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Alcoa Achieves Record Volunteerism Rate

05.12.2012  |  Business Wire

34,000 employees make a difference during Company′s annual Month
of Service


As the world celebrates United Nations International Volunteer Day,
Alcoa (NYSE: AA) announced that a record-breaking 60 percent of
employees, or 34,000, made a difference in communities around the world
during the Company′s annual Month of Service. According to the Boston
College Center for Corporate Citizenship, the average rate of corporate
volunteering for U.S. company-sponsored volunteer programs is between 17
and 35 percent.


In October, Alcoa employees, retirees, friends, families and community
members across 24 countries joined together to participate in more than
1,050 projects, supporting local causes by collecting and distributing
food, improving literacy, donating blood, recycling, renovating school
and community centers, and planting trees.


'While our people volunteer year round, Month of Service is a way to
bring employees, retirees, friends, family and neighbors together on
coordinated projects that are meaningful to them and that multiply our
impact in communities,? said Paula Davis, President, Alcoa Foundation.
'We are proud to achieve a new Company best and grateful to our
nonprofit partners who helped us make it happen.?


To further Alcoa′s impact, 10 of the nonprofit organizations that
employees volunteered with in Australia, Brazil, Canada, China, Hungary,
Russia, the United Kingdom and United States received surprise grants of
$10,000 each from Alcoa Foundation, totaling $100,000. Alcoa leaders
participating in the projects presented the organizations with the
checks.

2012 Month of Service Highlights


  • Served more than 13,000 meals

  • Helped 36,000 children

  • Supported 400 schools

  • Recycled 265,455 aluminum cans

  • Partnered 2,050 nonprofit organizations

'Spirit of Volunteering? Photo Contest


Alcoa Foundation hosted the third annual 'Spirit of Volunteering? Photo
Contest to recognize and reward volunteers. The winners were selected by
Alcoa employees, Alcoa Chairman and CEO Klaus Kleinfeld, Alcoa′s
Executive Council, the senior leadership group, Alcoa customers and
Alcoa Foundation nonprofit partners. Each winner will receive a US$5,000
grant from Alcoa Foundation for their favorite charity. Visit http://www.alcoa.com/monthofservice
to view the winning photos.

About Alcoa Foundation


Alcoa Foundation is one of the largest corporate foundations in the
U.S., with assets of approximately US$446 million. Founded more than 50
years ago, Alcoa Foundation has invested more than US$550 million since
1952. In 2011, Alcoa Foundation contributed more than US$20 million to
nonprofit organizations throughout the world, building innovative
partnerships, engaging its people to improve the environment and
educating tomorrow′s leaders. The work of Alcoa Foundation is further
enhanced by Alcoa′s thousands of employee volunteers who share their
energy, passion and purpose to make a difference in the communities
where Alcoa operates. Through the company′s signature Month of Service
program, in 2011, a record 56 percent of Alcoa employees took part in
more than 1,200 events across 24 countries, reaching 81,000 children,
serving 9,000 meals, planting 34,000 trees and supporting 1,800
nonprofit organizations. More information can be found at ?www.alcoafoundation.com.

About Alcoa


Alcoa 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 11 consecutive years and approximately 75
percent of all of the aluminum ever produced since 1888 is still in
active use today. Alcoa employs approximately 61,000 people in 31
countries across the world. For more information, visit www.alcoa.com
and follow @Alcoa on Twitter
at twitter.com/Alcoa.


Alcoa Foundation

Malika Harrison, 212-836-2610


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