March 10, 2011
Alcoa Foundation Invests in Sustainability
Alcoa Foundation, Alcoa Russia and Fund for Sustainable Development announced the  launch of a new program to promote  responsible water resources management for sustainable development. The program will be implemented in Samara and Moscow, Russian communities where Alcoa has presence. The program is one of Alcoa Foundation ten two-year research initiatives realized across the globe.

Alcoa Foundation has announced a new $7 million investment in sustainability on February 28, 2011, when the International Corporate Philanthropy Day was celebrated. Ten, two-year Advancing Sustainability research initiatives will address regional environmental challenges, improve energy efficiency and enhance global reforestation projects. The investment aligns with Alcoa Foundation’s sustainability focus: ‘Reduce, Recycle, Replenish,’ and will engage employees and communities where Alcoa operates to enhance the environment.

The Responsible Water Resources Management program aims to provide organizations and individuals that take decisions on the federal, regional or local level with new approaches to better water management and raise the community awareness of these approaches. The program is designed and managed by Fund for Sustainable Development in partnership with the Institute of Water Issues (Moscow),  Educational Center for Ecology and Safety (Samara). Participants in the program are also leading researchers from Moscow State University and Samara Technological University who focus on water resources management and technologies in industrial water treatment, as well as officials and environmental in the Samara region. The program is open for interested specialists.

The program agenda includes:

   - study of water resources management challenges in  Russia;
   - promotion of actionable solutions at various levels;
   - measures to improve treatment of industrial water with oil content;
   - upgrades of educational courses in industrial ecology.

The Responsible Water Resources Management program will help build up responsible attitude to water as a key global resource among community members and will contribute to local economic development based on innovative approaches to water resources protection.

About Alcoa
Alcoa (NYSE:AA) 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.

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 590,000 hours of service to 9,400 charitable organizations. Their time was matched with US $4.2 million in Alcoa volunteer grants. More information can be found at www.alcoa.com/foundation.

About Alcoa Russia
Alcoa first entered Russia in 1993. In 2005 the company acquired two fabricating facilities in Samara and Belaya Kalitva. Since 2005 Alcoa has invested over $760 million to upgrade its Russian facilities.

Fund for Sustainable Development (FSD) is an independent, nongovernmental and non-profit Russian fund established to implement projects aimed to solve environmental issues and support socially responsible development in Russia.
www.fund-sd.ru