NewsSustainabilitySustainability weekly recap: Marching towards a sustainable environment for a better future with initiatives like recycling, green bonds, and zero waste
29 APRIL 2023AlCircle.com

Sustainability weekly recap: Marching towards a sustainable environment for a better future with initiatives like recycling, green bonds, and zero waste

Edited by : Sarnali Chakraborty
3 min read
Sustainability weekly recap: Marching towards a sustainable environment for a better future with initiatives like recycling, green bonds, and zero waste

In response to the increased focus on a sustainable environment, aluminium manufacturers throughout the globe are embracing ecologically-friendly manufacturing processes. To begin with, BMW Group, a German multinational manufacturer of luxury automobiles, unveiled a new programme named "Car2Car" that aims to boost the percentage of recycled materials used in new models to 50%. Volgron, Australia's largest bus body manufacturer, took its step towards sustainability with the Volgren Optimus E-Bus, one of the lightest zero-emission bus bodies in its class, now in service in Melbourne, Sydney, Brisbane, and Perth. Novelis, the world leader in aluminium rolling and recycling and a worldwide producer of sustainable aluminium solutions, recently launched its second Green Bond report. The report highlighted Novelis' ability to produce sustainable solutions while outlining the company's efforts to reach its carbon reduction objectives.

According to reports, the German automaker is working to escalate the quality of secondary material obtained from "end-of-life" automobiles. BMW is collaborating with numerous partners from the recycling industry and the scientific community to accomplish this.

Innovation is crucial in the fiercely competitive world of manufacturing. As a result, Volgren, Australia's largest bus body manufacturer has created a name for itself by providing creative, sustainable, and efficient public transportation solutions.

Novelis, a global supplier of sustainable aluminium solutions and the world leader in aluminium rolling and recycling has released its second Green Bond report. This report details the business's sustainability-focused initiatives, supported by a Green Bond issued by the corporation two years ago last month.

Sustainability weekly recap: BMW to use 50% recycled materials for future cars; Novelis’ second Green Bond Report outlines its efforts to meet sustainability goals

On April 27, 2023, Constellium SE, the global leader in developing and manufacturing high-value-added aluminium products and solutions and aluminium recycling, announced its agreement with Renault Group to establish a closed-loop recycling process for the all-new Megane E-TECH Electric.

Vedanta Aluminium achieved a new sustainability milestone by deploying a new material recovery facility at its operations in Jharsuguda district, Odisha. This marks a significant step towards the company’s ‘Zero Waste’ goal, resulting in energy savings and carbon emissions mitigation.

Sustainability weekly recap: BMW to use 50% recycled materials for future cars; Novelis’ second Green Bond Report outlines its efforts to meet sustainability goals

The Russian aluminium giant aluminium producer reaffirmed its excellent ranking in EcoVadis, the world's largest and most reliable supplier sustainability assessment. The Company had an integral score corresponding with the "silver" level. It associates the Company with the top-8 per cent of the best global suppliers regarding their Environment, Social and Corporate Governance (ESG) maturity.

On Wednesday, April 26, Aluminium Stewardship Initiative announced that it successfully certified Vedanta’s aluminium smelter and captive power plant located in the Special Economic Zone (SEZ), Jharsuguda, against Performance Standard V2 (2017) certification.

KCC Chartering AS, a subsidiary of Klaveness Combination Carriers ASA and South32 Marketing Pte Ltd, a subsidiary of globally diversified mining and metals company South32, agreed to incorporate a carbon pricing mechanism in their existing Contract of Affreightment (COA).

World Recycled Aluminium Market Analysis

In 1970, Wisconsin politician Gaylord Nelson led the charge in what became Earth Day. After witnessing the horror of a huge oil spill in Santa Barbara, California, at the beginning of 1969, he was extremely frightened. Senator Nelson combined the student anti-war movement with increasing public awareness of air and water pollution from his concern about the planet's worsening situation. 

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