Novelis ALR Aluminum Holdings Corporation Sustainability Profile
Novelis ALR Aluminum Holdings Corporation, commonly referred to as Novelis, is a leading player in the aluminium industry, headquartered in the United States. Founded in 2005, the company has established itself as a global leader in aluminium rolled products and recycling, with significant operations across North America, South America, Europe, and Asia. Specialising in innovative aluminium solutions, Novelis provides a diverse range of products, including automotive sheets, beverage can materials, and architectural solutions. Their commitment to sustainability and recycling sets them apart, as they are one of the largest recyclers of aluminium in the world. With a strong market position, Novelis has achieved notable milestones, including advancements in lightweight materials that enhance vehicle efficiency and reduce carbon footprints. The company continues to drive innovation in the aluminium sector, reinforcing its reputation as a trusted partner for industries worldwide.
DitchCarbon Score
How does Novelis ALR Aluminum Holdings Corporation's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Other Non-Ferrous Metal Products industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Novelis ALR Aluminum Holdings Corporation's score of 45 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Novelis ALR Aluminum Holdings Corporation, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Novelis Inc., which is part of a broader corporate family that includes Hindalco Industries Limited. As such, any climate commitments or emissions data may be influenced by initiatives and targets set by these parent organisations. While there are no documented reduction targets or specific emissions figures for Novelis ALR, it is important to note that the company is aligned with the sustainability goals of its parent entities. Hindalco Industries Limited, at the third cascade level, has established various climate initiatives, including Science-Based Targets (SBTi) and participation in the Carbon Disclosure Project (CDP). These initiatives aim to drive significant reductions in greenhouse gas emissions across their operations. As a subsidiary, Novelis ALR is expected to adhere to the climate strategies and commitments of its parent companies, focusing on reducing emissions and enhancing sustainability practices within the aluminium industry. However, without specific data or targets from Novelis ALR itself, a detailed assessment of its carbon footprint and climate commitments remains unavailable.
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| 2016 | 2022 | |
|---|---|---|
| Scope 1 | 16,929,276,000 | 0,000,000,000 |
| Scope 2 | 16,929,276,000 | 000,000,000 |
| Scope 3 | 16,929,276,000 | 00,000,000,000 |
How Carbon Intensive is Novelis ALR Aluminum Holdings Corporation's Industry?
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Novelis ALR Aluminum Holdings Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Novelis ALR Aluminum Holdings Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
