RUSAL registered its first two technological climate projects

RUSAL, one of the world's largest aluminium producers, officially registered its first two technological climate projects in the Russian Carbon Units Registry. The projects aim to enhance energy efficiency at RUSAL's Ural alumina facilities and target a total reduction in emissions of approximately 1 million tonnes of CO₂ equivalent. The move follows the issuance of RUSAL's inaugural carbon units under Russia's first nature-based climate project aligned with the Paris Agreement.

Alumina production accounts for a large share of the aluminium industry's greenhouse gas emissions. RUSAL's initiatives aim to continuously enhance energy efficiency throughout the entire technological chain of Ural's alumina factory, which is in line with the Company's updated Sustainable Development strategy through 2035.

By the end of 2024, RUSAL plans to issue carbon units from these projects, totalling over 70 thousand tonnes of CO₂ equivalent. These initiatives are both environmentally beneficial and economically sound, with the projected economic benefits exceeding USD 3 million over the next decade.

RUSAL is among the aluminium industry pioneers that implement and officially register technology-driven climate projects aimed at continuous emission reductions at alumina production facilities. This underscores RUSAL's leadership in the industry's decarbonisation effort. The Company is also developing two additional technological climate projects at its major alumina production facilities in Achinsk and Krasnoturyinsk.

"Since 2021, RUSAL's alumina division has been executing a large-scale program to identify potential CO₂ reduction measures, which laid the groundwork for the initial technological climate projects. Teams at production enterprises and division management are actively engaged in this initiative. All employees contribute relevant ideas, and the most effective practices are adopted across all facilities. These CO₂ reduction measures cut greenhouse gas emissions and other pollutant emissions, benefiting the environment and the communities," said Elena Myakotnikova, Director of Sustainable Development and a member of RUSAL's Executive Committee.

Incremental environmental action is at the core of RUSAL's strategy to achieve its 2050 net-zero target while contributing to sustainable development and accelerating the transition to a greener economy. These efforts ultimately contribute to slashing the overall carbon footprint of aluminium. RUSAL is already the world's largest producer of low-carbon aluminium, with over 95 per cent of its aluminium boasting a carbon footprint of 2.3 tonnes of CO₂ per tonne of aluminium (Scope 1&2).