GHG Emissions, Industrial  -  April 7, 2021

Novelis Announces Sustainability and Net-Zero Carbon Goals

Novelis Inc., an Atlanta-based aluminum rolling and recycling company, announced its goal to become a net carbon-neutral company by 2050 or sooner and reduce its carbon footprint by 30 % by 2026. The company already had a longstanding sustainability commitment and now commits to becoming a fully circular business with a more diverse, inclusive, and safe workplace.

The Novelis environmental targets commit to:

• Net carbon-neutrality by 2050
• 30% reduction in CO2 by 2026
• 20% reduction in waste to landfills by 2026
• 10% reduction in energy intensity by 2026
• 10% reduction in water consumption by 2026

"Our ambition is to be the world's leading provider of low-carbon, sustainable aluminum solutions that advance our business, industry, and society toward the benefits of a circular economy," Steve Fisher, President and Chief Executive Officer, Novelis Inc., said in a statement. "As the world's largest recycler of aluminum, sustainability has been paramount to our business and these new commitments will further ensure the health and well-being of the environment, the safety of our people, and the long-term success of the communities in which we live and work."

Novelis is committed to increasing the representation of women in the company to 30% in senior leadership positions and 15% in senior technical roles by 2024. To achieve the goals, the company has established a global Diversity & Inclusion board, as well as supporting councils in each of its four regions. The company will also continue assisting its Employee Resource Groups to help create a more inclusive environment where everyone has a sense of belonging and different backgrounds and perspectives are embraced and valued.

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