Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

25 SEPTEMBER 2019 AL CIRCLE

Rusal enters into a sustainability linked syndicated finance facility by Russian international banks

EDITED BY : BEETHIKA BISWAS 2MINS READ

RUSAL, a leading global aluminium producer has announced its plan to enter into a new five-year USD 750 million Sustainability Linked Pre-Export Finance (PXF) facility. It is for the first time such a syndicated facility is arranged by international commercial banks in Russia.

rusal

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The proceeds of the facility will be used to partly refinance the principal outstanding under the existing up to USD 2 billion pre-export finance facility that was drawn in May 2017.

“This sustainability linked Pre-Export Finance facility is further proof that the Company is at the forefront of the projects that are aimed at cutting down the world’s carbon footprint. We are glad to see the appreciation of the Company’s comprehensive sustainability initiatives from the banking community. For us this transaction is not only another important step towards the refinancing of the Company’s debt optimizing maturities and financing costs, but also proves the support we have for our ecological strategy from the experts in that field”, said Evgenii Nikitin, RUSAL’s CEO.

ING and Natixis will work as Coordinating Mandated Lead Arrangers and Bookrunners of the facility for Rusal. Natixis and Societe Generale are acting as Sustainability Coordinators.

The margin of finance offered will depend on Rusal’s fulfilment of key performance indicators related to environmental impacts and sustainable operations.

The syndicate was launched in early September and the Russian and international banks active on the Russian syndicated loan market took interest in the facility. It will be closed by mid-October and as of today; Rusal has received commitments for a total amount of USD 725 million, subject to satisfactory documentation.

RUSAL is the largest producer of “green” aluminium in the world fuelled by hydropower. Its low carbon aluminium, ALLOW, has a carbon footprint four times lower than the industry average. Rusal continues to invest on R&D on carbon emission and other sustainability programme.

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