Making a difference around the world.

Across the globe, Alcoa is engaging our employees, retirees, families, friends, nonprofit partners, community leaders and civic organizations to make big changes in the communities where we live and work — all adding up to a world of good. Explore the map to learn their individual stories.

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Alcoa took the A Billion + Change pledge to mobilize employees around pro bono and skills-based volunteering.
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More than 12,200 Alcoans participated in 730 ACTION events totaling 50,000 hours of service.
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More than 2,500 employees participated in Alcoans in Motion events, earning more than $200,000 for nonprofits.
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More than 1,900 organizations received Bravo! grants totaling $1.75 million.
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Défi on Recycle Challenge engages SMEs in Canada
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Alcoa employees research environmental issues of global concern.
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Alcoa employees recycled more than 45,000 pounds of electronics, preventing toxic materials from entering landfills.
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Bicycle Safety Improves through German Kreisverkehrswacht Aichach-Friedberg Outreach
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A record 60 percent of Alcoa employees took part in more than 1,050 events, benefiting more than 450,000 people.
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Alcoa retirees are still an important part to our legacy of community service.
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$4.5 million to STEM and Workforce Development initiatives, 200,000 students reached
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Celebrating environmental education with The Keystone Center
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Jamaica and Trees That Feed Foundation deliver 3,000 breadfruit trees
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Alcoa Foundation continues its strong commitment to veterans, supporting their transition into the civilian workforce.
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40 Young Mothers Gain Vocational Training in Suriname
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In 2012, Alcoa took the A Billion + Change pledge to mobilize billions of dollars of pro bono and skills-based service, and pledged 100,000 hours of skills-based volunteerism, which was exceeded by 22 percent.
  • Sarah Fordham, National Partnerships Manager, assisted a nonprofit organizationLeadership Western Australiaby developing its marketing and communications strategy.
  • The Alcoa Legal Department based in Pittsburgh, PA is a founding member of the Pittsburgh Pro Bono Partnership. The department also convened a walk-in legal clinic team that addresses matters from landlord-tenant and consumer credit disputes to government benefits concerns.
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ACTION is a “dollars for doers” program that promotes teamwork and community service. In 2012, more than 12,200 Alcoans across 21 countries participated in 730 ACTION events totaling 50,000 hours of service. Alcoa awarded over $1.75 million in ACTION grants to nonprofit organizations. In China, more than 20 employees of the Alcoa Bohai plant participated in landscape beautification efforts at The Great Wall with 200 family members and community participants.
“The Great Wall is a treasure of China, left to us by our venerable old generation. The wall is in need of proper maintenance and cleaning, and through our work, we can make a small but important contribution.”
– Liya Yi, Communications Manager, Alcoa
Alcoa Bohai partnered with local NGOs to maintain the Great Wall by beautifying its surrounding areas.
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Alcoans in Motion
Alcoa employees around the world who engage in physical activities for charities like marathons, bike races and athletic tournaments can earn Alcoans in Motion (AIM) grants. In its inaugural year, more than 2,500 employees participated in over 85 team events, earning more than $200,000 for nonprofits. Seven U.S. Alcoa plants participated in local Relay for Life events in 2012. Due to its enthusiastic reception, AIM is expected to grow substantially in 2013.
“Relay for Life [a charity for people affected by cancer] has always been important to me, and I’ve gotten lots of support from my coworkers. This year, with AIM, we doubled our impact by donating funds as well as participating in the event.”
– Carl Ratcliff, Maintenance Planner, Alcoa has been organizing the event for more than 15 years
Alcoa Howmet Exeter employees, their friends and family participated in a marathon to support Cancer Research UK.
Domingos Campos, from Alcoa Brazil, is looking for a strike as he bowls for charity.
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Bravo! is Alcoa’s largest signature engagement program, awarding grants to nonprofits where individual Alcoa employees volunteer 50 hours or more a year. In 2012, Bravo! comprised 65 percent of Alcoa volunteer hours with 525,000 hours performed by 7,000 employees. Over 1,900 organizations received grants from Alcoa Foundation totaling $1.75 million. To celebrate Bravo!’s 10th anniversary, all employees were eligible to receive up to three grants and one Alcoan was selected each month to receive an additional $1,000 grant for his or her charity.
“For over 25 years, I have volunteered with the Complete Life Social Foundation, a summer camp for children with disabilities. This experience has determined my way of thinking and gives me strength.”
– Jozsef Deli, Alcoa-Kofem
Mikhail Ermakov from Samara, Russia volunteers his time and talents at the Matvei Platov’s Cadets School.
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Défi on Recycle
The Bécancour Chamber of Commerce partnered with Alcoa Foundation to launch Défi on Recycle (Recycling Challenge) after small and medium sized businesses requested more resources, information and training on sustainability. The campaign reached 150 businesses and impacted more than 3,000 employees and local citizens. At the end of 2012, 33 percent of the businesses received the certification for properly managing 80 percent of their generated waste. Bécancour Aluminum Smelter (ABI) received the highest certification a few years ago.
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The Earthwatch Institute program sends groups of Alcoa employees to Brazil, Canada or China for a week-long expedition to research environmental issues. Upon return, the Fellows apply the learnings to their home or work environment. Sue English in Australia led a beach clean-up with 13 co-workers, and to recognize the volunteer service, Alcoa provided a grant to the Dolphin Discovery Center, where students learned about the importance of protecting shorelines and marine habitats.
“I was excited about traveling to Brazil, contributing to the program and bringing my knowledge back. Being in this new environment with collegues from around the world, has made me more determined to educate people at home.”
– Luc Boursassa, Human Resources, Communications and ABS Manager, Alcoa Baie-Comeau, Canada
Recording data to help scientists to evaluate the habitat quality and forest dynamics.
Trekking through Brazil’s Atlantic Forest while on a week-long Earthwatch expedition.
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During Green Works, a global program empowering Alcoa employees to volunteer to reduce their carbon footprint, recycle to save energy and plant trees to replenish the environment, Alcoa employees recycled more than 45,000 pounds of electronics, preventing toxic materials from entering landfills. In celebration of Earth Day, Alcoa Intalco Works in Washington held its annual electronics recycling drive, collecting nearly 15,000 pounds of discarded gadgets and consumer electronics for Electronics Recyclers International, Inc.
Alcoa Intalco Works employees collected and recycled more than 15,000 pounds of electronics.
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Kreisverkehrswacht Aichach-Friedberg
At a traffic school in Germany, more than 600 adults and youth learned how to assess specific traffic situations and take actions to avoid bicycle accidents. Youth were taught on a course with life-like traffic signals and road conditions to enable them to handle real situations with confidence. Through the community workshops and training, traffic accidents involving bicycles will decrease by 25 percent.
“The pupils who already used this modern and brand new training course were extremely enthusiastic as it is equipped with real traffic signals, helping to decrease bicycle accidents in the region. The program is a real asset to our community.”
– Kurt Beck, Chairman, Kreisverkehrswacht Aichach-Friedberg
Children practiced bicycle safety on a customized track with life-like situations.
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During then seventh annual Month of Service, nearly 2,500 employees in Australia weeded wetlands, painted fences, built sensory gardens, served meals to those in need, and brightened the lives of the underserved citizens. Alcoa of Australia also pledged 10,000 volunteer hours to Volunteering WA’s inaugural Give 1 Project, a campaign challenging Western Australian businesses to strengthen their volunteering programs. 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.
Kwinana refinery employees have a little fun after volunteering at Point Walter Reserve in Western Australia.
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Retirees
Alcoa retirees are an important part of Alcoa and our legacy of community service. Our ertirees earned nine ACTION team grants in six U.S. states for great organizations including Meals on Wheels, Habitat for Humanity and schools and food branks. Bravo! grants, recognizing individual volunteer efforts, were awarded to more than 40 nonprofit organizations in 12 states. Recipients of the $250 grants included senior centers, civic groups, museums, libraries, food banks, and animal rescue organizations.
“I organized a “Dragon out the Retirees” event in Goose Creek, South Carolina, where five retirees painted a playground for children at Devon Forest Elementary School. Volunteering for an ACTION grant was an obvious choice for me. We all enjoyed a personal sense of acheivement and comraderie.”
– Ed Elder, Alcoa retiree
Alcoa Mt. Holly retiree Leard Montgomery volunteers alongside employees during the United Way Day of Caring in South Carolina.
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Science, Technology, Engineering, and Math (STEM)
STEM skills remain in high demand around the world, particularly for manufacturing companies like Alcoa. To prepare the next generation, in 2012, we worked with organizations including FIRST Tech Challenge and Institute of International Education Technical Education Program to engage students in hands-on activities. In 2012, we dedicated $4.5 million towards STEM and Workforce Development initiatives that reached 200,000 students and teachers.
Through hand-on training, students in France learned about manufacturing careers and make products for local customers.
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For 15 years Alcoa Foundation has partnered with The Keystone Center, funding expeditions for educators where they learn innovative techniques to build sustainability and real world issues into science curriculums. In 2012, 30 educators from Alcoa communities in nine states across the U.S. and Quebec, Canada attended the Key Issues Institute in Silverthorne, Colorado.
“The Key Issues Institute was an outstanding opportunity for me to grow as a classroom teacher, while also providing the tools needed to share my growth with my students. The curriculum and networking with teachers provided to me by the sponsorship of the Alcoa Foundation was a gift of a lifetime for me as an educator.”
– Tim Courtney, Science Teacher, Castle South Middle School, Indiana
Hillary Fleenor analyzed the chemical characteristics of French Creek.
Teachers participating in the Key Issues Institute determined the pH of water in French Creek.
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Jamalco supported Trees That Feed Foundation, helping to deliver 3,000 trees to individuals, farmers, cooperatives, schools in Jamaica. Trees That Feed Foundation purchased trees from local nurseries and then trained the community on tree care, harvesting and processing of the breadfruit. The long-term impact is sustainable food supply, as one breadfruit tree supplements the diet of a family of four for decades. More than 12,000 people continue to benefit from improved economic circumstances.
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Veterans
Alcoa Foundation continues its strong commitment to veterans, supporting their transition into the civilian workforce, as well as working with partners to provide assistance for their families. In 2012, we awarded more than $300,000 to organizations across the U.S. to provide career coaching and mentoring. Alcoa and Alcoa Foundation also joined the "Get Skills to Work" coalition, together with GE, Boeing and Lockheed Martin, managed by the Manufacturing Institute.
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Voor Gemeenschapsontwikkeling en Verzelfstandiging
In Suriname, Stichting Voor Gemeenschapsontwikkeling en Verzelfstandiging (VGOV), trained 40 young mothers (ages 15-34) that dropped out of school due to social economic hardships. They were trained for careers in tourism, nursing, education, finance (administrative), sustainable forestry, craft, or hospitality. With these industries offering job security and steady incomes, the mothers are able to provide a better quality of life for their families.
“This program gave me the opportunity to develop new skills. I will be able to earn a better wage and I can even spend more time with my three children so they can achieve more than I did.”
– Vanessa Pina, student
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A LETTER FROM THE CEO

Six decades ago, Alcoa’s leaders established and endowed Alcoa Foundation to extend our company’s values to the communities where we operate around the world. Long before “sustainability” or “corporate social responsibility” became business terms, Alcoans understood the importance for Alcoa to earn a social license to operate. Without the trust, dialogue and collaboration of successful public-private partnerships, Alcoa would not be the thriving global company we are today.

Today we are engaged with our communities and contributing to society like never before. Alcoa Foundation has created robust partnerships that improve the environment and educate and prepare individuals for careers in science, technology, engineering, math (STEM) and manufacturing. Going far beyond dollars, we strengthen nonprofits and communities by contributing our time, expertise and products. In 2012, I am proud that Alcoa:

  • contributed $21.5 million to more than 3,000 nonprofits around the world;
  • engaged an astounding 60 percent of our employees in our worldwide Month of Service;
  • supported 12,000 Alcoans in group volunteering events that they organized for smaller, community-based organizations;
  • directed over $9 million towards environmental programs that recycled millions of pounds of aluminum, greened communities with a million trees, and taught individuals to reduce their environmental footprint by using less water and energy; and
  • dedicated $4.5 million towards STEM and Workforce Development initiatives that reached 200,000 students and teachers.

Even with all of this progress, we know that that there is still much to be done. Alcoa Foundation, together with our employees and nonprofit partners, is ready to take on the next environmental and educational challenges faced by our communities. We remain committed to plant 10 million trees, to increase recycling rates and to help prepare the young men and women who will be next generation of leaders and manufacturers. Alcoa has thrived for 125 years while fulfilling our commitments to society; we intend to build on that success by helping to shape the future of our communities. It’s part of the Alcoa DNA and it’s the driving force of our company’s vision – Alcoa: Advancing Each Generation.
Klaus Kleinfeld
Klaus Kleinfeld, Chairman of the Board and CEO, Alcoa

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A LETTER FROM OUR PRESIDENT

If someone asked me to express Alcoa’s vision – advancing each generation – with a picture, I think this photo would be a strong contender. Taken by Claudia Mifano, it conveys how Alcoa Foundation engages our partners and employees to improve the environment and educate tomorrow’s leaders for independence and success. As Klaus Kleinfeld mentions in his letter, 2012 marked a very special occasion for Alcoa Foundation: we celebrated our 60th anniversary.

We have invested $570 million since the Foundation opened its doors and expanded how we think about philanthropy to evolve with the needs of the communities we serve. A few examples of how we’ve strengthened the way we operate:

  • We leverage all of our resources – financial contributions, products , assets, people and networks;
  • We’ve narrowed our focus to make a bigger impact in the areas where we believe we can make a difference with our resources – environment and education;
  • We think in terms of building relationships, not making transactions, to add sustainable value to our partners and stakeholders;
  • We clearly define success and measure the impacts of every investment we make.

In the following pages, we let the words and images of our people and partners bring to life how we are executing on these fundamentals. From planting breadfruit trees in Jamaica to recycling aluminum on U.S. university campuses to teaching students about science in Russia, we hope you will see a common thread that does not change with the times: our passion for giving back and making a difference. Wherever you look around the world, Alcoans are eager to apply to their communities the same enthusiasm they have for their work – whether it’s during Month of Service, Green Works environmental weeks, or Alcoa “dollars for doers” programs like ACTION, Bravo! and Alcoans in Motion.

Albert Einstein once said, “The best way to predict the future is to invent it.” Alcoa Foundation, along with Alcoa’s 60,000 employees and our many partners around the world will build upon our accomplishments of the last six decades to continue our pursuit of a healthier environment and stronger communities. We can picture it!

Regards,

Paula Davis

Paula Davis, President, Alcoa Foundation

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ENDOWMENT INVESTING STRATEGY
Alcoa Foundation’s assets are considered to be a perpetual pool of capital. The objective of the investment strategy is to preserve the real (inflation-adjusted) value of the assets to maintain the real value of its program spending over the long term to support the goal of contributing 5 percent of the value of its assets each year. The Alcoa Foundation’s assets were $460 million at year-end 2012.

The portfolio's investment strategy has been revised over the last few years to reduce and diversify the investment risk taken to achieve our long-term objective via increasing both asset class and risk factor diversification. The strategy revisions are expected to increase the probability of achieving our long-term investment objectives while reducing the risk of experiencing large short term portfolio draw downs. Specifically, we meaningfully reduced the allocation to public equities and increased the allocation to macro and equity long/short hedge fund strategies, US inflation protected securities and long duration US Treasury securities.

The revised investment strategy helped us to generate a strong 2012 investment return of 9.7% which outperformed our internal performance benchmark by 0.8%. We generated strong returns across all asset classes. Over the past two years, the investment strategy changes have enhanced our investment return by 2.7% which preserved $14 million of the Foundation's total corpus.

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