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Novelis pledges to achieve net-zero emissions 2050

The company says it will increase the use of recycled content in its products.

Aluminum rolling and recycling company Novelis Inc., Atlanta, says it will further its sustainability commitment by becoming a net carbon-neutral company by 2050 or sooner and reduce its carbon footprint 30 percent by 2026.

In addition, the company has pledged to become a “fully circular” business, along with a more diverse, inclusive and safe workplace.

"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," says Novelis President and CEO Steve Fisher. "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."

In addition to the carbon neutrality and CO2 reductions, Novelis has pledged that by 2026 it will :

  • reduce waste to landfills by 20 percent;
  • reduce energy intensity by 10 percent; and
  • reduce water consumption by 10 percent.

Novelis says it will increase the use of recycled content in its products, engaging with customers, suppliers and industry peers across the value chain to drive innovation that improves aluminum's overall sustainability.

"Our path to a more sustainable and circular future goes beyond our environmental commitments by setting new targets to reshape a more diverse and inclusive workforce that reflects our local communities,” Fisher says. “Globally, we are dedicated to increasing the representation of women in senior leadership and technical roles in order to create and foster the next generation of female scientists and engineers."

Novelis says it will increase representation of women in the company to 30 percent in senior leadership positions and 15 percent 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 says it also will 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.

Novelis works with the communities it operates in through the Novelis Neighbor program, which includes financial contributions and employee volunteer service. The program emphasizes STEM education, raising recycling awareness and fostering better overall community health and well-being.

Novelis is a subsidiary of Hindalco Industries Ltd., an industry leader in aluminum and copper, and the metals flagship company of the Aditya Birla Group, a multinational conglomerate based in Mumbai, India.