Alcoa is a global industry leader in bauxite, alumina, and aluminum products. The company is built on a foundation of strong values and operating excellence dating back more than 130 years to the world-changing discovery that made aluminum an affordable and vital part of modern life. Since developing the aluminum industry, and throughout history, talented Alcoans have followed on with breakthrough innovations and best practices that have led to efficiency, safety, sustainability, and stronger communities wherever Alcoa operates.
We support the implementation of the Extractive Industries Transparency Initiative (EITI). Alcoa mines bauxite in Australia and Brazil. In both countries, mining operations are consolidated with other non-mining operations. Our company fully discloses payments to the Government in Australia. In Brazil, Alcoa reports consolidated financial performance publicly, including royalties and tax payments. A summary of royalty payments is included in our Sustainability Report.
Alcoa’s ethics and compliance program ensures that their global operations have the tools to protect their social license to operate while meeting or exceeding all applicable legal requirements and fostering a culture of speaking up. Anti-corruption compliance remained a focus in 2019. They embarked, in 2019, on a project to review and update all corporate policies and procedures and engaged with business and resource leaders to ensure they were fit for purpose, properly approved, and communicated. (Alcoa's 2019 Annual Report)