On the eve of International Volunteers Day, Alcoa (NYSE:AA) has announced employee volunteerism rates significantly higher than the corporate average, with 49 percent of the company workforce giving back to their communities around the world.
The record volunteerism rate was reached during the company fifth annual Month of Service in October, during which more than 29,000 Alcoa employees across 24 countries volunteered in close to 1,000 volunteer events. Highlights include:
59,000 children assisted through school infrastructure improvements, literacy and STEM (Science, Technology, Engineering and Math) education.
Natural environment improved with 16,000 trees planted and 250 rivers, parks and recreation areas rehabilitated. 3,000 non-profit organizations supported to assist those in need, with 18,000 meals served, and 300 shelters, homes and community facilities repaired.
The 49 percent employee volunteer participation recorded during Alcoa Month of Service is significantly higher rate than the corporate average, based on data collected by the Boston College Center for Corporate Citizenship. Between 2008-2010, the Center recorded average participation rates in employer-supported volunteering of between 17 and 31 percent. In 2009, 37 percent of employees participated in Alcoa Month of Service activities.
Alcoa chose International Volunteers Day to also announce the results of its global Month of Service photo contest, with five employee winners recognized with a $5,000 grant to the charity of their choice from Alcoa Foundation. Their winning images depict the spirit of Alcoa volunteerism and were selected by judging panels of Alcoa employees, leaders and partners, including customers and NGOs.