Novelis’ sustainability report
Novelis has published its Fiscal Year 2014 sustainability report. The report details Novelis’ efforts to increase its recycling capacity and the recycled content of its products to 80 per cent by 2020 with a focus on innovation and technology to accelerate the use of recycled aluminum.
“We’re leading the industry to harness the sustainability potential of aluminum as a lightweight, infinitely recyclable metal,” said Phil Martens, Novelis president and chief executive officer. “We’re still early in our journey – and that includes Novelis shifting to more recycled aluminum, which avoids 95 percent of the energy use and greenhouse gas emissions associated with primary production.”
Since 2011, Novelis has invested around $2 billion to expand recycling and production, doubling its recycling capacity to 2.1 million metric tons per year. Novelis also recently opened an aluminum recycling center in Nachterstedt, Germany, which will process up to 400,000 metric tons of aluminum scrap annually.
At the end of Fiscal Year 2014, Novelis achieved 46 per cent recycled content of its aluminum inputs and is on track to hit 50 percent by the end of the year. This means the company is providing its customers with aluminum sheet with ever-lower embedded carbon which, in turn, reduces its customers’ carbon footprints.
“Sustainability is core to our business strategy, and sustainability thinking is fully integrated into our brand,” said John Gardner, Novelis chief sustainability officer. “We are working with our customers and partners on life-cycle issues to improve sustainability performance, from design to post-consumer recycling. We often want to move faster and further than some of our stakeholders, so we continue to make the case for the shared benefit of a stronger circular economy.”
