Company
En+ Group is the world’s largest producer of low-carbon aluminium and biggest independent hydropower generator
With an annual production capacity of 3.9 mmt of aluminium, En+ Group is the largest aluminium producer in the world (ex-China), while our 15.1GW of installed hydropower capacity makes us the largest independent hydropower company globally. The Group has a well-established presence across five continents and c.90,000 employees.
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12
countries of operation
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c.90,000
employees worldwide
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3 of 20
the world's largest HPPs
Symbiotic combination
of assets
En+ Group’s core operations are in Siberia, Russia, where the Group’s largest aluminium smelters and HPPs are located. The geographic proximity and complimentary combination of our assets form En+ Group’s vertically integrated business model. Aluminium production is powered by renewable hydropower, lowering costs and emissions. The Group ranks in the first decile of the global cost curve while producing carbon emissions that is less than four times the industry average. Moreover En+ Group is the only vertically-integrated aluminium company able to fully meet its own hydropower and alumina needs as well as having a c. 80% self-sufficiency in bauxites and nephelines, which represent two-thirds of our costs.
Key figures
The world’s largest aluminium producer (ex-China)
3.8 mtpa
aluminium production capacity
The largest independent hydropower generator
15.1 GW
installed hydropower electricity capacity
EBIDTA margin
18.8%
as at 2022 FY results
Environmental protection investments
USD 243 mn
in 2022
Robust corporate governance
2/3
of INEDs on the Board
Leading the fight against climate change
We are committed to becoming a world leader in addressing the climate crisis. The Company invests in modern equipment to enhance production efficiency and reduce the environmental impact of its operations:
- Our Metals segment’s environmental strategy targets a reduction in specific GHG emissions by 15% at our smelters and 10% at our alumina refineries (from 2014 levels).
- Our Power segment is implementing an HPP modernization programme which is on track to deliver 2 TWh more electricity from the same amount of water passing through our turbines by 2022, reducing our carbon emissions by 2.3 mtpa.
Future-oriented
We are working to develop our inert anode technology, which has the potential to drastically reduce the emissions associated with aluminium production. In our power generating business, the Group is also developing perovskite solar cell technology, a new generation of photovoltaics.
En+ Group actively supports the development of industry innovation.
Committed partner
The Group plays a leading role in the sustainable development of regions in which it operates and has a wide range of projects aimed at preserving eco-systems, bolstering social dialogue and enhancing living conditions for local communities. Examples include the comprehensive conservation programme En+ Group is undertaking around Lake Baikal—a multi-disciplinary approach encompassing scientific research, voluntary initiatives and educational platforms.
Proven track record
Through strategic acquisitions, asset consolidations and organic growth, the Company has developed into a leading global vertically integrated hydropower and aluminium producer.