MMK showed the best results in the key ESG indices of the Russian Union of Industrialists and Entrepreneurs for 2024

At the end of 2024, Magnitogorsk Iron and Steel Works (MMK PJSC) received the highest ratings in the ESG indices of the Russian Union of Industrialists and Entrepreneurs (RSPP) “Responsibility and Openness” and “Vector of Sustainable Development”, which indicates the company’s significant success in socio-economic and environmental areas, and also indicates the high quality of disclosure of non-financial information. The RSPP has been forming these ratings based on open sources since 2014. Indices allow you to objectively assess the effectiveness of practices and the results of the work of the largest Russian companies in the field of sustainable development (SD). The project is a tool for developing responsible investment processes in the country. The Responsibility and Openness Index shows the volume and quality of disclosure of public non-financial reporting. The “Vector of Sustainable Development” index measures the socio-economic and environmental results of business activities, and also provides an understanding of the systematic approaches to management in the field of sustainable development. In 2024, 55 companies were included in this sample. Based on the results of the rating, the participating companies are divided into four groups – C, B, B+ and A. According to the Responsibility and Openness Index, MMK was among the 25 best companies of group A, and in the “Vector of Sustainable Development” Index it was among the 27 participants who showed the best results. impressive results. MMK consistently ranks high in the most authoritative performance assessment systems for the main ESG tracks.