Aurubis Ag · XETR:NDA
Aurubis — Investor Day (December 2021)
30 slides from Aurubis's investor day presentation, Dec 6, 2021
Slide 1: Aurubis Virtual Capital Market Day 2021
Aurubis Virtual Capital Market Day 2021
Slide 2: Agenda
Agenda 6 Sustainability Angela Seidler, VP 7 Energy Roland Harings, CEO 8 Energy & decarbonization projects Heiko Arnold, COO Aurubis Capital Market Day 2021
Slide 3: Metals for Progress: Sustainability
Metals for Progress Sustainability Angela Seidler, VP Investor Relations, Corporate Communication & Sustainability Capital Market Day, December 6, 2021
Slide 4: Renowned ratings show strong track record in sustainability
Renowned ratings show strong track record in sustainability Aurubis Sustainability Strategy 2018–2023, main sustainability ratings & initiatives Aurubis Sustainability Strategy * PEOPLE ECONOMY * Copyrights in the back-up Responsibly transforming raw materials into value to provide metals for an inn
Slide 5: First Aurubis smelter awarded with The Copper Mark
First Aurubis smelter awarded with The Copper Mark − Aurubis Bulgaria is certified for meeting The Copper Mark’s requirements for responsible production practices. Valid initially until April 2024. − The auditing process of Aurubis plants Hamburg & Lünen started in June 2021 − The Copper Mark launch
Slide 6: Aurubis achieves significant reduction of carbon footprint
Aurubis achieves significant reduction of carbon footprint Industry Leadership in Sustainability Copper Carbon Footprint (in kg CO2 eq./t Cu) Update of Life Cycle Assessment leads to reduction of 4,027 25 % of CO2 emissions related to copper cathodes on Group level. Improvements driven by lower dire
Slide 7: Aurubis 2030 ambition for greenhouse gas reduction
Aurubis 2030 ambition for greenhouse gas reduction Aurubis CO2 reduction targets 2030 CO2 emissions 2020 Scope 1+2 Scope 1: 1,600 kt1 -50 % 13% (540 kt) 800 kt 2018 2030 Scope 3: Scope 2: 2,240 kt1 62% (2541 kt) 25% (1023 kt) Scope 32 1,700 kt -24 % 2018 2030 − Validated by the Science Based Targets
Slide 8: Five task items to operationalize the strategic agenda
Five task items to operationalize the strategic agenda Intermediate Cu/PM products/ Materials Secondary concentrates P&MM containing Ni materials Sustainability Strategic − Roadmap of strategic projects for the next years Sustainability as Roadmap − Transparency regarding critical risks integral par
Slide 9: Six new, decisive KPIs underline Aurubis' ambitions in sustainability
Six new, decisive KPIs underline Aurubis’ ambitions in sustainability CO2 Emissions Scope 1+2 CO2 Emissions Scope 3 Air Emissions (Dust) Absolute scope 1+2 CO2 emissions (in kt) Scope 3 CO2 emissions (in kt)1 Air emissions (in g per t of Multimetal Cu equivalent)2 1 2 3 1,600 2,240 56.5 1,700 -50% 8
Slide 10: We further drive sustainability and build on our strong track record
We further drive sustainability and build on our strong track record We aim to be carbon-neutral well before 2050 Aurubis drives innovation to As a frontrunner in our Already today we operate We are letting ourselves create a more sustainable industry, we insist on one of the most sustainable be mea
Slide 11: Metals for Progress: Energy
Metals for Progress Energy Roland Harings, CEO Capital Market Day, December 6, 2021
Slide 12: Aurubis holds a leading position in energy efficiency
Aurubis holds a leading position in energy efficiency The CO2 footprint of our copper production is less than half the global average Global average: 1,690 kg CO2 4,027 kg CO2* per t of copper Industrial Heat 2 provides potential for a further 300 kg of CO2 saved per t of copper produced * Source: I
Slide 13: High level of savings achieved, lower effects expected in coming years
High level of savings achieved, lower effects expected in coming years Main energy sources in CY 2020 Main consumers (in TWh (Bn. kWh)) Electricity (incl. O2) Primary smelters and 2.00 tankhouses Natural gas Downstream producers (e.g., rod) 1.21 Oil Pirdop will soon change to natural gas 0.27 Electr
Slide 14: High degree of electrification keeps use of fossil fuels to a minimum
High degree of electrification keeps use of fossil fuels to a minimum Electricity consumption and CO2 scopes Breakdown of energy costs in the Aurubis Group Electricity incl. oxygen consumption in the 82 % Electricity Aurubis Group: approx. 2.00 TWh (2020) incl. oxygen 12 % Natural gas CO2 emissions
Slide 15: Energy cost components – on Group level
Energy cost components – on Group level In addition to the commodity prices for electricity, the total electricity costs consist of the following additional surcharge components: Comparison FY 2019/20 vs. FY 2020/21 9 % Other fees for 2 % Excise duties CO2 costs energy transition Distribution costs
Slide 16: Compensation of indirect costs in Europe at a glance
Compensation of indirect costs in Europe at a glance Direct carbon costs: Electricity producers have to buy CO2 certificates EUA (EUAs) for every ton of carbon they emit by producing electricity. Indirect carbon costs: Electricity producers pass on additional costs to their consumers, e.g., industry
Slide 17: Risk management: Hedging of energy prices
Risk management: Hedging of energy prices Development of energy prices (in €/unit) Unprecedented volatility of energy prices in the past CO2 (€/t) Electricity Frontyear (€/MWh) two years: Coal Frontyear ($/t) Gas Frontyear (€/MWh) -50 % to -70 % +200 % to +300 % at Highest energy Lowest energy at sh
Slide 18: Opportunities for green electricity supply
Opportunities for green electricity supply Scope 1: Sites in Germany, Bulgaria, and Belgium are 13% (540 kt) responsible for almost all of Aurubis’ CO2 emissions CO2 in Scope 2: Scope 3: Emissions − Focus on PPA solutions Scope 2: 62% (2541 kt) 2020 − Implementation of green PPA would reduce 25% (10
Slide 19: Further strengthening our industry leadership in energy efficiency
Further strengthening our industry leadership in energy efficiency Aurubis drives different initiatives to support the transition to green energy for the Group Aurubis actively contributes to Our targeted, ongoing Early and proactive We constantly review decarbonization. We already investments will
Slide 20: Energy & decarbonization projects
Aurubis AG Metals for Progress Energy & decarbonization projects Dr. Heiko Arnold, COO Capital Market Day, December 6, 2021
Slide 21: New innovative system for Reducing Diffuse Emissions (RDE)
Sustainability New innovative system for Reducing Diffuse Emissions (RDE) RDE Aurubis’ RDE is the largest environmental protection installation in Hamburg since the 1980s. Aurubis Capital Market Day 2021
Slide 22: RDE sets new standards primary copper production
Sustainability RDE sets new standards primary copper production Industry Leadership Absorption of in Sustainability Investment diffuse ~ € 85 million Major investment in Hamburg of about € 85 million in suctioning devices emissions and filter facilities. RDE is an innovative filtering system, which
Slide 23: Energy and decarbonization projects: Industrial Heat
Sustainability Energy and decarbonization projects Industrial Heat Aurubis Capital Market Day 2021
Slide 24: Germany's largest industrial heating project
Sustainability Germany's largest industrial heating project Industry Leadership in Sustainability EBITDA p.a. Investment (at full production) ~ € 97 million ~ € 3 million The industrial heating project to supply heat to the HafenCity East district with a savings potential of up to 20,000 t of CO2 p.
Slide 25: Energy and decarbonization projects: Hydrogen
Sustainability Energy and decarbonization projects Hydrogen Aurubis Capital Market Day 2021
Slide 26: Aurubis exploits efficiency increases by using hydrogen
Sustainability Aurubis exploits efficiency increases by using hydrogen Industry Leadership Usage of in Sustainability Investment hydrogen p.a. ~ € 1 million (at full production) Use of hydrogen as a reducing agent in the anode furnace in Hamburg. ~ 34,150 Nm3 First test on an industrial scale in sum
Slide 27: Energy and decarbonization projects: PV Pirdop
Sustainability Energy and decarbonization projects PV Pirdop Aurubis Capital Market Day 2021
Slide 28: Aurubis on its way to carbon-neutral production
Sustainability Aurubis on its way to carbon-neutral production Industry Leadership in Sustainability Investment Optimizing electricity in 10 MW PV consumption p.a. ~ € 6 million ~ 11,000 MWh Start of construction for largest in-house PV plant (10 MW) in Pirdop, Bulgaria. The PV plant will reduce the
Slide 29: Thank you for your participation.
Thank you for your participation. For further questions, contact: [email protected]
Slide 30: Disclaimer statement
Disclaimer statement Aurubis disclaimer regarding forward-looking statements: This document contains forward-looking statements that involve risks and uncertainties, including statements about Aurubis’ plans, objectives, expectations, and intentions. Readers are cautioned that forward-looking statem