The annual Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) is one of the most critical global events dedicated to combating climate change. During COP, countries and leading companies discuss ways to reduce greenhouse gas emissions, adapt to a changing climate, and accelerate the transition to sustainable development. COP29 took place in Baku this year, bringing together world leaders, experts, and business representatives.
RUSAL, one of the largest producers of low-carbon aluminium, reaffirmed its commitment to the global climate agenda by presenting key initiatives and achievements at the conference.
Innovative solutions for a sustainable future
At COP29, RUSAL unveiled a unique digital platform designed to facilitate resource sharing, networking, and the exchange of best practices. Elena Myakotnikova, the company’s Chief Sustainability Officer, highlighted that this solution aims to strengthen international collaboration and enhance efficiency in sustainability efforts. The platform enables the unification of diverse stakeholders, which is especially crucial in addressing growing climate challenges.
Forestry climate project: Contributing to carbon balance
RUSAL continues to implement large-scale forestry climate project aimed at preventing forest fires and reducing the carbon footprint. The company has successfully registered over 1.3 million carbon credits in the Russian carbon registry through its aviation-based forest protection program. These credits are utilized inter alia for international transactions, demonstrating RUSAL’s readiness to integrate into global climate mechanisms.
Supporting low-carbon development
At COP29, discussions centred around international standards for low-carbon development. This direction is key for RUSAL: the company is committed to reducing emissions at every stage of aluminium production. By utilising hydropower at its facilities and developing new production technologies, RUSAL produces environmentally friendly aluminium that is in high demand on the global market.
A model for the global community
RUSAL’s active participation in the global climate agenda positions the company as a model for other enterprises. Its collaboration with international organisations, promotion of sustainability initiatives, and adoption of innovative solutions illustrate that transitioning to a low-carbon economy is achievable through joint efforts by businesses, governments, and society.
Note: This article, issued by RUSAL, is published as received without edits from AL Circle.
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