The report features that strategic initiatives and investments by the company have resulted in a 27 per cent reduction in absolute carbon emissions (including scopes 1, 2 & 3) compared to FY2016 baseline. Novelis proudly recycled 2,300 tonnes of aluminium in FY2024, including 82 billion used beverage cans, and even accomplished integrating an average of 63 per cent recycled content in its aluminium rolled products – keeping recycling at the forefront of all action plans for sustainability.
"I am incredibly proud of the FY24 results and our progress toward our goal of becoming carbon neutral by 2050," said Steve Fisher, President and Chief Executive Officer, Novelis Inc. "The progress we have achieved is the result of innovative approaches and technologies, strong relationships with our customers, and the brilliant and inspiring work of our employees. Every day, we make tremendous efforts toward delivering on our Purpose of Shaping a Sustainable World Together."
