Novelis Inc.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03, 2021-03-31 to 2023-09-30, 2014

In its 2023-04 to 2024-03 reporting, Novelis Inc. disclosed greenhouse gas emissions of 14.63 Million tCO2e. By scope: Scope 1: 1.4M tCO2e; Scope 2: 828.0K tCO2e (location-based) 892000 tCO2e (market-based); Scope 3: 12.0M tCO2e (Category 1) + 395000 tCO2e (Category 4). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
14.63 Million tCO2e
2023-04 to 2024-03
⚙️
Energy Use
2.84 MWh/t FRP
2023-04 to 2024-03

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.4M tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.828.0K tCO2e (location-based) 892000 tCO2e (market-based)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).12.0M tCO2e (Category 1) + 395000 tCO2e (Category 4)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023-04 to 2024-0314.63 Million tCO2e
201417M mt

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Achieve a 0.11 DAFW rate by the end of FY27.

📅 Medium-term

  • 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.

🔭 Long-term

  • Carbon neutral by 2050 or sooner.

🌱 ESG Focus Areas

DecarbonizationCircularityRecycled ContentSafetyDiversity & InclusionCommunity Investment

⚠️ Challenges & Risks +

  • Maintaining absolute emission reductions with anticipated growth.
  • Securing low-carbon primary aluminum due to limited availability.
  • Improving energy efficiency despite increased remelt energy.

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: GRI Standards: Core option
Assurance: PricewaterhouseCoopers LLP (PwC) - Limited assurance on certain GHG emission metrics