Report Reveals 10% Carbon Intensity Reduction in the last fiscal year

ATLANTA , Sept. 24, 2025 /PRNewswire/ -- Novelis Inc., a leading sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling, today released its sustainability report for the 2025 fiscal year (April 1, 2024, to March 31, 2025). The report shares progress toward the company's vision, Novelis 3x30, to advance aluminum as the material of choice with circular solutions and fulfill its purpose of Shaping a Sustainable World Together.

Novelis achieved a 10% reduction in greenhouse gas intensity in the last fiscal year (Scope 1, location-based Scope 2 & Scope 3, (category 1 and 4)), by implementing new technologies in remelt furnaces to improve efficiency, reducing fuel and energy use and increasing use of low-carbon primary aluminum inputs. Additional highlights from the report include:

• More than 84 billion used beverage cans recycled
• 63% average recycled content across all products
• 12% reduction in waste to landfill intensity
• 8% reduction in water intensity
• $8.8M donated to the communities in which Novelis employees work and live

Together, these achievements demonstrate meaningful progress toward Novelis' 3x30 objectives:

1. Accelerate circularity and achieve 75% average recycled content in our products.
2. Be the lowest emissions flat rolled products (FRP) aluminum provider with less than 3 tonnes of CO₂e per tonne of FRP shipped.
3. Continue to lead the industry toward circularity through first-mover investments.

"This year's report demonstrates how we're aligning our business strategy with circular economy principles," said SVP and Chief Strategy and Sustainability Officer, Francisco Pires. "We firmly believe that designing out waste, keeping materials in use and lowering emissions across the value chain delivers long-term value for customers, communities and our planet."

To find out more about Novelis' sustainability progress, read the full report http://novelis.com/AdvancingCircularity.

About Novelis

Novelis Inc. is driven by its purpose 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 recycler of aluminum. Our ambition is to be the leading provider of low-carbon, sustainable aluminum solutions and to achieve a fully circular economy by partnering with our suppliers, as well as our customers in the aerospace, automotive, beverage can and specialties industries throughout North America, Europe, Asia and South America. Novelis had net sales of $17.1 billion in fiscal year 2025. Novelis is a subsidiary of Hindalco Industries Limited, an industry leader in aluminum and copper, and the metals flagship company of the Aditya Birla Group, a multinational conglomerate based in Mumbai. For more information, visit novelis.com.  

Forward-Looking Statements

Statements made in this news release which describe Novelis' intentions, expectations, beliefs or predictions may be forward-looking within the meaning of securities laws. Forward-looking statements include statements preceded by, followed by, or including the words "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," or similar expressions. Examples of forward-looking statements in this news release include expectations that Novelis will accelerate circularity and achieve 75% average recycled content in our products, be the lowest emissions flat rolled products (FRP) aluminum provider with less than 3 tonnes of CO₂e per tonne of FRP shipped, and continue to lead the industry toward circularity through first-mover investments. Novelis cautions that, by their nature, forward-looking statements involve risk and uncertainty. Novelis does not intend and disclaims any obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise. Important risk factors which could impact outcomes are included under the caption "Risk Factors" in Novelis' Form 10-K filed with the Securities and Exchange Commission for the fiscal year ended March 31, 2025, and as the same may be updated from time to time in Novelis' quarterly reports on Form 10-Q, or in other reports which we from time to time file with the SEC.

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SOURCE Novelis Inc.