Delo Group and En+ conclude Russia's largest deal with Carbon Zero green certificates
Delo Group and Russian power and metallurgical holding En+, global largest producer of low-carbon aluminium and renewable energy generator, have concluded the biggest deal in Russia with Carbon Zero green certificates.
According to the deal, Delo Group redeemed 30 million certificates confirming the production of electricity at the Krasnoyarskaya HPP (part of En+ Group). The certificates will provide compensation of greenhouse gas emissions in the amount of more than 10 thousand tons of CO2 equivalent.
Delo Group became the first Russian logistics company to acquire green certificates under the Carbon Zero national voluntary standard. The certificates were handed over during the 27th International Exhibition of Transport and Logistics Services, Warehouse Equipment and Technologies TransRussia.
"Delo Group pays special attention to ESG direction and strives to follow the best Russian and international practices in this area. We already have a positive experience of cooperation with En+ in the field of green energy, and we are confident that in the future we will be able to achieve great results in the promotion of responsible energy consumption and sustainable development principles in our country," said Elena Svirina, Vice President - Financial Director of Delo Group.
"Today's deal is an important milestone in the development of Russia's voluntary green certificate standard and once again confirms the desire of Russian companies to stay the course for sustainable development, as well as En+'s commitment to producing clean energy. We have repeatedly declared our intention to continue issuing green certificates, which we will now do together with our partners," notes Anton Butmanov, En+ Sustainability Director.
"We congratulate Delo Group on becoming the first logistics company to redeem green power certificates in accordance with the Russian voluntary standard. Participation in circulation of certificates of En+, one of the leading Russian renewable energy producers, as well as support of ESG Alliance reflects the interest of businesses in the voluntary decarbonization tool markets and the need for their further development in Russia," - said Vladislav Berezovsky, Carbon Zero Development Director.
"ESG Alliance welcomes this deal between our founders. The companies of the Alliance are pioneers of ESG-transformation and leaders of sustainable development agenda. In a situation of no access to usual Western infrastructure, in particular the I-REC standard, they continue to demonstrate a commitment to ESG principles by setting themselves an excessive bar that exceeds the so-called "hygienic" minimum. We hope that this initiative will give an impulse to the development of voluntary decarbonization tools market in Russia, not only the Alliance companies but also other major market players will join it," - commented Andrey Sharonov, ESG Alliance General Director.
The deal was concluded under the auspices of National ESG Alliance - association of the largest Russian companies - leaders of ESG-transformation in their industries, which includes Delo Group. The broker was the consulting company Carbon Zero, which acts as the Carbon Zero standard developer, draws up and maintains green certificates registry, as well as provides services for their purchase and sale. < Back to list