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- RUSAL Receives Highest ESG Ranking from China's Leading Agency
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- Press-releases
- RUSAL Receives Highest ESG Ranking from China's Leading Agency
10.02.2025
RUSAL Receives Highest ESG Ranking from China's Leading Agency
Moscow, 10 February 2025 – RUSAL, one of the world's largest aluminum producers, received an ESG ranking from the Chinese rating agency China Chengxin Green Finance Technology (CCXGF).
The agency has assigned RUSAL the highest-category ranking of "A-". The expert assessment was made based on 17 key indicators of the Company’s environmental, social and corporate governance performance.
"China is a high-potential market with a growing demand for low-carbon footprint products. An independent assessment of RUSAL's operational efficiency in matters of sustainable development and ESG risk management is important for local customers. In 2024, three of the Company's aluminum smelters, including the two largest ones, Krasnoyarsk and Bratsk smelters, received the Green Power Aluminum certificates from the China Nonferrous Metals Industry Association for low-carbon production. The ranking once again confirms the Company's high profile in the field of sustainable development," says Evgenii Nikitin, RUSAL's CEO.
Since 2023, RUSAL has been implementing the 2035 Sustainable Development Strategy with an ambitious goal to make sustainability affordable across the aluminium value chain. By driving the so-called decoupling effect, the company aims at creating a new class of assets in the non-ferrous metals sector, future fit by meeting the low-carbon and circular economy demands.
CCXGF is a subsidiary of China Chengxin International Credit Rating Co. (CCXI), the largest Chinese credit rating agency with the largest market share in the domestic market of China. The agency focuses on ESG ratings, ESG bond verification and other projects in the field of sustainable development.
The agency has assigned RUSAL the highest-category ranking of "A-". The expert assessment was made based on 17 key indicators of the Company’s environmental, social and corporate governance performance.
"China is a high-potential market with a growing demand for low-carbon footprint products. An independent assessment of RUSAL's operational efficiency in matters of sustainable development and ESG risk management is important for local customers. In 2024, three of the Company's aluminum smelters, including the two largest ones, Krasnoyarsk and Bratsk smelters, received the Green Power Aluminum certificates from the China Nonferrous Metals Industry Association for low-carbon production. The ranking once again confirms the Company's high profile in the field of sustainable development," says Evgenii Nikitin, RUSAL's CEO.
Since 2023, RUSAL has been implementing the 2035 Sustainable Development Strategy with an ambitious goal to make sustainability affordable across the aluminium value chain. By driving the so-called decoupling effect, the company aims at creating a new class of assets in the non-ferrous metals sector, future fit by meeting the low-carbon and circular economy demands.
CCXGF is a subsidiary of China Chengxin International Credit Rating Co. (CCXI), the largest Chinese credit rating agency with the largest market share in the domestic market of China. The agency focuses on ESG ratings, ESG bond verification and other projects in the field of sustainable development.
Latest news
20.03.25
RUSAL is switching its aluminum production to eco-friendly petroleum pitch for the first time in the industry's history
Moscow, March 20, 2025 - RUSAL, one of the world's largest aluminum producers, is for the first time in the industry's history switching its aluminum production to anodes using environmentally friendly petroleum pitch on a commercial scale. Coal tar pitch is traditionally used in anodes during electrolysis all over the world; the industrial use of petroleum pitch, which significantly reduces the emission of harmful substances, was previously considered impossible. RUSAL has invested about 100 million rubles in scientific research and development of petroleum pitch.
14.03.25
RUSAL announces results for the year ended 31 December 2024
Moscow, 15 March 2024 – RUSAL (SEHK: 486; Moscow Exchange: RUAL), a leading global aluminium producer, announces its results for the year ended 31 December 2024.
27.02.25
RUSAL Launches Production of Rare-Earth Metal Scandium
Moscow, 27 February 2025 – RUSAL, one of the world's largest aluminium producers, is setting up a pilot production facility for scandium oxide with an annual capacity of 1.5 tonnes. Scandium is a valuable rare earth metal, and RUSAL was the first in the world to develop and implement aluminium-scandium alloys. These alloys are used in the production of ultra-lightweight components for civil shipbuilding, railway car manufacturing, and 3D printing of high-tech prosthetics. The total global production of scandium oxide is estimated at 20-25 tonnes per year.
17.02.25
RUSAL Integrates Its Smelters into Aluminium Recycling Program
Moscow, 17 February 2025 – RUSAL, one of the world's largest aluminium producers, has integrated four of its Russian smelters into a programme focused on processing and incorporating aluminium scrap into primary metal production. The Volgograd Aluminium Smelter — the pioneer and leader of this initiative — increased its recycling volume by 74%. The use of scrap helps reduce the carbon footprint of both the metal and its end products, while highlighting one of aluminium’s strategic advantages — the ability to be infinitely recycled without any loss of quality.
04.02.25
RUSAL Leverages AI to Enhance Aluminium Ingot Quality Control
Moscow, 4 February 2025 - RUSAL, one of the world’s largest aluminium producers, has deployed artificial intelligence to enhance the microstructure analysis of aluminium ingots. This proprietary technology reduces analysis time from several hours to just 15 minutes, streamlining quality control and minimizing repetitive manual tasks.