ALRO Group publishes its 2020 Consolidated Sustainability Report, presenting its main achievements

Wed, 06/30/2021 - 09:26

• Committed to a sustainable future and complying with the applicable international targets in this area, the Group developed a Sustainable Strategy for 2021-2025, a roadmap toward state-of-the-art investments and an engagement to sustainability principles
• Starting 2020, through its upstream subsidiary, ALUM, the Group is part of 3 major sustainability projects, while both ALRO and Vimetco Extrusion, the downstream subsidiary, joined ASI (Aluminium Stewardship Initiative), an international association that contributes to enhancing sustainability in the global aluminium sector
• Some of ALRO’s most notable milestones in the environmental area include the fact that in 2020, 79% of the water was recirculated, reaching a 96.6% degree of waste recirculation and recovery in/ from ALRO out of the total waste generated and a value of 1.369 tCO2e/tAl (cast) of specific emissions at ALRO Primary Aluminium
• Assuming its role of being a pillar of the society that promotes best practices of corporate social responsibility, the Group donated in 2020 close to RON 950,000 to organizations involved in preventing and combating the effects of the COVID-19 pandemic
• Engaged to acting in line with the best corporate governance practices, ALRO is one of the Bucharest Stock Exchange top performers, scoring 9.5 points out of 10 in the VEKTOR evaluation

Slatina, 30 June 2021– ALRO S.A. (BVB: ALR, “the Company” or “ALRO”), one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, published the Group’s Sustainability Report for 2020, highlighting key initiatives, improvements and increased efficiency in environmental, social and governance and a roadmap towards a green future that will be achieved through continuous investments in state-of-the-art technologies.

“ALRO Group is a promoter of the EU's international climate goals under the Paris Agreement and the European Green Deal. We believe that the transition to climate neutrality can bring many opportunities if applied in an appropriate framework and by integrating the best available practices in this area in all of ALRO Group’s companies”, saidMarian NĂSTASE, Chairman of the Board of Directors at ALRO. “We are looking forward to creating sustainable value in a responsible and durable manner, through careful management and latest technology integration, for all of our investors, employees, customers, local communities and other stakeholders”,added Marian NĂSTASE.

In 2020, the Group reached significant milestones in its energy efficiency program and integration of circular economy principles in its business, such as being in the top 3-5 environmentally responsible companies in Europe in the aluminium industry from a direct emissions perspective and aiming to become one of the top ten worldwide aluminium smelters[1] (excluding China) from an energy efficiency perspective in the electrolysis area by implementing the AP12LE innovative technology for its electrolysis pots.

Moreover, through its extensive investments in technology and research & development, the Group was able to reach a 79% water recirculation, a 96.6% degree of waste recirculation and recovery in/ from ALRO out of the total waste generated, as well as a 99.21% degree of traceability of the waste recoverable through third-parties within ALRO and a value of 1.369 tCO2e/tAl (cast) of specific emissions at ALRO Primary Aluminium.  As such and by achieving other sustainability criteria, while proving it applies the best available corporate governance practices, the Company obtained a 9.5 score out of 10 points in its VEKTOR evaluation.

As the Group’s investments have always met international standards, it further expanded in this area, through its subsidiaries, by collaborating in and adhering to three major sustainability projects (RemovAI, REEScue and REACTIV for ALUM) and by joining ASI (Aluminium Stewardship Initiative), an international association that contributes to enhancing sustainability in the global aluminium sector (both for ALRO and Vimetco Extrusion).

The Group will continue to remain a leader in its field and one of the pillars of the Romanian economy whilst maintaining its responsible practices towards the environment and society, even in exceptional situations. Thus, in 2020 during the sanitary crisis, the Group donated close to RON 950,000 to organizations involved in preventing and combating the effects of the COVID-19 pandemic and similar actions can be expected in the future.

Read more about ALRO Group’s roadmap, vision, strategies and aspirations to become a greener and an innovation leader in the industry by accessing the 2020 Sustainability Report available on the company’s website: https://www.alro.ro/en/sustainability-reports

[1]According to the Rio Tinto Aluminium Pechiney studies after the implementation of the AP12LE (Aluminium Pechiney Low Energy) project

For further information, please contact:

www.alro.ro

Florența Ghiță

Bucharest

Phone: +40 744 644 004

Email: investor.relations@alro.ro

Notes to the Editors:

ALRO Group

The companies part of ALRO Group are: ALRO S.A. – manufacturer of aluminium, Alum S.A. – producer of alumina, Sierra Mineral Holdings I, Ltd. – bauxite mining, Vimetco Extrusion S.R.L. – extrusion business line, Conef S.A. – holding and management company, Global Aluminium Ltd. – holding company and Bauxite Marketing Ltd - marketing. Having this structure, the Group created an integrated production chain assuring the raw materials for ALRO.

ALRO

ALRO, founded in 1961 and starting production in 1965, is a subsidiary of Vimetco N.V. (the Netherlands), a global, vertically integrated primary and processed aluminium producer. ALRO is one of the largest vertically integrated aluminium producers in Europe, by production capacity having an installed production capacity of 265,000 tonnes per annum of electrolytic aluminium, 35,000 tonnes per annum of recycled aluminium and 335,000 tonnes per annum cast aluminium. The main market for ALRO products is represented by the European Union, but the company exports its products worldwide, to more than 50 countries on all continents. ALRO is ISO 9001, ISO 14001, ISO 45001, ISO 50001 certified for aerospace production and has IATF 16949 certification for the automotive industry, ALRO’s products adhering to the quality standards for primary aluminium on the LME, as well as international standards for flat-rolled products. Starting from 18 March 2019, the Index Committee of the Bucharest Stock Exchange approved the inclusion of ALRO (code ALR) in BET, the main index of the market, and in BET-TR, the total return version of BET. ALRO’s shares have been listed on the Bucharest Stock Exchange since October 1997 and ALRO represents the first company in the aluminium industry present in these two indices. Since 16 November 2020, ALRO is a member of ASI (Aluminium Stewardship Initiative), an international association that contributes to enhancing sustainability in the global aluminium sector.