Climate Change Data

Novelis Inc.

Climate Impact & Sustainability Data (2014, 2021-03-31 to 2023-09-30, 2023-04 to 2024-03)

Reporting Period: 2014

Environmental Metrics

Total Carbon Emissions:17M mt
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:9.5 GJ/mt
Water Consumption:3.0 m3/mt
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Recycling
  • Supply Chain Sustainability
  • Employee Safety
  • Community Engagement

Environmental Achievements

  • Reduced energy intensity by 5%
  • Reduced water use intensity by 4%
  • Reduced absolute GHG emissions by 4%
  • Reached 46% recycled metal inputs
  • Recycled 50 billion used beverage cans

Social Achievements

  • Launched Supplier Code of Conduct
  • Invested approximately $550 million since 2012 to triple automotive capacity by 2015
  • Developed relationships with can collectors’ cooperatives in Brazil
  • Completed 49 community projects during One Novelis Volunteer Month

Governance Achievements

  • Adopted a new, more stringent safety recordkeeping system

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reach 80% recycled inputs by 2020
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Increase in road construction-related waste in South American operations
  • Increase in recordable case rate due to new safety recordkeeping system
Mitigation Strategies
  • Finding solutions for recurring wastes (increased recycling of dross, sludge, and refractory waste)
  • Addressing issues raised by the new safety system (noise levels)

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI G4 Sustainability Reporting Guidelines (Comprehensive level)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • evercan™ (high-recycled-content beverage can sheet)

Awards & Recognition

  • Not disclosed

Reporting Period: 2021-03-31 to 2023-09-30

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:4000 MWh/year (Pieve Solar Park)
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Circular Economy

Environmental Achievements

  • Completed Pieve Solar Park, reducing carbon emissions by 1,450 tonnes annually.
  • Completed Brazil Solar Park, supplying renewable energy to 14 collection centers.
  • Expanded recycling capacity at various locations (Yeongju, Nachterstedt, Pindamonhangaba, Alunorf), reducing primary aluminum usage and associated CO2 emissions.
  • Implemented APEX-GL casting technology at Latchford, improving efficiency and reducing ingot butt swelling.

Social Achievements

  • Bay Minette plant expected to create up to 1,000 new jobs.

Governance Achievements

  • Established a Green Bond Committee to oversee project selection and ensure alignment with the Novelis Green Bond Framework.

Climate Goals & Targets

Long-term Goals:
  • Become carbon neutral by 2050
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Reduce CO2e emissions by 30% by FY2026

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Green Bond Principles (GBP)

Certifications: Null

Third-party Assurance: Independent accountants' report on management assertion regarding Green Bond proceeds usage.

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:14.63 Million tCO2e
Scope 1 Emissions:1,364,000 tCO2e
Scope 2 Emissions:828,000 tCO2e (location-based), 892,000 tCO2e (market-based)
Scope 3 Emissions:12,039,000 tCO2e (Category 1) + 395,000 tCO2e (Category 4)
Total Energy Consumption:2.84 MWh/t FRP
Carbon Intensity:2.84 MWh/t FRP

ESG Focus Areas

  • Decarbonization
  • Circularity
  • Recycled Content
  • Safety
  • Diversity & Inclusion
  • Community Investment

Environmental Achievements

  • Achieved a 27% reduction in absolute carbon emissions from FY16 baseline.
  • Achieved a 28% reduction in carbon intensity from FY16 baseline.
  • Reached an average of 63% recycled content in products.

Social Achievements

  • Extended Frontline Leader safety training to Asia and Europe.
  • Hosted second annual Global Safety Week.
  • Increased percentage of women in leadership roles by 1% over FY23.
  • Increased percentage of women in technical and operational roles by 1% over FY23.
  • $8.7 million in charitable giving.
  • 400+ community engagements supported by Novelis employees.

Governance Achievements

  • Established a Global Sustainability Steering Committee.
  • Established a Global Sustainability Council.
  • Established a Global Waste and Water Council.
  • Established a Green Bond Committee.

Climate Goals & Targets

Long-term Goals:
  • Carbon neutral by 2050 or sooner.
Medium-term Goals:
  • Increase average recycled content to 75% by 2030.
  • Reduce emissions to less than 3 tonnes of CO2e per tonne of FRP shipped by the end of CY30.
Short-term Goals:
  • Achieve a 0.11 DAFW rate by the end of FY27.

Environmental Challenges

  • Maintaining absolute emission reductions with anticipated growth.
  • Securing low-carbon primary aluminum due to limited availability.
  • Improving energy efficiency despite increased remelt energy.
Mitigation Strategies
  • Pivoting to an intensity-based reduction goal (Novelis 3x30 vision).
  • Investing in capacity and capabilities to increase recycling.
  • Exploring alternative fuels, clean electricity sources, and carbon capture technology.
  • Partnering with suppliers to secure low-carbon primary aluminum.

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct
  • Stringent ethical conduct standards

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products
  • Increased demand for sustainable aluminum solutions

Reporting Standards

Frameworks Used: GRI Standards: Core option

Certifications: ISO 14001 (29 sites), ISO 45001 (25 sites), Aluminum Stewardship Initiative (ASI) Performance Standard and Chain of Custody (CoC) certifications (various sites)

Third-party Assurance: PricewaterhouseCoopers LLP (PwC) - Limited assurance on certain GHG emission metrics

Sustainable Products & Innovation

  • High-recycled-content alloys for automotive and beverage packaging.
  • Uni-alloy design for efficient recycling.

Awards & Recognition

  • Women MAKE Award (Janaina Gameiro)