Navoiyuran Strives Towards ESG Goals

In April this year, Navoiyuran received a Level 3 ESG rating with a score of 55 from the international rating agency Sustainable Fitch. Step-by-step improvement of this rating remains one of the company’s top priorities.

In line with the implementation of Presidential Decree PF-16 approving the State Program for the Implementation of the “Uzbekistan-2030” Strategy in the Year of Environmental Protection and the Green Economy, and in order to support the wider introduction of green economy principles in the country, maintain its ESG rating, and reduce the carbon footprint from natural uranium mining, Navoiyuran has acquired 250,000 international renewable energy certificates – I-REC(E).

Through these certificates, the company plans to reduce its total 2024 greenhouse gas emissions of 589,175 tons of CO₂ equivalent by 30%.

On September 26 of this year, a handover ceremony was held to present an official certificate confirming the acquisition of the green energy certificates.

This purchase represents the largest acquisition of green energy certificates in Uzbekistan to date, and internationally certifies that part of Navoiyuran’s 2024 electricity consumption has been sourced from renewable energy.

By acquiring these certificates, Navoiyuran demonstrates its commitment to environmental sustainability, contributes to the global fight against climate change, and strengthens its reputation in international markets.

Note: I-REC(E) is a globally recognized instrument that certifies the origin of electricity from renewable sources and allows companies to officially confirm the share of green energy in their consumption.