Atlanta’s rolled aluminium firm Novelis Inc. announced this week a US$10 million donation to Children’s Healthcare of Atlanta as part of the hospital’s ongoing fundraising campaign.
Per Novelis, the US$10 million donation will be paid out over a five-year period. The donation is part of Children’s Healthcare of Atlanta’s “Never Settle: A Campaign for Kids” fundraising effort. The fundraiser is the biggest ever in the hospital’s history and will support a US$2.4 billion investment in the system that is expected to propel it for the next century.
Novelis President and CEO Steve Fisher said in a press release that the US$10 million donation is part of a wider CSR push.
“This is a historic moment for Novelis to support a campaign with the potential to transform children’s medical care in Georgia and beyond. Novelis’ donation is a great complement to the efforts of the Aditya Birla Group Centre for Community Initiatives and Rural Development, which has had tremendous impact to well-being by running more than 500 medical camps and 20 hospitals, treating more than one million patients and immunizing 70 million children against polio, among other achievements.”
Janine Musholt, President of the Children’s Foundation, noted the impact Novelis’ donation is expected to have on the hospital.
“We share Novelis’ commitment to sustainability, which contributes significantly to our team’s ability to achieve optimal health outcomes for all children, and advance advocacy for the most vulnerable in our society. As the only freestanding pediatric healthcare system in Georgia, it is our responsibility to serve both current and future generations of children and Novelis’ generous support will help us achieve that objective.”
Novelis is a subsidiary of Mumbai’s Hindalco Industries Ltd. 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 eleven thousand people, and reported US$17.1 billion in net sales for the most recent fiscal year.
