October 6, 2011
Alcoa Main Partner in New Center for Sustainable Development in Montreal
Alcoa and Alcoa Foundation invest $3 million over five years to create information center on sustainability.
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that its Canadian Global Primary Products Operations has made one of the most substantial financial contributions in its history, a partnership agreement totaling $3 million over five years with the new Centre for Sustainable Development. The 6,000 square-meter, (65,000 square feet), five-story building, located in the heart of Montreal’s entertainment district and targeting Platinum LEED (Leadership in Energy and Environmental Design) certification, will house the offices of several social advocacy groups.
A portion of this contribution, coming from the Alcoa Foundation, has been earmarked for an information center that will be open to the public. The center will accompany its visitors in their journey to discover the concrete actions each can take to help resolve major environmental issues. In addition to the obvious link with the activities of the building’s tenants, this comprehensive information center will offer materials on recycling and energy efficiency programs, as well as on renovation assistance programs, eco-friendly horticulture, environmental regulations, educational initiatives and awareness/mobilization.
Aluminum at the Centre
As is the case for virtually every modern building, aluminum was one of the construction materials used to create the Centre, both improving its overall environmental performance and allowing it to accumulate LEED certification points.
A “sustainable” partnership”
“The partnership between Alcoa and the Centre for Sustainable Development opens up new and rewarding prospects,” said Pierre Morin, President of Alcoa Canada Global Primary Products. “We are thrilled to contribute to the fulfillment and success of this innovative and crucial sustainability-driven initiative.”
Alcoa: sustainable action
In Quebec, Alcoa Canada Global Primary Products (GPP Canada) is comprised of the Bécancour (ABI), Baie-Comeau and Deschambault smelters, as well as the Bécancour Rod Plant. These four plants have an annual production capacity of almost one million metric tons of ingots, castings, billets and aluminum rods. In Quebec, Alcoa employs roughly 3,400 people and its activities generate over $1.2 billion in economic spin-offs annually. Further information is available at www.alcoa.com/canada.
About Alcoa Foundation
Alcoa Foundation is one of the largest corporate foundations in the U.S., with assets of approximately US$436 million. Founded more than 50 years ago, Alcoa Foundation has invested more than US$530 million since 1952. In 2010, Alcoa Foundation contributed nearly US$20 million to nonprofit organizations throughout the world, focusing on promoting environmental stewardship, enabling economic and social sustainability, and preparing tomorrow's leaders through education and learning. The work of Alcoa Foundation is further enhanced by Alcoa's thousands of employee volunteers, who in 2010 gave more than 720,000 service hours. Through the company's signature Month of Service (October) program, Alcoa employees share their energy, passion and purpose to make a difference in our communities. In 2010, a record 49 percent of Alcoans took part in nearly 1,000 Month of Service events across 24 countries, reaching 59,000 children, serving 17,000 meals, planting 16,000 trees and supporting 3,000 nonprofit organizations. For more information about Alcoa Foundation, please access www.alcoa.com/foundation.