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En+ Group Publishes Sustainability Report

Press releases

18

september, 2019

18 September 2019 — EN+ GROUP IPJSC (the “Company”“the Group” or “En+ Group”) (LSE: ENPL; MOEX: ENPL), a leading international vertically- integrated aluminium and power producer, today announces that its Sustainability Report for the year ended 31 December 2018 is now available on the Company’s website at https://www.enplusgroup.com/en/investors/results-and-disclosure/.

This is the first Sustainability Report since the Company’s listing on the London Stock Exchange. It demonstrates En+ Group’s commitment to continuously enhancing its environmental, social and governance ("ESG") performance, as well as supporting an industry-wide shift towards a low-carbon global economy. The Sustainability Report covers En+ Group’s 2018 achievements and highlights areas for improvement.

The report has been prepared in accordance with the Global Reporting Initiative ("GRI") Sustainability Reporting Standards. It aims to provide transparency and includes in-depth disclosure of non-financial information pertaining to material ESG issues.

Lord Barker, Executive Chairman of En+ Group, said:

“I am proud to present En+ Group’s first Sustainability Report following a year of transformation. Today we are positioned to lead the global aluminium industry towards a more sustainable future. En+ Group is the world’s largest producer of low carbon aluminium - a material central to the low carbon economy of the future. We have set unprecedented new standards of corporate governance and transparency, both in terms of financial disclosure and in reporting our environmental and social programmes performance, which is critical to our sustainable business model. We employ over 98,000 people across five continents, touching diverse cultures and ecosystems. We recognise our responsibility and we take it very seriously.

This first report sets out our key ESG programmes, measures our performance and also looks to the future. We will be setting new, ambitious targets for the coming years, and I look forward to updating stakeholders on our continued progress.”

Vladimir Kiriukhin, CEO of En+ Group, said:

“2018 was another year of significant progress on the Group’s sustainability objectives. Despite unprecedented headwinds, the Group has made further strides on our environmental and social programmes – we have cut our GHG emissions further, we have increased the efficiency of our energy business, and we have continued to drive our environmental innovation projects. We have reported progress on our far-reaching community programmes and continue to drive the highest standards of health and safety throughout our operations. Lake Baikal is a major focus of our environmental work. We are working towards a multi-stakeholder strategy that will address the human impact on this UNESCO world heritage site. None of these results would be possible without the dedication of our teams across the world, and their ongoing work with our global stakeholders.”

The report covers activities undertaken from 1 January 2018 to 31 December 2018, including some key activities conducted during 2019. 

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