En+ International public joint stock : Group receives top rating from CDP

En+ Group, the world's leading producer of low carbon aluminium and largest private sector generator of hydropower, announces that the Group's metal segment, RUSAL, has become the first aluminium producer globally to receive an 'A' level rating from CDP.

RUSAL was rated 'A-' by CDP in recognition of its actions to address climate risks across the entire supply chain. The business currently sources 98% of the energy for its smelting operations from En+ Group's hydropower plants and has reduced direct greenhouse gas emissions from these smelters by 11% since 2014.

The average emissions for all EN+ aluminium are 2.6 tCO2/tAl for all sources related to producing aluminium from alumina at smelters. Average equivalent carbon emissions for Chinese aluminium are 16.2 tCO2/tAl; average carbon emissions for World aluminium are 12.6 tCO2/tAl.

Over the past two decades, En+ Group has invested more than $1.75 billion in environmental projects. The business is planning to invest a further $715 million to implement efficiency improvements and scale-up ground breaking innovations such as inert anode technology, which is set to revolutionise the industry by enabling smelters to emit oxygen rather than CO₂.

Lord Barker, Executive Chairman of the Board of Directors of En+ Group, said:

'The future of En+ Group depends on aligning our climate ambitions with the countless green businesses worldwide who rely on aluminium to make possible a low-carbon future.

Our planet needs a united front against the climate crisis. So we are working consistently with our peers, customers and investors to lead the aluminium industry into the low-carbon economy. With this welcome recognition, we will strive at every stage of production to enhance efficiency, embrace innovation and respect our role as stewards for the communities and ecosystems around us.'

The key goal of the CDP rating is to increase corporate transparency and encourage environmental initiatives. In 2020, more than 9,600 companies have disclosed a CDP rating - 14% more than last year.