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Sustainability

Our approach

As one of the largest international producers of steel and steel products, NLMK Group is aware of its responsibility towards society, nature, and future generations. A number of NLMK Group’s internal documents regulate our sustainability measures.

Sustainability management is integrated into the NLMK Group’s corporate governance system and is carried out at all Group companies, including international ones. Sustainability matters consistently feature high on the agenda of NLMK Group’s leadership. The Board of Directors, Board committees, СЕО (Chairman of the Management Board), and the Management Board determine strategic growth priorities and ensure overall sustainability management.

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Key indicators

50,400
NLMK Group headcount. Since September 2023 - 45 th.
34%
of the management and administrative personnel are women
7.7%
personnel turnover
RUB 11.9
billion
social investment
0.69x
LTIFR (employees and contractors)
1.78
t
CO2 specific emissions per tonne of FE
50,600
NLMK Group headcount
34%
of the management and administrative personnel are women
6.6%
personnel turnover
RUB 6.6
billion
social investment
6.01x
LTIFR (employees and contractors)
1.78
t
CO2 specific emissions per tonne of FE
51,900
NLMK Group headcount
48%
of the management and administrative personnel are women
6.0%
personnel turnover
RUB 8.4
billion
social investment
1.25x
LTIFR (employees and contractors)
1.74
t
CO2 specific emissions per tonne of steel or pig iron
52,800
NLMK Group headcount
35%
of the management and administrative personnel are women
6.9%
personnel turnover
RUB 5.7
billion
social investment
0.86x
LTIFR (employees and contractors)
1.77
t
CO2 specific emissions per tonne of steel or pig iron
53,300
NLMK Group headcount
7.0%
personnel turnover
RUB 2.7
billion
social investment
0.77x
LTIFR (employees and contractors)
1.72
t
CO2 specific emissions per tonne of steel or pig iron

Sustainable development objectives and areas

NLMK Group supports the Sustainable Development Goals adopted by the UN General Assembly in 2015 to address significant economic, social, and environmental challenges faced by the global community.

We believe that the Group makes a valuable contribution to the achievement of global sustainability goals by engaging in responsible business and targeted activities that aim to reduce its environmental footprint, support local communities, and ensure safe and decent working conditions.

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ESG news

27 March 2024
NLMK Group has successfully achieved all key objectives as part of its Environmental Strategy 2023, reducing specific atmospheric emissions by 13%, increasing waste processing rate to 96% (recycling of secondary resources at 99%), and cutting discharges into water bodies in half.
19 May 2023
NLMK Group was ranked first among Russian steelmakers in the Top 50 Green Energy Transition rating. In the overall rating NLMK Group was ranked among TOP 5. The ranking was compiled by RAEX-Europe, an independent rating agency.
14 March 2023
NLMK has topped the ranking every month starting from October 2022.
1 February 2023
NLMK Group was ranked among Top 20 Employers by HeadHunter. NLMK Group also came first in the HR Process Development Level rating and was included into Top 3 Best Employers among production companies.
9 December 2022
NLMK Group was included into the leading platinum group of best employers in Russia according to Forbes Magazine.

Contacts

Dmitriy Kolomytsyn, CFA
Dmitriy Kolomytsyn, CFA
Director, Corporate Finance, IR