March 17, 2011

Alcoa Responds to Japanese Disaster

Alcoa’s thoughts and prayers are with all those in Japan who have been impacted by the destruction and despair caused by the earthquake and tsunami.

 

To support the ongoing humanitarian assistance activities of the Japanese Red Cross, Alcoa Foundation designated a $50,000 grant to the American Red Cross Alcoa, and Alcoa created a custom portal with the Red Cross where Alcoa employees can donate to the relief effort.   The Japanese Red Cross is providing medical assistance, distributing relief supplies, and reconnecting families.
 
“We see the grant and the employee donations as a way for Alcoans and Alcoa to provide timely assistance,” said Klaus Kleinfeld, Alcoa Chairman and CEO.  “Along with our leadership in Japan, we’ll be monitoring the situation and priorities for additional assistance.”
 
Alcoa has 345 employees in Japan.   Alcoa’s facilities in Japan were not near the affected areas.
 
About Alcoa Foundation
Alcoa Foundation is one of the largest corporate foundations in the U.S., with assets of approximately US $420 million. In addition to addressing local needs in communities where Alcoa operates, Alcoa Foundation is focused on promoting environmental stewardship, enabling economic and social sustainability, and preparing tomorrow's leaders through education and learning. Alcoa Foundation was founded more than 50 years ago and has invested more than US $515 million since 1952. Alcoa employees share their energy, passion and purpose to make a difference in our communities through the Alcoa Volunteers Program, which last year recorded 650,000 hours of service to 9,000 charitable organizations. Their time was matched with US $4 million in Alcoa volunteer grants. More information can be found at www.alcoa.com/foundation.
 
About Alcoa
Alcoa is the world’s leading producer of primary and fabricated aluminum, as well as the world’s largest miner of bauxite and refiner of alumina. In addition to inventing the modern-day aluminum industry, Alcoa innovation has been behind major milestones in the aerospace, automotive, packaging, building and construction, commercial transportation, consumer electronics and industrial markets over the past 120 years. Among the solutions Alcoa markets are flat-rolled products, hard alloy extrusions, and forgings, as well as Alcoa® wheels, fastening systems, precision and investment castings, and building systems in addition to its expertise in other light metals such as titanium and nickel-based super alloys. Sustainability is an integral part of Alcoa’s operating practices and the product design and engineering it provides to customers. Alcoa has been a member of the Dow Jones Sustainability Index for nine consecutive years and approximately 75 percent of all of the aluminum ever produced since 1888 is still in active use today. Alcoa employs approximately 59,000 people in 31 countries across the world. More information can be found at www.alcoa.com.