Alcoa Named Sustainability Leader on Dow Jones Indices for Fifteenth Consecutive Year

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Company was once again recognized as aluminum industry leader

NEW YORK–(BUSINESS WIRE)–For the fifteenth year in a row, lightweight metals leader Alcoa
(NYSE:AA) has been named as one of the world’s leading companies for
sustainability on the Dow Jones Sustainability Indices (DJSI) — a
globally recognized and reputable benchmark for corporate responsibility
and sustainability. Alcoa was again recognized as the Aluminum Industry
Leader on the Dow Jones World Index.

“As we prepare to launch two strong companies in the second half of
2016, we will continue using our innovation, creativity, and passion to
deliver net-positive benefits to the environment, communities where we
operate, our employees, and our shareholders,” said Kevin McKnight,
Chief Sustainability Officer and Vice President, Environment, Health &
Safety.

Highlights of Alcoa’s 2015 sustainability performance include:

  • Achieving 2020 greenhouse gas intensity target five years ahead of
    plan by reducing absolute greenhouse gas emissions by 5.5 million
    metric tons and improving our greenhouse gas emission intensity by
    31.3% from our 2005 baseline.
  • Became one of the first companies to sign the American
    Business Act on Climate Pledge
    . As part of that pledge, committing
    to reduce absolute U.S. greenhouse gas emissions by 50% versus a 2005
    baseline and also demonstrate a net reduction of greenhouse gas
    emissions from the use of products equal to three times the emissions
    created by their production—all by 2025.
  • Alcoa-developed high-performance aluminum, titanium, and nickel-based
    alloy products are found from nose to tail on every high-growth
    commercial aircraft platform. These products produce lighter, more
    fuel-efficient planes with highly efficient engines and smaller carbon
    footprints.
  • Alcoa Micromill® material, which produces automotive parts that are
    twice as formable and 30 percent lighter than parts made from
    high-strength steel, debuted on the 2016 Ford F-150 truck.
  • During 2015, improved bauxite residue storage efficiency and
    rehabilitation rate. In addition, finalized biodiversity action plans
    for three locations, and minimized global mining footprint.

The Dow Jones Sustainability Indices are the longest-running global
sustainability benchmarks worldwide. Following a best-in-class approach,
they measure the performance of the world’s sustainability leaders based
on a comprehensive assessment of long-term economic, environmental and
social criteria that account for general as well as industry-specific
sustainability trends.

Learn more about Alcoa’s sustainability efforts and how its inherently
sustainable products are making significant contributions to the world
in the 2015
Sustainability Report
.

Dissemination of Company Information

Alcoa intends to make future announcements regarding Company
developments and financial performance through its website at www.alcoa.com.

About Alcoa

A global leader in lightweight metals technology, engineering and
manufacturing, Alcoa innovates multi-material solutions that advance our
world. Our technologies enhance transportation, from automotive and
commercial transport to air and space travel, and improve industrial and
consumer electronics products. We enable smart buildings, sustainable
food and beverage packaging, high performance defense vehicles across
air, land and sea, deeper oil and gas drilling and more efficient power
generation. We pioneered the aluminum industry over 125 years ago, and
today, our approximately 57,000 people in 30 countries deliver value-add
products made of titanium, nickel and aluminum, and produce
best-in-class bauxite, alumina and primary aluminum products. For more
information, visit www.alcoa.com,
follow @Alcoa on Twitter at www.twitter.com/Alcoa
and follow us on Facebook at www.facebook.com/Alcoa.

Forward-Looking Statements

This communication contains statements that relate to future events and
expectations and as such constitute forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include those containing such words as
“anticipates,” “believes,” “could,” “estimates,” “expects,” “forecasts,”
“intends,” “may,” “outlook,” “plans,” “projects,” “seeks,” “sees,”
“should,” “targets,” “will,” “would,” or other words of similar meaning.
All statements that reflect the Company’s expectations, assumptions or
projections about the future, other than statements of historical fact,
are forward-looking statements, including, without limitation,
statements regarding the separation transaction. Forward-looking
statements are not guarantees of future performance and are subject to
risks, uncertainties, and changes in circumstances that are difficult to
predict. Although the Company believes that the expectations reflected
in any forward-looking statements are based on reasonable assumptions,
it can give no assurance that these expectations will be attained and it
is possible that actual results may differ materially from those
indicated by these forward-looking statements due to a variety of risks
and uncertainties. Such risks and uncertainties include, but are not
limited to: (a) uncertainties as to the timing of the separation and
whether it will be completed; (b) the possibility that various closing
conditions for the separation may not be satisfied; (c) the outcome of
contingencies, including legal proceedings; (d) the impact of the
separation on the businesses of Alcoa; (e) the risk that the businesses
will not be separated successfully or such separation may be more
difficult, time-consuming or costly than expected, which could result in
additional demands on Alcoa’s resources, systems, procedures and
controls, disruption of its ongoing business and diversion of
management’s attention from other business concerns; and (f) the other
risk factors discussed in the Company’s Form 10-K for the year ended
December 31, 2015, and other reports filed with the SEC. The Company
disclaims any obligation to update publicly any forward-looking
statements, whether in response to new information, future events or
otherwise, except as required by applicable law.

Contacts

Alcoa
Investors
Matthew Garth
212-836-2714
Matthew.Garth@alcoa.com
or
Media
Monica
Orbe
212-836-2632
Monica.Orbe@alcoa.com