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March 14, 2011

Alcoa Foundation and the Pew Center on Global Climate Change Launch School-based Carbon Footprint Challenge

More than 8,000 students to participate in the Make an Impact: Change Our 2morrow (CO2) challenge with chance to win $5,000 grant

NEW YORK--(BUSINESS WIRE)--Alcoa Foundation and the Pew Center on Global Climate Change today announced an exciting new education partnership to teach students how their daily actions can reduce harmful emissions and improve the environment.

Set to run from March 14 to April 11, Make an Impact: Change Our 2morrow (CO2) is an educational energy conservation challenge among 8,000 students at 15 schools near Alcoa (NYSE:AA) locations in Cleveland, OH; Hampton, VA; Knoxville, TN; and LaPorte and Warrick, IN.

The challenge builds on the successful Make an Impact program that has engaged nearly 14,000 Alcoa employees at 18 Alcoa locations across the US, resulting in more than 4.6 million pounds of carbon savings and $3.7 million in energy savings. Alcoa isn’t the only corporation involved. Both Bank of America and Entergy have realized an estimated 5 million pounds of carbon savings each from rolling out Make an Impact, proving the value of the program for a wide range of organizations.

“Even small changes in our daily lives can lead to significant improvements for the environment,” said Paula Davis, President, Alcoa Foundation. “Through Make an Impact: Change Our 2morrow, we want to educate young people about the potential they have to make a difference and inspire them to become green ambassadors in their communities - at school, at play and at home.”

The winning schools are determined based on the highest number of carbon calculator completions, and will receive a $5,000 grand prize grant or one of five $1,000 runner-up grants, earmarked for ‘green initiatives,’ from Alcoa Foundation. The winners will be announced on Earth Day, April 22.

“Knowing the impact of your energy choices is an important first step to change,” said Katie Mandes, Pew Center Vice President of Communications and Director of the Make an Impact program. “We hope this challenge will motivate young people and the entire community to learn how easy it can be to make a difference.”

The Make an Impact: CO2 challenge is part of a new $7 million Alcoa Foundation investment to address regional environmental challenges, improve energy efficiency and enhance global reforestation projects. The investment is aligned with Alcoa Foundation’s sustainability focus: ‘Reduce, Recycle, Replenish,’ and will engage employees and communities where Alcoa operates.

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. More information can be found at www.alcoa.com/foundation.

ABOUT THE PEW CENTER ON GLOBAL CLIMATE CHANGE

The Pew Center on Global Climate Change was established in May 1998 as a non-profit, non-partisan, and independent organization dedicated to providing credible information, straight answers, and innovative solutions in the effort to address global climate change. The Pew Center is led by Eileen Claussen, the former U.S. Assistant Secretary of State for Oceans and International Environmental and Scientific Affairs. More information can be found at www.pewclimate.org.

ABOUT MAKE AN IMPACT

The Make an Impact program, developed by the Pew Center on Global Climate Change in partnership with Alcoa Foundation, helps Alcoa employees, their families and surrounding communities reduce energy use, manage their carbon footprint and become an active part of the solution to climate change. The program features:

A custom-built carbon calculator with individual carbon footprint analysis.
A dynamic website with tips, tools and resources on how to reduce energy bills and live more sustainably.
A comprehensive outreach program of educational workshops and hands-on activities to support local action.

The Make an Impact: Change Our 2morrow (CO2) program promotes energy efficiency through a fun and engaging online competition, which features educational resources about energy conservation and an interactive carbon calculator. To find out more about Make an Impact, how your company or organization can sign on or to measure your own carbon footprint, visit www.alcoa.com/makeanimpact.