Shared Value Creation
Our sustainability strategy includes a goal to create value for the communities where we operate, stimulating economic activity to improve the quality of life for our employees and neighbors.
We do this by providing stable, fair-paying jobs, procuring goods and services from local suppliers when possible, paying income and other taxes, and investing in community infrastructure and initiatives. The value we create helps communities thrive and earns us our social license to operate in these communities.
Guiding our value-creation efforts with local and regional stakeholders are our Values, Ethics and Compliance Program, Human Rights Policy and Alcoa Stakeholder Engagement Framework. These are also the foundation of our efforts to provide our employees with the opportunity for a better quality of life and well-being, professional development opportunities and a safe work environment that is equitable, diverse and inclusive.
In 2021, we launched our comprehensive social performance management system (SPMS), called SP360, that we will implement across the business. SP360 will help us ensure that our policies and standards to support effective engagement with communities, manage our social risks and maintain our social license to operate are in place at all Alcoa- managed locations.
2021 Alcoa Economic Value
2021 Alcoa Economic Value
|Australia||Europe||North America||South America||Total|
2021 Alcoa Foundation Investments
2021 Alcoa Foundation
(Millions of U.S. dollars)
|Europe and Africa||2.0||500|
Freshwater Reuse in Brazil
Learn how the Alcoa Alumar smelter has reduced freshwater consumption and environmental impacts through reuse initiatives for themselves and Ambev, a local brewery.
Sweet Introduction to World of Work
Read about how Instituto Alcoa is training 250 young people in the world of baked goods and sweets through its My Opportunity to the World of Work program.
It Is Okay to Not Be Okay
Read about Alcoa's focus on mental health community resources and Australia's long-standing partnership with Youth Focus.
Training Program Builds Elite Safety Technicians
Discover how Alcoa is leveling up the knowledge from safety professionals across Alcoa's Brazil plants to help keep employees and contractors safe.
Supporting LGBTQI Community with Pride
Learn how Alcoa has supported LGBTQI workplace inclusion since 2021 and has been recognized as a Bronze Tier Employer and leading resources company by the Australian Workplace Equality Index.
Smelter Leaves Smaller Waste Footprint
Learn how Alcoa finds every opportunity to reduce, reuse and recycle, resulting in waste being diverted from landfills through a multi-year sustainability strategy.
Turning Conflict into Collaboration in Guinea
Learn how Alcoa Foundation has funded the Social Training for Guinea Professionals program through the non-profit, Earthworm Foundation, for over 40 students.
Alcoa + Scitech = Improved Math Performance
In Western Australia (WA), the award-winning Alcoa Maths Enrichment Program is not only improving students’ achievements in mathematics, it is also expanding their career prospects.