TransContainer and En+ Agreed on Sustainable Development Cooperation
PJSC TransContainer of Delo Group and En+ Group, a global leader in low-carbon aluminum production and electric energy, have concluded an agreement on supply of International Renewable Energy (I-REC) Certificates.
I-REC certificates confirm that the electric energy purchased from the certificate seller was produced with the use of renewable sources. Certificates purchased by TransContainer will completely cover the volume of energy consumed by the company for its own needs and ensure the reduction of greenhouse gas emissions into the atmosphere in the amount of 7.262 thousand tons of CO2 equivalent.
Besides, TransContainer and RUSAL (56,88% shares are owned by En+Group) have concluded a memorandum of intent within the framework of which the companies will build up strategic cooperation in the field of low-carbon development, including reducing greenhouse gas emissions, through implementation of new technologies when planning and arranging raw materials and RUSAL’s products transportation. According to the document, in the course of 2022 TransContainer intends 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, and no later than 2023 draft a less-emissions perspective plan to the year 2030.
“Reducing greenhouse gas emissions is a systemic task for Delo Group. In April, we announced that “green” wind power will be used at two DeloPorts terminals in Novorossiysk (NUTEP and KSK), and today we confirm our commitments by the fact that the second major asset of the Group is switching to the use of renewable energy sources (hydroelectric power plants). Delo Group and our sub-holdings invariably pay utmost attention to both the global challenges facing the logistics industry and the specific interests and goals of our customers. By implementing this project, we achieve two aims at once: we do not only reduce the carbon footprint of the logistics industry, but also help each of our customers to reduce the total volume of carbon emissions produced during delivery of raw materials, production equipment or the final product," commented Igor Yakovenko, CEO of Delo Management Company.
“Purchase of I-REC certificates by TransContainer is the first transactions of such a kind in the Russian market of logistics services. Containers and railway transport are one of the most eco-friendly means of cargo transportation, however we believe that targeted actions in this area are required in order to minimize the impact on the environment. And our first action is establishing cooperation with En+ Group and RUSAL company which have a great experience in reducing environmental impact, particularly greenhouse gas emissions,” noted Aleksandr Isurin, President of PJSC TransContainer.
“Agreement on supply of I-REC certificates concluded with PJSC TransContainer is a new stage of our cooperation, as well as a significant step towards achieving global goals of sustainable development within the synergy of decarbonization programs of the companies belonging to the group and their partners. It is essential for us that the business's efforts to reduce its carbon footprint can now be validated at all stages of the supply chain - from energy production, metal production, to its transportation to the consumer," said Vladimir Kiriukhin, CEO of En+ Group.
“RUSAL fully recognizes the global significance of the climate change problem: since 2007, we have been consistently reaching our own goals to reduce the carbon footprint of our products and have already made the level of direct specific and indirect energy emissions of greenhouse gases during production of our ALLOW aluminum 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,” pointed out Evgenii Nikitin, General Director of RUSAL.