Assistant for
sales and products
How is it more convenient for you to contact us?

Your browser is out of date. Please update to view the site

Your browser is not supported by the site. Please use another to further use the resource

All sites

«SIBUR» LLC is the managing organization of PJSC «SIBUR Holding».

117218, Moscow, Krzhizhanovsky st., 16/1

SIBUR in talks over selling carbon units

The company is in talks with international partners about selling its carbon units as part of its large-scale Green Formula forestation initiative.

The company's international partners, including those fr om the fast-growing Asian market, have expressed their interest in buying carbon credits in order to compensate for their carbon footprint. In March 2022, SIBUR launched the "Green Formula" as part of the company's ESG strategy and initiated a pilot project for issuing carbon units as part of the program.

SIBUR planted one million trees in 2022, including some at the company's carbon monitoring site in the Voronezh region. Through Green Formula, SIBUR aims to reduce its climate footprint and to foster long-term environmental sustainability. One of the program's goals is to have at least 5 million trees planted by 2025 across the regions wh ere SIBUR operates.

Elena Myakotnikova,
Adviser to the CEO of SIBUR LLC and Project Curator of the Green Formula forestation campaign, said:
"Our Green Formula initiative is aimed at creating a more sustainable future for generations to come by reducing SIBUR's climate impact and increasing energy efficiency. The interest coming from our partners abroad indicates the global shift towards sustainability and decarbonisation initiatives in particular."

We use cookies to improve the services we provide. By continuing to browse the site, you agree to the cookie policy