En+ first Russian company with UN recognised Energy Compact
(Posted on 07/12/21)
En+ Group, the world’s largest producer of low carbon aluminium, has received confirmation from UN Energy that its commitments to expanding clean energy generation and access have been officially recognised as an Energy Compact. The compact covers energy efficiency measures under its “New Energy” Modernisation programme, as well as its supply of International Renewable Energy Certificates (I-RECs) to customers around the world.
Energy Compacts were launched by UN Energy as voluntary commitments by countries, businesses, and cities to support SDG 7 by accelerating the transition to clean energy and improving energy access for billions of people. En+ Group is one of just 28 companies globally with a recognised compact and the first in Russia to make such a commitment.
Through modernisation, the company’s “New Energy” programme is boosting the electricity generated by its hydropower plants using the same volume of water passing through the turbines. This expanded renewable capacity can be used to substitute coal-based power and is expected to cut carbon emissions by 26.6 Mt between 2007 and 2025.
Since December 2020, the company has also been a major issuer of I-RECs, which provide purchasers an opportunity to buy renewable energy even when they cannot source it directly from their local grid. Each certificate is verified to international standards and corresponds to a set amount of clean energy produced by En+. Over the last year, the company has issued more than a million certificates and predicts annual sales could reach between 2.5 and 3.5 million.
Lord Barker of Battle, Executive Chairman of En+ Group, said, “En+ Group is proud to be recognised as a global leader on clean energy. Our Energy Compact holds us to some big commitments, and we are pushing ahead with clean actions to realise our vision for a low-carbon economy.
We hope that our programme can serve as an inspiration to other businesses to step up and make the changes necessary to safeguard our planet for future generations.”
Latest News
NGFA applauds reintroduction of HAULS Act
(Posted on 24/12/25)The National Grain and Feed Association (NGFA) has applauded Senator Deb. Fischer’s (R-Neb.) reintroduction... Read more
Anglo American and Teck receive approval for merger of equals
(Posted on 18/12/25)Anglo American plc and Teck Resources Limited have received regulatory approval from the Government... Read more
Rhodes Ridge $191m feasibility study on Pilbara iron ore mine
(Posted on 18/12/25)The Rhodes Ridge Joint Venture has approved a $191 million (A$294 million) (Rio Tinto share $96 million... Read more
Strong metals trading as Trafigura publishes annual results
(Posted on 09/12/25)Trafigura Group Pte Ltd, a global leader in the commodities industry, has announced its financial results... Read more
Rio Tinto’s Nuton technology produces first copper
(Posted on 09/12/25)Rio Tinto has successfully produced the first copper from the Johnson Camp mine in Arizona using its... Read more
US soy and Uzbekistan sign MoU to expand trade
(Posted on 02/12/25)The American Soybean Association’s World Initiative for Soy in Human Health programme and the... Read more
KNAC and Rio Tinto sign updated agreement
(Posted on 02/12/25)Karlka Nyiyaparli Aboriginal Corporation (KNAC) Registered Native Title Body Corporate and Rio Tinto... Read more
OCI Global announces sale of OCI Ammonia Holding to AGROFERT
(Posted on 02/12/25)OCI Global, a leading global producer and distributor of nitrogen products has announced that it has... Read more
Court of Appeal confirms permit for new steel plant in Luleå
(Posted on 24/11/25)In December 2024, SSAB was granted a permit by the Land and Environment Court at Umeå District... Read more
Simandou partners celebrate start of operations
(Posted on 15/11/25)The President of the Republic of Guinea has joined project partners WCS1, Baowu, Chinalco and Rio Tinto... Read more
