ROSATOM’s wind power division and KONE Russia signed an agreement for the purchase of green I-REC certificate

The Russian representative office of KONE Russia, the manufacturer of elevator equipment and escalators, acquired from Atomenergopromsbyt (part of NovaWind JSC) green I-REC certificates for 500 MWh, confirming the renewable origin of electricity.

Thanks to this agreement, in 2021 the need to confirm the renewable origin of electricity for all KONE offices in Russia were covered in full by wind power. Thus, KONE Russia will contribute to KONE sustainable development strategy, in particular, reduction of carbon dioxide emissions to zero at all stages of the company’s production and sales by 2030.

“ROSATOM's strategy for low-carbon energy production based on nuclear and wind generation is aimed at reducing the carbon footprint and achieving sustainable development goals. NovaWind provides its partners with various tools to achieve these goals. Switching to green energy is a significant and responsible step not only for the company, but also for the society. And we definitely welcome the ambition of our socially responsible partner to minimize the impact of the company's production activities on the environment,” noted Grigoriy Nazarov, CEO of NovaWind JSC.

“Using such a tool as I-REC green certificates will help us achieve sustainable development goals that are aimed at improving welfare and protecting the environment, and confirm that all our respective obligations are met,” emphasized Kenneth Lindgren, CEO of KONE Russia.