RUSAL has recently published its annual Sustainability Report for the year of 2020, a year dominated by the COVID - 19 pandemic, which brought further challenges to the industry.
RUSAL's commitment to its sustainable development agenda claims to have been enhanced by the challenges set by the COVID-19 pandemic. Working on solutions to global challenges, with sustainability at the forefront of their attention, by offering timely and effective assistance to local communities, RUSAL focused on all aspects of sustainability during the period. The Company has demonstrated its commitment to sustainability with the implementations of environmental, social and management programs that meet the UN’s seven priorities.
RUSAL’s report is structured around the sustainable developments of the company, sectioning the development into the categories: community, ecology and management. Key points from the report can be seen below:
Sustainable Community:
One of RUSAL’s most significant project of 2020 was the construction of the medical centres built to combat COVID-19. Stocked with state-of-the-art equipment and build in a short period of time, the total cost of the construction cost around Four billion rubles in Russia and across the Globe.
Sustainable Ecology
Following the company’s commitment to a transparent approach on information regarding greenhouse gas emissions in 2015, RUSAL claims to be one of the world's leading companies of the Carbon Disclosure Project (CDP) rating’s in 2020. RUSAL was awarded a medal in the prestigious EcoVadis sustainable development rating.
Sustainable Management
In 2020, sales of low-carbon aluminium under the ALLOW brand increased by more than 1.7 times; the carbon footprint of ALLOW products is less than 4 tons of CO2 equivalent per ton of aluminium.
At the beginning of 2021, RUSAL announced an ambitious strategy to achieve carbon neutrality by 2050 as part of the Net Zero initiative. The implementation of these plans will contribute to the full disclosure of the Company's potential in the field of sustainable development.
Evgenii Nikitin, General Director of RUSAL, noted:
"The world is moving towards integrating ESG principles into a number of determining factors of business, so the basis of our strategic vision is social responsibility, the transition to a "green" aluminium industry and achieving carbon neutrality by 2050.”
Evgenii Nikitin, General Director of RUSAL
Evgeny Shvarts, an independent non-executive Director of the RUSAL’s Board of Directors, Head of the Center for Responsible Use of Natural Resources, Institute of Geography of the Russian Academy of Sciences, commented:
"… sustainable development and environmental responsibility play a crucial role in maintaining public confidence in business… The transparency of the information provided to society, the authorities, investors, and the media should constantly increase. It is only in this way that businesses will be able to earn trust and recognition.”
Evgeny Shvarts, an independent non-executive Director of the RUSAL’s Board of Directors, Head of the Center for Responsible Use of Natural Resources, Institute of Geography of the Russian Academy of Sciences
RUSAL has been preparing and publishing sustainability reports in accordance with the standards of the Global Reporting Initiative, the principles of the Global Compact and the UN Sustainable Development Goals, as well as the Aluminium Stewardship Initiative Association since 2006. The report on RUSAL's sustainable development for 2020 has been independently certified by the international audit and consulting company EY.
For more information on the report, visit: