Company
En+ 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+ 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+ 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+ 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+ 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)
4.2 mtpa
aluminium production capacity
The largest independent hydropower generator
15.2 GW
installed hydropower electricity capacity
EBIDTA margin
14.7%
as at 2023 FY results
Environmental protection investments
USD 207 mn
in 2023
Robust corporate governance
2/3
of INEDs on the Board
Leading the fight against climate change
En+ is committed to become a global leader in addressing climate change mitigation issues. In 2021, En+ announced a goal to achieve carbon neutrality by 2050. The Company also has a medium-term goal to reduce greenhouse gases by 35% by 2035 (compared to 2018).
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.