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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

50,600
NLMK Group headcount
34%
of the management and administrative personnel are women
7.4%
personnel turnover
RUB 6.6
billion
social investment
1.01x
LTIFR (employees and contractors)
1.69
t
CO2 specific emissions per tonne of steel or pig iron
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

9 December 2022
NLMK Group was included into the leading platinum group of best employers in Russia according to Forbes Magazine.
18 November 2022
NLMK Group, a global steel company, has updated its industrial healthcare development strategy. The main objectives of the strategy include the development of the emergency aid system at the Company sites, digitalization of health check-ups, and reduction occupational disease levels.
11 November 2022
NLMK Lipetsk has revamped its Blast Furnace No. 3 dedusting system, ensuring a dust capture rate of 99.9%. As a result of NLMK’s continuous environmental upgrades, all of its blast furnaces are now equipped with advanced dedusting systems that are on par with best global technologies.
3 November 2022
NLMK Group, a global steel company, was ranked in the top 50 of the Best IT Employers in Russia, according to a rating compiled by Habr.ru, the largest resource for IT professionals, in partnership with ECOPSY, a HR consulting company.
10 October 2022
NLMK Group, a global steel company, ranked first in the ESG rating by RAEX-Europe, an independent rating agency.

International ratings and initiatives

2021 assessment
45/100
2021 assessment
spglobal.com
2021 assessment
28.2/100
2021 assessment
sustainalytics.com
2021 assessment
4.3/5
2021 assessment
ftserussell.com
2019 - 2021 assessment
BBB
2019 - 2021 assessment
msci.com
2021 assessment
  • The environment:1/10
  • Social sphere:3/10
  • Corporate governance:2/10
2021 assessment
issgovernance.com
In 2021 NLMK disclosed climate change information for the first time as part of the CDP initiative.
B-
In 2021 NLMK disclosed climate change information for the first time as part of the CDP initiative.
cdp.net

Contacts

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