Published 11-17-03
Submitted by Alcoa Inc.
In addition to the 6,000 volunteers, another 15,000 Alcoans are expected to recognize nonprofits and NGOs for their service to communities. "Alcoa's vision is to be the best company in the world," said Alain Belda, chairman and chief executive officer of Alcoa. "There is no better place to measure the accomplishment of that vision than at the community level where we work to improve the quality of life by investing our time, resources and grant money."
While Alcoans have been volunteering in their communities for many years, Alcoa's programs that began in the past two years--ACTION (Alcoans Coming Together In Our Neighborhoods) and Bravo!--formally recognize and encourage teams and individual employees with grants to the organizations they serve. In 2002, through these two programs, more than 6,000 Alcoans volunteered in nearly 150 communities around the world, earning more than $1.1 million in Alcoa grants in those communities. Alcoa will also recognize 25 ACTION projects and 25 individual volunteers with additional grants to the organizations they serve.
Taking Action is a capstone to Alcoa Foundation's 50th Anniversary year--November 2002-November 2003. For more information on Alcoa's Taking Action events around the world, visit the Community section of www.alcoa.com under Employee Volunteerism.
About Alcoa
Alcoa is the world's leading producer of primary aluminum, fabricated aluminum and alumina, and is active in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components, Alcoa also markets consumer brands including Reynolds Wrap(R) foils and plastic wraps, Alcoa(R) wheels, and Baco(R) household wraps. Among its other businesses are vinyl siding, closures, precision castings, and electrical distribution systems for cars and trucks. The company has 127,000 employees in 40 (39) countries. More information can be found at www.alcoa.com.
About Alcoa Foundation
Established in 1952, Alcoa Foundation is a global resource that actively invests in improving the quality of life in more than 29 countries around the world where Alcoa operates. The Foundation's grants address global and local need in Areas of Excellence that include: Conservation and Sustainability, Global Education and Workplace Skills, Business and Community Partnerships and Safe and Healthy Children and Families. Alcoa Foundation manages the ACTION and Bravo! Programs. For more information about Alcoa Foundation, visit www.alcoa.com, under Community.
Alcoa (NYSE:AA) is the world's leading producer and manager of primary aluminum, fabricated aluminum and alumina facilities, and is active in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components, Alcoa also markets consumer brands including Reynolds Wrap® foils and plastic wraps, Alcoa® wheels, and Baco® household wraps. Among its other businesses are closures, fastening systems, precision castings, and electrical distribution systems for cars and trucks. The company has 129,000 employees in 44 countries and has been named one of the top most sustainable corporations in the world at the World Economic Forum in Davos, Switzerland. More information can be found at www.alcoa.com
More from Alcoa Inc.