Our sustainability strategy includes a goal to create value for the communities where we operate, stimulating economic activity to improve the quality of life for our employees and neighbors.

We do this by providing stable, fair-paying jobs, procuring goods and services from local suppliers when possible, paying income and other taxes, and investing in community infrastructure and initiatives. The value we create helps communities thrive and earns us our social license to operate in these communities.

Guiding our value-creation efforts with local and regional stakeholders are our Values, Ethics and Compliance Program, Human Rights Policy and Alcoa Stakeholder Engagement Framework. These are also the foundation of our efforts to provide our employees with the opportunity for a better quality of life and well-being, professional development opportunities and a safe work environment that is equitable, diverse and inclusive.

In 2021, we launched our comprehensive social performance management system (SPMS), called SP360, that we will implement across the business. SP360 will help us ensure that our policies and standards to support effective engagement with communities, manage our social risks and maintain our social license to operate are in place at all Alcoa- managed locations.