Alcoa Named One of the Top Three Most Sustainable Corporations in the World

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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.
Daley-Harris said, "With increased support, the U. She had no
furniture except for her worktable and her children never had shoes or
attended school. "The little
ones run around now," she says.

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UNDP's Human Development Report 2005 found Bangladesh had surpassed
India in reducing child mortality and attributed its progress to factors
including "expanded opportunities for employment and access to
microcredit.

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"Companies' performance on environmental, social , and strategic
governance issues is having a rapidly-growing impact on their
competitiveness, profitability, and share price performance," said Dr.global100.
Survey data came from more than 3,100 institutions worldwide."
Hundreds of parliamentarians have urged the World Bank, UNDP, and regional
development banks to increase microcredit funding, commit half of microfinance
funds to the poorest, require cost-effective poverty measurement tools to
ensure compliance, and report results annually. 33; cell: 617-515-5059; palchik@microcreditsummit.

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Some 29,000 children die daily from largely preventable
malnutrition and disease - the equivalent of a major tsunami every ten days -
and more than one billion people live on less than US$1 a day," he said.N.org.

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"

Microloans have helped tens of million of women like Ana Ruiz of
Nicaragua.

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"The Global 100
sets out in one crisp list the best all-around global companies, the
ones most likely to be led and lead the way to a better world.

Global Study Finds Seven-Fold Increase in Growth of Microcredit to Impoverished Families

com.

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Innovest Strategic Value Advisors Inc.5 million loan recipients in 1997, based on
results of a new survey by the Microcredit Summit Campaign released at the
United Nations today.6 million families, affecting some 333 million family
members, which is more than the combined populations of the United States and
Canada," he added.

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"Our Values require us to think and act not only on the present
challenges, but also with the legacy in mind that we leave for those
who will come after us.
Daley-Harris welcomed findings that women comprise nearly 84 percent of
the poorest loan recipients because, "Empowering women is critical to reducing
world poverty.'s Millennium
Development Goals, which include halving poverty and were adopted by more than
180 heads of state and government in 2000, will become reality within a
decade. After her second loan she was able to send her four oldest to
school and buy eight plastic chairs so the children wouldn't have to sit in
the dirt .
For information or a copy of the report, contact: Dalia Palchik:
202-637-9600, ext.microcreditsummit .

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as well as the commitments made by those
that came before us," said Belda. We
appreciate the recognition of this work and our ability to combine
financial performance with social and environmental stewardship. "They go to sleep early because they are tired
from playing, not because they are weak .

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Before her microloan, her children were malnourished.
The Microcredit Summit Campaign is a project of RESULTS Educational Fund,
a Washington, DC-based non-governmental organization.

Website: http://www.

threefolding underdevelopment

, an
internationally recognized investment research and advisory firm,
provided the data and analysis for the Global 100..

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Alcoa, Toyota Motor and BP were recognized in the Global 100 Most
Sustainable Corporations in the World for their ability to meet the
"triple bottom line ," a measure of value that balances the
environmental, social and economic impacts of a business.

"Sustainability is not new
to us, although we may not have always used the term. "We think of it in terms of a relay
race, where each one of us adds value today and long-term for all
shareholders , Alcoans and the communities in which we operate. A 14-year World Bank study found three percent of Bangladeshi
microcredit clients left poverty annually because of microloans; one
percent of non-clients left poverty due to increased economic activity in
villages, and microfinance accounted for 40 percent of reductions in
moderate poverty in rural Bangladesh.

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The
company has 119,000 employees in 43 countries and has been a member of
the Dow Jones Industrial Average for 45 years and the Dow Jones
Sustainability Indexes since 2001. More information can be found at
www .

2.

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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. The UN has designated 2005 as the International Year of
Microcredit. Launched
nine years ago by delegates from 137 countries, the Microcredit Summit
Campaign seeks to ensure that 100 million of the world's poorest families
receive microloans by the end of 2005. Before receiving a US$100 microloan to expand her tortilla
business, Ana lived in a scrap wood shack with her eight children . For more information,
visit http://www.

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livable sustainable

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.

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"
Alcoa was named to the list after being selected from Innovest's
broad research database covering more than 2,000 companies mostly
reflecting the large global indices such as MSCI World, S+P 500, FTSE
350 and Eurostoxx.A.

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.alcoa.
Despite this impressive record, less than one percent of World Bank funding
goes to microcredit, a situation Daley-Harris called "unconscionable .org.

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Business Editors

PITTSBURGH----Alcoa (NYSE:AA) today
announced that it has been named one of the top three most sustainable
corporations in the world during a ceremony at the World Economic
Forum in Davos, Switzerland. Alcoa, Toyota and BP had the highest Innovest
scores and ratings overall."
More information about the Global 100 can be found at
www.

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Mathew Kiernan , Chief Executive of Innovest."
"All companies may be created equal, but not all are the same,"
said Toby A.com

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"It's an honor to see the work of Alcoans recognized globally,"
said Alain Belda, Alcoa Chairman and CEO.org
The World Economic Forum, a global community of business,
political , intellectual and other leaders committed to improving the
state of the world, is an independent international organization that
has NGO consultative status with the Economic and Social Council of
the United Nations. Among its other
businesses are vinyl siding, closures, fastening systems , precision
castings, and electrical distribution systems for cars and trucks." Two recent reports on Bangladesh, the world's most saturated
microcredit market, demonstrate microcredit's role in reducing poverty:

1.ereleases.

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This is the
first year that the annual list was announced by Corporate Knights of
Toronto, Canada, which publishes the world's only mainstream corporate
responsibility magazine. Heaps, Editor of Corporate Knights.
Microcredit loans support such low-tech business activities as grain
husking, rickshaw taxis, sewing and tailoring services, and high-tech efforts
such as marketing cell phone time to people without electricity or land-lines."
The Microcredit Summit will announce final results of the Campaign at the
Global Microcredit Summit in Halifax, Nova Scotia, November 12, 2006, and add
two new goals to reach by 2015: 1) Provide microcredit to 175 million of the
world's poorest families; and 2) Raise 100 million of the world's poorest
families above US$1 a day.

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For years we
have been using our Values as a guide while striving for excellence
with a focus on better understanding and managing our economic, social
and environmental impacts with our communities. NEW YORK, More than 92 million families, the
majority earning less than US$1 a day, received microloans in 2004, nearly a
seven-fold increase from the 13.
"Millions of the world's poorest citizens are achieving economic gains
through microloans that fuel small businesses ," said Microcredit Summit
Campaign Director Sam Daley-Harris.

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"We at Innovest
congratulate the Top 100 sustainability companies; we consider each of
them to be particularly well positioned to capture opportunities in
this new world we are all entering. "The majority of these loans have gone to
the extremely poor - 66.

This release was issued through eReleases(TM).

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