Alcoa China Receives Inaugural Award for Community Service at Prestigious International CEO Roundtable Conference of Chinese and Foreign Multinationals

December 2, 2010

NEW YORK–Alcoa announced that it received the inaugural “Multinational Company
with Contribution to Public Welfare in China” award for its corporate
social responsibility achievements and commitment to China’s public
welfare. The recognition was given during the 4th
International CEO Roundtable of Chinese and Foreign Multinational
Corporations, an international conference of government officials, think
tank and corporate leaders, held recently in Beijing. Alcoa was
recognized as the top ranked of 16 multinational companies for its
contributions to China’s society and community.

The conference is sponsored by the China International Council for the
Promotion of Multinational Corporations and supported by UN
Secretary-General Ban Ki-Moon. Its aim is to further facilitate business
development in China. The theme of this year’s conference was promoting
multinational investment, strengthening corporate social responsibility
and facilitating sustainable development.

Alcoa Asia Pacific President Jinya Chen in accepting the award on behalf
of Alcoa said, “We are proud that our efforts to be a more sustainable
company have been recognized by the organization dedicated to growth and
development of multinationals in China. Sharing our best practices in
corporate social responsibility, including energy conservation,
emissions reduction, employee engagement and more reflects our
commitment to advance China’s economic development. Alcoa is in China to
grow with the Chinese market. In addition, I want to thank the employees
of Alcoa China for helping spawn cooperative community relationships by
contributing their time as employee volunteers.”

Alcoa China strongly promotes corporate social responsibility
exemplified by the initiation of such programs as “Make a Green Life for
Our Generation”, launched with Global Village of Beijing, a local NGO.
The program introduces elementary students to aluminum’s environmentally
friendly characteristics and applications in daily life, helping to
raise awareness of energy and resource conservation among students and
their families. In addition, Alcoa China employee volunteers have
participated in a variety of community educational, environmental and
other community service activities, such as assisting with the 10th
Beijing Central Business District International Business Festival and
serving as study coaches in primary schools.

About Alcoa

Alcoa (NYSE:AA) is the world’s leading producer of primary aluminum,
fabricated aluminum and 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