Rolled aluminium producer Novelis pledged to donate US$1 million to Habitat for Humanity on Friday, to be distributed over the next five years. The firm indicates that it is doing so in honor of its fifth annual “One Novelis Volunteer Month.”
According to the press release, Novelis employees around the globe come together to serve their communities. The amount pledged is a one hundred percent increase over the firm’s previous financial commitments during the past five years.
Over two hundred employees at Novelis’ headquarters in Atlanta, Georgia helped to construct a home in under a week in conjunction with a local family and the Atlanta chapter of Habitat for Humanity. Employees from Novelis are partnering with Habitat for Humanity in Kennesaw and Greensboro, Georgia, Oswego, New York, and Novi, Michigan. Employees at the firm’s Korean locations are donating their time and effort with chapters in Seoul, Yeongju, and Ulsan.
“At Novelis, giving back to our communities is a critical part of who we are as a company. Through Habitat for Humanity and the many other local organizations we support year-round, our employees demonstrate time and again their unwavering commitment to service and their neighbors,” said Novelis’ President and CEO Steve Fisher. “This donation to Habitat also aligns perfectly with our fundamental value of safety – to help ensure that everyone has a safe, decent and affordable home. We couldn’t be more pleased to increase our support to help advance this important mission.”
Novelis is a subsidiary of Mumbai’s Hindalco Industries Ltd., which is itself part of Indian multinational conglomerate Aditya Birla Group. Based in Atlanta, the firm accounts for almost half of Hindalco’s consolidated revenue. The world’s largest recycler of aluminium, Novelis conducts operations in ten different countries, employs around twelve thousand people, and reported US$10 billion in revenue for the most recent fiscal year.