EN+ chairman calls for mandatory carbon disclosure for aluminum producers

摘要

Carbon disclosure – or reporting of carbon emissions produced – needs to be mandatory for the aluminum industry as soon as possible, Gregory Barker, executive chairman of EN+, parent company of Russian aluminum producer Rusal, said this week. To this end a low-carbon aluminum futures contract needs to be introduced, so that aluminum producers and buyers can better manage their price risks, he said. While aluminum has many low-carbon applications, from electric cars to sustainable, recyclable packaging, aluminum production itself still contributes over 2% of the world’s total emissions and the aluminum sector “cannot wait,” he said in an interview with S&P Global Platts. “We are very clear. The aluminium industry has to wake up and take climate change seriously. Carbon disclosure needs to be mandatory. The transition to a low-carbon economy is not an optional extra. It is an imperative,” Barker said.