Published 12-05-07
Submitted by Alcoa Inc.
PITTSBURGH - December 5, 2007 - A record of more than 47,000 people participated in volunteer activities during Alcoa's 2007 Worldwide Month of Service held in October, it was announced today by Alcoa (NYSE:AA) and Alcoa Foundation. Now in its second year, the Worldwide Month of Service is a dedicated timeframe during which the company’s locations around the world hold community service events to recognize the commitment and achievement of Alcoa employees who volunteer in their communities.
Under the theme of "Alcoa in the Community," participation this year was up nearly one third from 2006. Alcoa's senior management was actively involved in many of the more than 780 events held in 36 countries in 200 communities. Alcoa employee volunteers partnered with local nonprofit organizations, neighbors, government officials, and family members to make maximum impact in their local communities. Volunteer efforts included service to nearly 37,000 community residents, planting of over 12,000 trees, and direct assistance to nearly 200 schools. Many events were held with non-governmental organizations (NGOs) where Alcoa employees volunteer year-round and where Alcoa Foundation grants complement their efforts.
"I am proud to congratulate all those employees and their families who make Alcoa's Worldwide Month of Service a true demonstration of the spirit of giving and community involvement has been a core part of Alcoa's Values since our founding," said Alain Belda, Alcoa's Chairman and Chief Executive Office. "We chose International Volunteer Day to announce these achievements as further recognition of the significant positive change these Alcoa volunteers make on a regular basis in their communities around the globe." In 1985, the General Assembly of the United Nations designated December 5 for an annual celebration of all that is achieved by volunteers; International Volunteer Day is celebrated in more than half the world's countries. Details can be found at www.worldvolunteerweb.org
"Our Worldwide Month of Service extends and deepens our regular, day-to-day community involvement," said Meg McDonald, President of Alcoa Foundation. "The goal is to make a real and sustainable impact on Alcoa communities everywhere."
Some highlights from the Month of Service:
About Alcoa
Alcoa 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 including flat-rolled products, hard alloy extrusions, and forgings, Alcoa also markets Alcoa(R) wheels, fastening systems, precision and investment castings, structures and building systems. The company has 116,000 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.
About Alcoa Foundation
Alcoa Foundation, the second largest asset-based corporate foundation in the United States, .is a separately constituted nonprofit U.S. corporate foundation with assets of approximately $534 million. Its mission is to actively invest in the quality of life in Alcoa communities worldwide. Throughout its history, the Foundation has been a source of positive community change and enhancement, with nearly $437 million invested since 1952.
The Foundation's grants address global and local needs in over 30 countries by partnering with Alcoa communities around the world to make a difference. Global and local grantmaking is responsive to the needs and aspirations of Alcoa communities and marshals the combined expertise, energies, and values of Alcoa and Alcoa Foundation to provide a world-class standard of excellence in corporate citizenship.
In 2006, Alcoa and Alcoa Foundation invested a combined total of $42.3 million in community programs in 32 countries, focusing on four areas of excellence: conservation and sustainability, global education and workplace skills, business and community partnerships, and safe and healthy children and families.
In addition to grantmaking, Alcoa Foundation offers two employee programs to encourage volunteerism. Bravo! recognizes individual employees who spend a minimum of 50 hours per calendar year doing volunteer work for an approved nonprofit/non-governmental organization; in recognition of the employee's effort, Alcoa contributes $250 to the nonprofit organization. ACTION (Alcoans Coming Together In Our Neighborhoods) recognizes the team efforts of at least five Alcoa employees who spend a minimum of four hours on a community service project for a local nonprofit/non-governmental organization; in recognition of the team's effort, Alcoa contributes either $1,500 or $3,000 to the nonprofit organization, depending on the size of the team.
For more information, 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
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