Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

04 AUGUST 2022 AL CIRCLE

Novelis achieves record financial performance with a 32% surge in net sales to $5.1 billion in 1QFY23

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

On Wednesday, August 3, Novelis released the first quarter financial results for fiscal year 2023, reporting a 28 per cent year-on-year rise in net income attributable to shareholder to a record $307 million and a 1 per cent increase in net income from continuing operations to also at $307 million. But excluding special items in both years, net income from continuing operations in Q1FY23 registered an 18 per cent hike due primarily to higher underlying Adjusted EBITDA.

Novelis achieves record financial performance with a 32% hike in net sales to $5.1 billion in 1QFY23

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Adjusted EBITDA grew 1 per cent to a record $561 million in Q1 ended June 30 versus $555 million during the same period last year. The increase was due to higher product pricing, favourable product mix, aerospace shipment, and improved recycling performance.

The company's net sales stood at $5.1 billion in 1QFY23, gaining 32 per cent from $3.9 billion during the prior year period, driven by higher average aluminium prices and local market premiums.

Steve Fisher, President and CEO of Novelis Inc., said: "Novelis once again delivered record financial performance in the first quarter, following our record performance last fiscal year. With our unmatched global footprint, broad product portfolio, and first mover capacity expansion plans to support growing demand for innovative and sustainable aluminum solutions, Novelis will continue to lead the aluminum industry in fostering a circular economy and driving long-term value for our stakeholders."

But amid robust performance, what dipped were the flat rolled product shipments. From 973,000 tonnes in Q1 FY2022, shipments dropped by 1 per cent over the year to 962,000 tonnes, due mainly to supply chain disruption.

"In a strong demand but capacity constrained environment, we continue to focus on delivering high-quality, high-recycled-content products to customers while continually optimizing our operations and portfolio," said Devinder Ahuja, Executive Vice President and Chief Financial Officer, Novelis Inc. "Given the growing market, we are vigorously allocating capital to continue to grow alongside our customers, with more than $4.5 billion of investment opportunities on our horizon."

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