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.

01 JUNE 2022 AL CIRCLE

Novelis joins worldwide initiative First Movers Coalition to decarbonise aluminium industry

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

On Tuesday, May 31, Novelis Inc., the world leader in aluminium rolling and recycling, announced the joining to the First Movers Coalition (FMC), a global initiative aimed at decarbonising eight “hard to abate” sectors that account for 30% of worldwide carbon emissions. By joining this platform, Novelis will contribute its effort to reducing carbon emissions from the aluminium manufacturing process, along with many other enigmatic companies from the same industry.

Novelis joins worldwide initiative FMC to decarbonise aluminium industry

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The First Movers Coalition (FMC) was launched during the 26th United Nations Climate Change Conference (COP26) in October 2021. Its aim to reduce carbon emissions is expected to reach commercial scale by 2030 and achieve net-zero emissions by 2050.

This complements Novelis’ goals to accomplish a 30% carbon footprint cut by 2026 and become a carbon neutral by 2050 or earlier. Novelis has pledged upon joining the FMC that 10 per cent of its primary purchases will become net-zero, emitting less than 3t CO2 per tonne. The company has also pledged that by 2030 at least 50 per cent of the aluminium it uses will be from recycled sources.

"Novelis is eager to continue our efforts to decarbonize the aluminum industry, as well as support decarbonization in numerous adjacent industries relying on aluminum, by joining the First Movers Coalition," said Steve Fisher, President and Chief Executive Officer, Novelis Inc.

European Aluminium Industry: Focus 2022

He added, "Recycling aluminum is far less energy-intensive than producing primary aluminum, and we want that energy to come from 'sustainable' sources. Aluminum has the potential to reach a near zero-carbon footprint, but it requires investment in clean energy and taking some risks to move the industry forward. Partnerships like the First Movers Coalition can spur those investments by supporting an emerging market for developing technologies. Novelis welcomes the opportunity to join FMC and accelerate innovation in our industry."

On June 1, 2022, Steve Fisher will announce Novelis’ roles and contribution to the FMC during a panel session at the Industry Transition Dialogue in Stockholm.

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