Novelis Promotes Responsible Aluminum Sourcing in the North American Market with ASI Performance Standard Certification
ATLANTE, July 29, 2022 /PRNewswire/ — Novelis, a leading provider of sustainable aluminum solutions and the world leader in aluminum rolling and recycling, today announced that three of its North America that produce materials for the beverage can market have received Aluminum Stewardship Initiative (ASI) performance standards certifications.
This distinction recognizes Novelis’ responsible manufacturing practices by ASI, an international, non-profit, multi-stakeholder standards-setting and certification organization. Coupled with the company’s focus on the circular economy and industry-leading levels of recycled content across its product line, the certification demonstrates Novelis’ ambition to be the leader in the aluminum industry when it comes to sustainability.
Certifications for the Greensboro, Georgia, Berea, Kentuckyand Warren, Ohio, the plants further strengthen Novelis’ ability to meet growing customer demand for sustainable aluminum solutions in the beverage packaging market and beyond. The company has been supplying ASI-certified materials for August 2021 in Europe, South America and Asia.
“This certification is the final step in our sustainability journey and demonstrates our unwavering commitment to providing sustainable aluminum solutions to our valued customers,” said Tom Boney, Executive Vice President and President of Novelis North America. “In line with our goal of shaping a sustainable world together, we aim to collaborate and inspire our suppliers, customers and partners across the value chain to participate in these responsible practices.”
The ASI Performance Standard addresses environmental, social and governance principles for aluminum production, ensuring that the production practices of the ASI certified organization are responsible.
“Novelis aims to obtain ASI certification in all of its factories worldwide. Obtaining these ASI certifications is part of our ongoing commitment to be a responsible partner to our customers and to work with them to achieve their sustainability goals,” said Suzanne Lindsay Walker, Vice President of Sustainable Development. “Compliance with the standards provides a clear indication of the care and commitment certified companies share to human rights, climate change, the environment and circularity in relation to aluminum manufacturing. .”
fiona solomonPresident and CEO of ASI, said, “We sincerely congratulate Novelis on achieving these three performance standards certifications among its North American operations. These plants are important nodes in the North American beverage can market, with one plant recycling approximately 20% of We are pleased to see Novelis’ ASI certification journey continue to expand across its global operations. .
Novelis plant in Pindamonhangaba, Brazil, has also obtained the ASI Performance Standard certification. Novelis has also achieved ASI’s Performance Standard and Chain of Custody certifications across all of its 11 European manufacturing sites and all of Novelis Korea’s rolled aluminum products are now sourced and manufactured in accordance with the ASI Performance Standard and the Chain of Custody standard. Regional certification programs are tailored to the needs of regional customers.
Novelis aims to be a carbon neutral company by 2050 or earlier and to reduce its carbon footprint by 30% by 2026. In addition, the company aims to reduce waste to landfill by 20%, l 10% energy intensity and water consumption. by 10% by 2026. Increasing the amount of recycled aluminum in its products is central to Novelis’ carbon emissions reduction strategy.
Statements made in this press release that describe Novelis’ intentions, expectations or forecasts may be forward-looking statements within the meaning of securities laws. Examples of forward-looking statements contained in this press release include Novelis’ expectations to achieve certain environmental goals and to achieve ASI certification at all of its facilities worldwide. Novelis cautions that, by their nature, forward-looking statements involve risks and uncertainties. We do not intend, and disclaim any obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise. Material risk factors that could impact results are included under the heading “Risk Factors” in the company’s Form 10-K filed with the Securities and Exchange Commission for the fiscal year ended March 31, 2022.
Novelis Inc. is driven by its goal of shaping a sustainable world together. We are a global leader in the production of innovative aluminum products and solutions and the world’s largest aluminum recycler. Our ambition is to be the leading provider of sustainable, low-carbon aluminum solutions and to achieve a fully circular economy by partnering with our suppliers, as well as our customers in the aerospace, automobile, beverage cans and specialties. North America, Europe, Asia and South America. Novelis achieved net sales of $17.1 billion in financial year 2022. Novelis is a subsidiary of Hindalco Industries Limited, a leader in the aluminum and copper industry, and the flagship metals company of the Aditya Birla Group, a multinational conglomerate based in Bombay. For more information, visit novelis.com.