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July 12, 2011

Alcoa Employees Volunteer More Than 25,000 Hours to Green Communities Worldwide

NEW YORK--Alcoa Foundation today announced that in just two months Alcoa (NYSE: AA) employees contributed more than 25,000 hours of their time, the equivalent of three years, to volunteer in communities around the world. Community service projects took place during the Foundation’s Green Works initiative created to support environmental projects and celebrate eco-holidays like Earth Day, World Environment Day and Arbor Day.

Through more than 135 events across 20 countries, more than 35.6 million community members benefited from Alcoa employees sharing their time, talents and energy to help protect the Earth.

Highlights include:
  • More than 12,000 trees planted to support Alcoa’s Ten Million Trees campaign
  • 115 rivers, parks and recreation areas rehabilitated to improve the environment
  • More than 35,500 pounds of electronics recycled preventing toxic materials from entering landfills
  • 1,060 recycling bins distributed to encourage recycling aluminum cans
  • 60 environmental workshops on climate change, water conservation, recycling and other environmental issues


”Imagine Your World” Art Contest

In addition to community service events, Green Works also included the “Imagine Your World” art contest for children of Alcoa employees. Children created original artwork depicting their vision of tomorrow’s natural environment. Eight young winners will each receive a US$5,000 Alcoa Foundation grant for their school or a school in an underserved area in their community. Winners, ranging from 4- to 16-years-old, hail from Australia, Canada, Europe, South America, Russia and the U.S. Presentations will be made during the school year. The winning art was selected by a panel of judges, including Klaus Kleinfeld, Alcoa Chairman and CEO, and Alcoa Foundation nonprofit partners. The winning art and artists can be viewed here.

“Sustainability is at the heart of everything we do at Alcoa,” said Paula Davis, President, Alcoa Foundation. “Green Works helped strengthen our commitment to our environment, and got our employees and their families involved in greening their communities.”

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.

ABOUT ALCOA

Alcoa is the world’s leading producer of primary aluminum, fabricated aluminum and 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 eight 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.