Russia: RUSAL allegedly failed to disclose information about construction of Leningrad Alumina Plant
[Summary translation prepared by Business & Human Rights Resource Centre]
RUSAL building major plant in Leningrad region, protesters raise concerns, 24 May 2024
“Pulse of Khakassia” is monitoring protests against the construction of a RUSAL alumina plant in the Leningrad Region. Local activists have shared the following: "Public companies like RUSAL are required to disclose information in their reports about the results of their operations over the past year, their financial status, strategy, risks, management, and other significant matters. This information is especially important for investors. However, there is no mention in the report of the company’s intention to build a massive alumina plant in the Leningrad Region...
We reviewed RUSAL’s 2023 annual report on the company’s website and found no mention of plans to build a massive alumina plant in the Leningrad Region. The region is only mentioned in relation to a peatland rehydration project — but there’s nothing about this major new facility.
This lack of transparency has deepened concerns among residents, who are already worried about the plant’s environmental and social impact. Protesters argue that the absence of the project in public filings raises questions about accountability and corporate responsibility.