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TransContainer and En + Group agreed on cooperation in the field of sustainable development
a:2:{s:4:"TEXT";s:6165:"On October 5, 2021, TransContainer, a part of Delo Group, and the leading producer of low-carbon aluminum and electricity En + Group signed an agreement on the supply of international renewable energy certificates I-REC (International Renewable Energy Certificate).
I-REC certificates confirm that the electricity purchased from their vendor is produced using renewable resources. The certificates acquired by TransContainer will fully cover the company's electricity consumption for its own needs and will ensure the reduction of greenhouse gas emissions into the atmosphere in the amount of 7.262 thousand tons of CO? equivalent.
In addition, on the same day, TransContainer and RUSAL (56.88% of the shares are owned by En + Group) signed an agreement of intent, within the framework of which it is planned to build strategic cooperation in the field of low-carbon development, in particular, to reduce greenhouse gas emissions by introducing new technologies for planning and organizing the transportation of raw materials and finished products of RUSAL. According to the document, TransContainer intends during 2022 to develop a methodology for assessing the volume of greenhouse gas emissions during transportation in accordance with international requirements and verify it with an independent auditor, as well as no later than 2023, to prepare a plan to reduce emissions for the future until 2030.
“Reducing greenhouse gas emissions is a systemic task for Delo Group. In April, we announced that we are converting two DeloPorts terminals in Novorossiysk (NUTEP and KSK) to use green wind energy, and today we confirm our commitment to the second major asset of the Group moving to the use of renewable energy sources (hydroelectric power plants). Delo Group and our sub-holdings are always extremely attentive to both the global challenges facing the logistics industry and the specific interests and goals of our clients. In the case of this project, we are going in two directions at once - not only are we reducing the carbon footprint of the logistics industry, but we are helping each of our clients to reduce the total volume of carbon emissions produced as part of the delivery of raw materials, production equipment or the final product," - commented the Chief Executive Officer of Management Company Delo Igor Yakovenko.
“The acquisition of I-REC certificates by TransContainer is the first such transaction on the Russian market of logistics services. Containers and rail transport are one of the most environmentally friendly ways of transporting goods, but we believe that to minimize the impact on the environment, purposeful work in this direction is necessary. And we are starting it by cooperating with the En + group and RUSAL, which have extensive experience in reducing environmental impact, in particular greenhouse gas emissions, " - said Alexander Isurin, President of TransContainer.
“The agreement on the supply of I-REC certificates with TransContainer is not only a new stage in our cooperation, but also a significant step towards achieving global sustainable development goals within the synergy of decarbonization programs of the Group and its partners. It is extremely important for us that the business efforts to reduce the carbon footprint can now be confirmed at all stages of the supply chain - from energy production, metal production, to its transportation to the consumer,” - said Vladimir Kiryukhin, CEO of En + Group.
“RUSAL fully recognizes the global significance of the climate change problem: since 2007, we have been consistently implementing our own goals to reduce the carbon footprint of our products and have already achieved that the level of direct specific and indirect energy emissions of greenhouse gases from the production of our ALLOW aluminum is 5 times lower than the industry average. At the same time, in the process of primary aluminum production, it is transportation that accounts for about 3 percent of all greenhouse gas emissions, and this is an industry average of about 500 kg of CO2 equivalent per ton of aluminum. The agreement between RUSAL and our long-term partner, TransContainer, is a major step towards achieving zero greenhouse gas emissions by 2050 and further improving the performance of our ALLOW brand. Therefore, I consider today's event to be a landmark for the Russian aluminum industry and metallurgy in general,” - said Chief Executive Officer of RUSAL CEO Yevgeny Nikitin.
About company
Delo Group is the largest transport and logistics holding in Russia, managing sea container terminals in the Azov-Black Sea, Baltic and Far Eastern basins, a network of railway container terminals, a fleet of containers and fitting platforms.
The Group's stevedoring business includes DeloPorts holding and Global Ports, a leading container terminal operator. The transport and logistics business of the Group is made up of the multimodal transport operator Ruscon and the intermodal container operator TransContainer that owns and operates the largest fleet of containers and flatcars over the entire 1520 standard railway network.
En + Group is the largest vertically integrated low carbon aluminum producer in the world. The group has been involved in the issuance of I-REC certificates since December 2020 and is currently providing turnkey services in this area. The certificates correspond to the volumes of electrical energy produced by the power plants belonging to the group - JSC EuroSibEnergo and LLC Abakanskaya SES.
RUSAL is the leader in the global aluminum industry. The company was founded in 2000 by Oleg Deripaska. In 2020, the company accounted for about 5.8% of global aluminum production and 6.5% of alumina. RUSAL is present in 20 countries of the world on 5 continents. RUSAL's common shares are listed on the Hong Kong Stock Exchange (trade code 486). RUSAL's common shares are traded on the Moscow Stock Exchange (trade code RUAL).
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