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Metalloinvest is the best in the industry for anti-corruption activities

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Metalloinvest entered the top ten Russian companies according to the first national “Anti-Corruption Rating of Russian Business” by the Russian Union of Industrialists and Entrepreneurs. The resulting highest rating class was assigned to companies with the highest level of resistance, minimum levels of corruption risks and associated threats to investors, creditors, business partners and other interested parties.

“Metalloinvest adheres to zero tolerance to abuse and corruption , - noted the General Director of the Management Company "Metalloinvest" Nazim Efendiev. - The Company has an anti-corruption compliance control system that minimizes the risks of violations. The high appraisal of the RUIE confirms the effectiveness of our actions. I sincerely hope that through the joint efforts of the business community, advanced anti-corruption standards and practices will be widely disseminated. "

The decision to form the first national rating of companies with an effective anti-corruption policy was made in 2019 at the bureau of the RUIE.

The rating is based on an independent examination of documented evidence of compliance of companies' activities with the international standard ISO 37001: 2016 "Anti-Corruption Management Systems - Requirements and Recommendations for Application" and the provisions of the Anti-Corruption Charter of Russian Business.

To carry out the rating - 2020, in compliance with the requirements of objectivity and transparency, a sample of 50 companies leading the list of "EXPERT 400 - rating of the largest Russian companies" was determined in terms of sales volume, profit before tax and net profit for the year, of the previous year of the rating, as well as companies that passed in 2019 an independent examination of the implementation of the provisions of the Anti-Corruption Charter of Russian Business as part of the Public Confirmation procedure.

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