Aluminum Corporation of China issued green bonds for the first time to implement "double carbon" and took a key step.

On June 1, 2021, under the guidance of the Association of China Interbank Market Dealers, Aluminum Corporation of China (hereinafter referred to as "Aluminum of China" or "the Company") worked with financial institutions to successfully issue green ultra-short-term financing bonds (carbon neutral bonds) for the first time, with a coupon rate of 2.6% and an issue amount of RMB 400 million for 269 days, all of which were used for the company's green wind power projects. The successful issuance of this issue of bonds fully reflects that Chinalco, as a leading enterprise in the industry, leads the practice of green development and takes the lead in supporting "double carbon" to take a substantial step forward.

The green wind power project involved in this carbon neutralization debt can greatly reduce emissions of carbon dioxide, sulfur dioxide, nitrogen oxides and dust, slow down Greenhouse Effect of the world, be conducive to the healthy development of the ecological environment, in line with the national goal of carbon neutralization, and gradually alleviate the energy shortage in North and Northwest China, improve the power structure of Electroweb, and reduce the pressure on coal mining and transportation. Vigorously developing wind power can make the proportion of all kinds of energy in the total energy in China tend to be reasonable under certain resources and technical and economic conditions, so as to achieve the purpose of improving the overall efficiency of energy development and utilization, and at the same time reduce the environmental pollution and haze situation in the receiving areas, which is conducive to the overall environmental health.

For a long time, Chinalco attaches great importance to the impact of its own production and operation on the environment, adhering to the concept of green development, and strengthening the construction of ecological civilization. In the face of the serious impact of novel coronavirus's epidemic on the global economy and the profound changes brought about by the industrial development pattern, Chinalco has always been firmly determined to build a world-class aluminum company, solidly carry out all-factor standards, improve quality and efficiency, optimize the layout and structure, deepen reform and innovation, and promote enterprise transformation and upgrading.

Not long ago, Chinalco released the 2020 report on Social responsibility and Environment, Society and Governance (ESG report). According to the report, in 2020, Chinalco started from the five aspects of "concept carbon reduction, production carbon reduction, management carbon reduction, scientific and technological carbon reduction, and life carbon reduction" to reduce energy consumption by promoting green office, and to create and accumulate carbon assets to achieve open source carbon reduction. Optimize material procurement to control the inflow of energy-intensive materials from the source; Optimize logistics and distribution, achieve procurement, sales and carbon reduction, comprehensively improve the management level, adjust the energy structure and carbon reduction technology, achieve the transformation to green and low carbon, build a new pattern of sustainable development, and lead the green development of the industry.

The smooth issuance of carbon neutralization bonds is an important measure for Chinalco, as a central enterprise and a listed company in the three places, to deeply implement the strategic plan of "carbon peak and carbon neutralization" put forward by the Party Central Committee. it demonstrates the confidence and determination of listed companies to implement the concept of environmental protection and adhere to low-carbon development. Chinalco will focus on building a world-class aluminum company with global competitiveness, continuously strengthen innovation drive, optimize structural layout, focus on green development, comprehensively enhance value creation capacity, and create a new situation of high-quality development.