En+, the Russian energy and metallurgical holding company and a global leader in low-carbon aluminum and renewable electricity, has published its third report detailing progress toward carbon neutrality by 2050. The document was presented to a diverse audience of analysts, institutional investors and industry experts during a Climate Partnership business breakfast. En+ was represented by Sustainable Development Director Irina Bakhtina, Capital Markets and Financial Products Director Elena Ivanova, Climate Risk Department Director Alexey Spirin, and Rusal’s official representative for foreign relations Sergei Chestnoy. The report emphasizes governance, measurement, and ongoing collaboration with partners across the energy and metals value chain as it outlines current achievements and the path ahead.
At the outset, Bakhtina stressed that En+ was among the first Russian companies to set explicit targets for carbon neutrality and remains on track to meet them despite external headwinds, sanctions-related constraints, and the steady push of international standards into practice. She noted that the company’s approach relies on internal capabilities, long-term planning, and careful performance monitoring rather than simply copying generic best practices. This mindset helps the group stay resilient while pursuing a path that aligns with national policy and global expectations.
Commitment to strategy
En+ continues to operate within the framework of its previously announced strategic plans to achieve carbon neutrality. A central milestone remains the intermediate target of reducing greenhouse gas emissions by 35% by 2035. By the end of 2024, roughly eight out of ten units in the holding’s portfolio had transitioned to low-carbon energy sources, with the rest progressing toward that goal. The decarbonization program concentrates on three core pillars within the energy segment: deploying energy-saving technologies, building new generation facilities including hydro and wind power plants, and modernizing existing hydroelectric power plants under the New Energy program. The objective is to create a more flexible and resilient energy system that supports industrial activity while lowering environmental impact.
In addition, the company is expanding its portfolio of services to provide Russian industrial enterprises with easier access to green energy. Green certificates have become a key component of this strategy, and En+ led the Russian market in sales in the preceding year, underscoring the demand for verified low-emission electricity and credible offsetting mechanisms.
“En+ has made a significant and decisive contribution to the development of a local certification system for green energy qualifications. Other countries should know that such a system has been developed in the Russian market, operates effectively, and aligns with international standards,” stated Oleg Barkin, Deputy Chairman of the Board of Directors of the NP Market Council Association.
Climate risks
The expert community welcomed En+’s thorough analysis of climate risks that could affect the water content of Siberian rivers through 2100 and the range of adaptive measures designed to respond to changing hydrological conditions. The importance of hydropower as a tool for climate adaptation was highlighted by Vadim Petrov, Chairman of the Roshydromet Public Council and Deputy Director of the All-Russian Research Institute of Ecology, who noted that hydro facilities play a dual role in grid stability and infrastructure protection during periods of elevated water flow.
“Today, hydropower is becoming a critical instrument for climate adaptation, as hydraulic structures help safeguard the safety of urban infrastructures in high-water scenarios. Hydroelectric facilities like En+ hydroelectric plants not only ensure stable production but also shield critical networks from climate risks. This contribution supports climate security at a national level,” he noted.
Metallurgy segment
The path to carbon neutrality also extends to En+’s metallurgical division. The report indicates that aluminum smelters will transition to prebaked anode technology, a shift that promises substantial reductions in greenhouse gas emissions. Energy-saving technologies will be deployed across the alumina plants to enable the deployment of modern strategies to capture and reduce process emissions. This plan is designed to integrate the best available technologies across the value chain while maintaining product quality and supply reliability.
“In the context of building a global system that tracks products by their carbon footprint, the unique experience of En+ and its metallurgical arm Rusal becomes important for delivering green aluminum to markets such as Turkey. The market is clear, transparent, and aligned with a credible carbon footprint,” commented Vsevolod Gavrilov, director of Sberbank’s project management directorate in energy saving and environmental management.