The multi-year partnership agreement between Novelis and VELUX aims to drop below the threshold of 4,0 kg of carbon emitted per kilogram of rolled aluminum delivered by 2024. This represents a level well below half of the average carbon footprint of primary aluminum used in Europe. The partners aim to achieve further reductions in carbon emissions by 2030.
The aluminum will show approximately 70% recycled content, which is almost 30% more than what Novelis currently supplies to VELUX. Recycling aluminum requires only 5% of the energy required to manufacture primary aluminum, and has up to 95% lower carbon emissions.
“The agreement with Novelis is our second strategic aluminum partnership of the year, even as we accelerate the decarbonization of our products and our value chain., said Nikolaj Cederquist, Vice President, Global Procurement, VELUX Group. Our scope 3 carbon emissions are the largest and they are also the ones we have the most difficulty reducing. This is why partnerships of this type will allow us to go faster and further. »
With more than 94% of the VELUX Group's carbon footprint coming from the materials used in the manufacture of its products, collaboration across the value chain is key to halving its scope 3 emissions and those of its products. by 2030. These objectives are in addition to the Group's objective of reducing its scope 100 and 1 emissions by 2% by 2030.
“We are delighted to be able to help VELUX achieve its ambitious carbon reduction targets by providing sustainable, low-carbon aluminum products., said Stephen Boney, Vice President, Specialty Products of Novelis Europe. As a leader in aluminum sustainability, Novelis believes that materials innovation and collaboration across the value chain will increase decarbonization, support the circular economy and achieve our ambition of carbon neutrality. »
The VELUX Group and Novelis have agreed to continue their partnership, in order to improve the reduction of carbon emissions linked to aluminum and to develop more sustainable coating systems, helping to promote a more circular materials industry. This last point constitutes a common objective on which the two companies are also progressing within the framework of other long-term partnerships.