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En+ Group Sustainability Report Sets Stretching New Targets

Published 07-20-21

Submitted by EN + Group

Hydropower plant

July 20, 2021 /CSRwire/ - EN+ GROUP, the world’s largest producer of low carbon aluminium, today published its 2020 Sustainability Report. The report, which is available on our website at https://enplusgroup.com/en/sustainability/sustainability-report/, details achievements over the 12 months to 31 December 2021, tracks progress of ongoing initiatives and programmes and sets out our significant short-term sustainability targets and long-term ambitions.

In addition to restating En+ Group’s ongoing commitment to continuous ESG performance improvement, the report outlines two industry leading developments announced in early 2021: the development of the world’s lowest carbon aluminium from inert anode technologies; and the Company’s stated ambition to achieve net zero emissions by 2050.

2020 highlights include:

  • a total social investment of USD71m which covered our 2020 response to the pandemic, including the delivery of vital food and supplies to 16,000 elderly and retired employees, development of a 60-bed COVID-19 hospital in Guinea, and the construction of 7 COVID-19 centres for communities in Russia;
  • ongoing progress of the New Energy Programme which was launched in 2007 and will deliver widescale modernisation of our hydropower plants in Siberia. While investment in the programme runs to 2046, its impact is immediate - it is expected it will lead to an increase in our generation of renewable energy of 2bn kWh by 2022
  • becoming the first power producer and supplier in Russia to trade I-RECs, with each certificate representing one megawatt hour of electricity produced through our renewable energy sources. This underlines the company’s complete focus on addressing the global climate crisis and commitment to transparency;  
  • significant progress in our EHS management system, resulting in 22% reduction in occupational diseases, and driving the introduction of 13 new programmes of personal safety self-assessment;
  • a Carbon Disclosure Project rating of ‘A-‘ for the metals segment, a first for the aluminium industry, and establishing us as one of the 160 leading CDP companies out of more than 4,800 participants committed to reducing climate risk throughout the entire supply chain.

Other notable developments include:

  • the establishment of 8 new ESG policies, underlining our commitment to the highest standards in corporate governance;
  • a USD139,000 investment in a pilot project of charging stations for electric vehicles in Siberia; and,
  • the introduction of eco-friendly pitch at Krasnoyask smelter which will contribute to a 60% reduction in benzoapyrene emissions in the coming years.

Lord Barker, Executive Chairman of En+ Group, said:

“I am proud of the clear and wide ranging ESG progress that we made in 2020, especially given the extraordinarily challenging operating conditions created by the pandemic. However that did not stop us continuing to drive forward our ambitious sustainability mission and preparing the ground for the two most significant announcements we have ever made in relation to our sustainability performance: our industry-leading targets for greenhouse gas emissions reduction, with a clear ambition of achieving net zero emissions by 2050; and the success of our new-generation inert anode electrolysers allowing us to produce the lowest carbon aluminium ever created.

As the world’s largest producer of low carbon aluminium, En+ Group’s commitments and achievements are fundamental to the transformation of the wider industry. We are determined to continue to lead our sector to a greener, and ultimately net zero, future.”

Vladimir Kiriukhin, CEO of En+ Group, said:

“Much has been written about the impact of the pandemic on families, communities and businesses around the world. Our 2020 Sustainability Report details En+ Group’s response to the challenges we faced. I am proud of the Company’s commitment to the health and wellbeing of its people, past and present, and humbled by the dedication shown by our employees across the world. Most notable, , was the commitment shown by workers at our hydropower plants and smelters, many of whom volunteered to isolate themselves from their families and friends, often for weeks at a time, to maintain the steady supply of renewable energy that homes and businesses across Siberia rely upon. Their selflessness at such a critical time was essential for millions of people.”

The report has been prepared in accordance with the Global Reporting Initiative ("GRI") Sustainability Reporting Standards. It aims to provide transparency around the Company’s 2020 achievements and highlights areas for improvement. It includes in-depth disclosure of non-financial information pertaining to material ESG issues.

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EN + Group

EN + Group

En+ Group is the world’s leading international vertically integrated aluminium and power producer. The Company combines power plants with a total installed capacity of 19.6 GW (including 15.1 GW of hydro power assets), and 3.9 mt of annual aluminium production capacity (through a controlling stake in RUSAL, the world’s largest aluminium producer ex-China in 2018) which is the major consumer of En+ Group’s hydroelectricity

https://enplusgroup.com/en/

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