries. Since 1995, the Foundation and the Alcoa Institute together have donated some R$ 90 million to more than 1800 social projects that have benefited 32 cities in Brazil; more than 1 million hours of volunteer work have been done.
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 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 serves to advance studies in the environmental area.
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 2008, Alcoa, the Alcoa Institute and the Alcoa Foundation, together, donated funds totaling R$ 10.2 million in one-off donations, community projects and volunteer programs. Since 1995 these donations have amounted to almost R$90 million for more than 1800 community projects and adding up to a massive 1 million hours of volunteer work. In 2008 alone more than 940,000 people living in 32 Brazilian municipalities benefited.
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 been named one of the top most sustainable corporations in the world at the World Economic Forum in Davos, Switzerland and has been a member of the Dow Jones Sustainability Index for seven consecutive years. More information can be found at www.alcoa.com.
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