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The environmental transparency rating of power-generating companies was presented on the Power Engineer’s Day

22 december 2021
According to the study, the transparency of environmental information of fossil fuel power generating companies (EGCs) in Russia increased by 28% compared to the last year. For the first time since the beginning of the rating calculation, it became possible to assess the industry average impact on the environment. For the first time, the rating was calculated by the company ACRA RM . The rating is supported by the European Union

The rating has been published annually since 2019. This year 18 companies took part in it. The rating results are compiled on the basis of data provided by the EGC for 2020. The main indicator of the study is the average final score, calculated as the arithmetic mean of the scores of the companies included in the rating, this year was 1.09, last year - 0.85, and in 2019 - 0.74.

“In 2021, the global sustainable development agenda received a rapid acceleration, and the decarbonization of the economy was declared as a program at the highest political level by almost all countries, including Russia. Thus, at the 26th conference of the parties to the UN Convention on Climate Change held in November, new decisions were made to achieve climate neutrality as soon as possible, in particular, a Resolution was adopted to reduce the share of coal-powered energy production, - says Alexey Knizhnikov, head of the Programme on Environmental Business Responsibility at WWF-Russia. -  Thus, it is clear that the power-producing industry is becoming one of the main players in achieving these global and national goals. And our rating is one of the mechanisms for monitoring the pace of energy transition and its acceleration ”

In the new rating, three companies with equal points share 2-4 places at once: these are Mosenergo, TGK-1 and Enel Russia. The result of the leader  - the Baikal Energy Company, which took first place, is only one hundredth point higher.

“Notable successes have been achieved since the rating was launched three years ago, both in terms of increasing the transparency of industry participants and establishing dialog between business and society. At the same time, the energy industry is considered to be quite closed from the point of view of publishing environmentally significant information. The fact that companies are moving in the direction of openness is an undoubted merit of the rating. ACRA strives to promote responsible business conduct, and so it is a great honor for us to become the operator for calculating this rating,” commented Alexey Mukhin, CEO of ACRA RM.

Increased transparency of environmental information of power generating companies allows for the first time in three years of the rating's existence to publish graphs of intra-industry differences ofenvironmental performance indicators. At the end of 2020, the level of disclosure for these indicators was  over 60% (7 companies out of 18 assessed), which makes the calculations of industry average values ​​possible and meaningful.

The rating can be accessed on the WWF-Russia website at https://wwf.ru/en/what-we-do/green-economy/eco-transparency-rating/energy/

Photo credits: (с) Anton VORAUER / WWF-Canon