Novelis has published its fiscal year 2016 sustainability report, detailing significant progress toward increasing the use of recycled aluminum and minimizing the use of natural resources. Recycling aluminum produces 95 percent fewer greenhouse gas (GHG) emissions and requires 95 percent less energy than primary aluminum production, enabling Novelis to achieve lower GHG emissions despite increasing global production capacity. At the end of fiscal 2016, Novelis achieved an average of 53 percent recycled aluminum inputs, up 23 percentage points from the baseline averages of fiscal years 2007-2009. Novelis also reduced its GHG emissions by 19 percent for the same baseline years.
Significant gains were also made in fiscal 2016 as it relates to water and energy intensity. Novelis achieved a 22 percent reduction in water intensity and a 24 percent reduction in energy intensity for the 2007-2009 baseline.
"Sustainability is core to our business. That starts with how we operate within our company and extends to how we partner with our stakeholders across the aluminum value chain," said Steve Fisher, President and Chief Executive Officer, Novelis. "We see tremendous opportunities in continuing to expand the use of lightweight, infinitely recyclable aluminum to meet today's demanding performance standards while reducing energy use."
