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Political Contributions
Alcoa encourages all employees to vote and be active participants in the political process and has established the following rules in this area:
- Unless the chief executive officer and general counsel of Alcoa provide their prior written approval, Alcoa funds, property, services, and things of value may not be donated to or used to aid or oppose any political party, candidate, or campaign. While such contributions have rarely been approved and made over the years, Alcoa has retained the flexibility to do so when it would be consistent with business needs and compliant with applicable law.
- Alcoa property and assets may not be used in any fashion to assist or oppose any referendum or other vote of the electorate on a public issue unless Alcoa’s chief executive officer provides her or his prior written approval and the general counsel confirms the legality of the use of such property and/or assets.
- Employees may not support a political party, candidate, or election campaign during work time, and employees may not be reimbursed for personal political activity.
United States election laws do not allow the use of any corporate funds or resources for federal elections. Similar laws exist in many U.S. states. Although U.S. and many state election laws allow companies to sponsor and support political action committees for their employees, Alcoa does not sponsor such committees.
While other countries and some U.S. states may permit companies to donate funds directly to political parties and candidates, this is something Alcoa has rarely, if ever, done. The chief executive officer and general counsel must review in advance and approve in writing any such donation.
Alcoa has a responsibility to customers, shareholders, employees, and the communities where it operates to build an understanding and acceptance of the company’s position on public issues at all levels of government. It is acceptable for the company to express its view to government officials on subjects that might affect Alcoa’s welfare.
Communicating the company’s position on issues or matters of policy to government officials can subject the employee and the company to registration and reporting obligations at the federal or state level. In those cases, Alcoa complies with applicable laws.
While issues vary from country to country and region to region, some of the general issue areas in which Alcoa becomes involved include:
- Energy supply, price, and availability;
- Global climate change;
- Taxes;
- Mining;
- Recycling; and
- Health and safety
In addition to expressing the company’s position on various issues, Alcoa belongs to organizations in many countries that also interact with governments on public matters. Following is a sampling of these organizations.
Australia Australian Aluminium Council Business Council of Australia Chamber of Minerals and Energy Western Australia Chamber of Commerce and Industry Western Australia Victorian Employers’ Chamber of Commerce and Industry
Brazil The Brazilian Aluminum Association (ABAL) The Brazilian Metals Association American Chamber São Paulo & Brasilia The Brazilian Corporate Council for Sustainable Development The São Paulo State Federation of Industries
Canada The Aluminum Association of Canada Canadian Chamber of Commerce Quebec Federation of Chamber of Commerce Montreal Board of Trade American Chamber of Commerce in Canada Canada Iceland Chamber of Commerce
Europe European Aluminium Association Business Europe AmCham EU Eurometaux Aluminium Federation Ltd. (ALFED) Gesamtverband der Aluminiumindustrie e.V. (GDA)
United States The Aluminum Association U.S. Climate Action Partnership (USCAP) The Business Roundtable National Association of Manufacturers U.S. Chamber of Commerce
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