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Novelis Inc., a leading player in the other non-ferrous metal products industry, is headquartered in the United States. Founded in 2005, the company has established itself as a global leader in aluminium rolling and recycling, with significant operations across North America, South America, Europe, and Asia.
Specialising in innovative aluminium solutions, Novelis offers a diverse range of products, including rolled aluminium sheets and automotive components, which are distinguished by their sustainability and lightweight properties. The company is committed to advancing circular economy principles, making it a pioneer in aluminium recycling.
With a strong market position, Novelis has achieved notable milestones, including being the largest recycler of aluminium in the world. Its dedication to quality and sustainability continues to set it apart in the competitive landscape of non-ferrous metal products.
+17 vs industry average
Novelis Inc.’s score of 36 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Other Non-Ferrous Metal Products is among the most carbon-intensive industries
The Other Non-Ferrous Metal Products industry has reduced its overall emissions by 32% since 2018
Scope 3 accounts for ••• of total emissions.
Novelis Inc., headquartered in the US, reported Scope 1 emissions of approximately 1.39 billion kg CO2e and Scope 2 emissions of about 898 million kg CO2e for the 2022 financial year. In 2016, the company disclosed Scope 1, Scope 2, and Scope 3 emissions, each totalling approximately 16.93 billion kg CO2e.
Novelis is committed to achieving net carbon neutrality by 2050, with several interim targets. These include a 30% reduction in CO2 by 2026, a 20% reduction in waste sent to landfills by 2026, a 10% reduction in energy intensity by 2026, and a 10% reduction in water consumption by 2026. While Novelis Inc. reports its own emissions data, its SBTi and RTZ initiatives are cascaded from its ultimate parent, Hindalco Industries Limited.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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