Alcoa Corp

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Direct Lobbying Transparency

Overall Assessment	Comment	Score
Comprehensive	Alcoa provides a high level of transparency around its climate-policy lobbying. It identifies several concrete legislative files it has worked on, including Australia’s reform of the Safeguard Mechanism, New York State’s Climate Leadership and Community Protection Act cap-and-invest regulations, and the revision of Norway’s CO₂ compensation scheme, in addition to broader engagement on “environmental, climate, energy, taxes, critical minerals, and trade issues.” The company also sets out how and where it lobbies: it reports its activities to the “Office of the Clerk of the House of Representatives and the Secretary of the Senate” in the United States, is registered with the “Office of the Commissioner of Lobbying” in Canada and the “EU Transparency Register,” directly “engag[es] with government and regulatory officials in the countries and regions in which we operate,” and pursues issues through industry bodies such as the National Association of Manufacturers and European Aluminium Association, as well as direct contact with the Australian federal government and New York State policymakers. Alcoa is equally explicit about what it wants to achieve, seeking “predictability in carbon pricing,” pressing for clearer emissions baselines under the Safeguard Mechanism to guide decarbonisation of its Australian assets, advocating that New York’s climate regulations align with its sustainability goals, and defending Norway’s CO₂ compensation scheme to “prevent carbon leakage.” Together, these disclosures demonstrate comprehensive visibility into the specific policies, the methods and targets of engagement, and the concrete outcomes the company is pursuing.	4

Lobbying Governance

Overall Assessment	Comment	Score
Moderate	Alcoa Corporation has established oversight of its public policy advocacy, with its senior and executive management reporting periodically to the Safety, Sustainability and Public Issues Committee of the Board of Directors, which “has oversight responsibility of the Company’s political activities and matters of public policy and corporate citizenship, pursuant to its Charter.” The company maintains “policies and procedures governing our public policy and engagement process, including political contributions and lobbying activities” and a procedure “to identify and screen potential lobbyists,” and it “periodically evaluates our industry association memberships and policy alignment,” offering to “share our position in the association” or to assess membership value if “differences remain significant.” However, Alcoa does not disclose a specific policy or process for aligning its direct lobbying activities with its climate strategy, nor does it provide evidence of a dedicated review or audit of climate-related lobbying. We found no description of sign-off steps or criteria for assessing direct climate-lobbying positions, and no publicly available report detailing how its environmental and climate advocacy is validated against its climate-change goals.	2