Alcoa Announces Investment of $8.6 Million in Conservation and Sustainability Research
DAVOS, Switzerland and PITTSBURGH--(BUSINESS WIRE)--Jan. 25, 2006--
Alcoa announced that its Alcoa Foundation will donate $8.6 million dollars to create the Alcoa Conservation and Sustainability Fellowship (CSF) program. The program will fund the study of global conservation and sustainability research by 30 Academic and 60 non-governmental organization (NGO) fellows from around the world over the next six years. The research will then be given away to all companies and NGO's worldwide in an effort to spur better sustainable development practices globally.
Participants in the Alcoa Conservation and Sustainability Foundation program include the most recognized names in the world of academic research and environmental stewardship. NGO partners include: the World Wildlife Fund (WWF), the International Union for the Conservation of Nature and Natural Resources, and Tecnologico de Monterrey in Mexico.
In Europe Alcoa provides a wide range of products and integrated solutions to European customers in the aerospace, aluminum ingot, automotive, commercial transportation, building and construction, packaging and consumer products and industrial markets. Alcoa's four main aluminum businesses in the European region include--Primary Metals, Extrusions and End Products, Flat Rolled Products and Building and Construction Systems. Alcoa also works closely with other global Alcoa businesses with operations in Europe to provide leading-edge technology and integrated approaches that meet emerging customer and market demands.
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