Novelis Inc.
Sustainable Metals, Stronger Tomorrow
Let’s see how SustainSense* looks at Novelis Inc.'s sustainability journey.

Main industry

Aluminium

Sector Size

$229.85 billion

Sector Growth rate:

5.9% annually

Market Characteristics:

Highly Diverse

Country

USA
Introduction

Novelis has committed to achieving carbon neutrality by 2050 and has set interim targets to reduce absolute carbon emissions by 30% by FY26 from a FY16 baseline. The company focuses on increasing recycling rates, improving energy efficiency, and collaborating with industry partners to promote a circular economy. The company's decarbonization strategy includes efforts to reduce energy use, implement alternative fuels, and engage in partnerships like the Net Zero Lab Valais to develop carbon-neutral solutions​

Emission Metrics and Reflection of Commitment

Total Emission

2,255,000 tCO2e

Net-0 Target Year

2050

Absolute Emission Reduction

14%

Emissions Breakdown

Actions and Commitments

Commitments Made and Actions taken by Novelis

  • Carbon Emission Reduction: The company achieved a 27% reduction in absolute carbon emissions from its FY2016 baseline by FY2024, encompassing scopes 1, 2, and 3 emissions.
  • Recycling Initiatives: In FY2024, Novelis reached an average of 63% recycled content in its aluminum rolled products, recycling over 2,300 kilotons of aluminum, including 82 billion used beverage cans. 
  • 3x30 Sustainability Initiative: Launched in 2024, this initiative aims to:

    - Increase recycled content to 75% by 2030.
    - Reduce carbon emissions to less than 3 tonnes of CO₂ equivalent per tonne of flat-rolled product shipped by 2030.
    - Lead the industry toward circularity through strategic investments. 
  • Green Bond Investments: Novelis allocated $588 million from its Green Bond to projects focused on reducing carbon emissions and enhancing energy efficiency, underscoring its commitment to a carbon-neutral future. 
  • Waste Reduction Efforts: The company achieved an 8.8% reduction in waste-to-landfill intensity from its FY2020 baseline, reflecting progress toward its goal of a 20% reduction by 2026

Navigating the Roadblocks Ahead...

Scope 3 emissions reduction across the value chain
Compliance with evolving regulatory frameworks
Managing supply chain sustainability risks
Balancing production efficiency with environmental goals​
Transitioning high-emission facilities to renewable energy
Embracing Opportunities

Identifying Impact Opportunities

  • Transparent Reporting: Provide clear, accurate, and detailed disclosures on sustainability goals, progress, and challenges, aligned with globally recognized frameworks like SASB, TCFD, and SEC Climate Disclosures.
  • Third-Party Verification: Ensure all environmental claims, such as emissions reductions through renewable energy adoption beyond smelters, are independently verified by credible auditors.
  • Set Measurable Goals: Define specific, time-bound sustainability targets that are scientifically backed and achievable, avoiding vague or overly ambitious claims.
  • Leveraging Technology: Enhancing energy efficiency through advanced technologies and leveraging AI-based sustainability platforms for better data management.
  • Value Chain Accountability: Collaborate with suppliers and partners to ensure sustainability efforts are consistent throughout the value chain.
  • Continuous Monitoring and Adaptation: Increasing the use and monitoring impact of usage of recycled aluminum in production.

Stay Ahead of Regulations and Reporting Requirements

What you can do with Sprih

  • Measure
  • Measure
Experience seamless, auditable, accurate assessment of Scope 1,2, and 3 emissions. Build stakeholder confidence with finance-grade carbon analytics from Sprih.
  • Benchmark
  • Benchmark
Compare your sustainability status with the industry and peers. Understand your position, learn from the best, and use sustainability to distinguish your business
  • Plan
  • Plan
Chart your emission reduction roadmap with confidence using data. Expert guidance and ecosystem partners turn ambitious goals into real-world outcomes.
  • report
  • report
Generate accurate, auditable, comprehensive regulatory reports in one click, ensuring reduced compliance risk, better focus on business continuity and increased market access.
  • Exchange
  • Exchange
Foster a dynamic exchange of emissions data and sustainability recommendations, enabling suppliers to align with your sustainability vision and adopt a unified approach to environmental stewardship.

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