NLMK Group, an international metallurgical company, topped the rating of sustainable development of companies in the metallurgical sector in the Russian Federation, prepared by the RAEX-Europe agency. The rating evaluates the largest Russian companies in the industry based on their performance in 2019.
The agency noted the high level of information disclosure in all three areas of sustainable development (ESG - ecology, social responsibility and corporate governance). RAEX-Europe draws attention to the company's success in saving resources (the share of water supply in closed circulation is at a consistently high level - 97%) and reducing injuries (LTIFR has decreased by more than 50% since 2013). The company's greenhouse gas emissions are significantly below the industry average, which also ensured high ratings for the company.
The current version of the NLMK Sustainability Group presentation can be found here.
Information about NLMK Group
NLMK Group is a vertically integrated metallurgical company, the largest in Russia and one of the most efficient producers of steel products in the world.
Steel products of NLMK Group It is used in a variety of industries, from construction and mechanical engineering to power equipment and offshore wind turbines.
NLMK's production assets are located in Russia, Europe and the United States. The company's steel production capacity exceeds 17 million tonnes per year.
NLMK demonstrates high cost competitiveness among global manufacturers, the company's profitability is one of the highest in the industry. The company has investment grade credit ratings from S&P, Moody's, Fitch and Expert RA.
NLMK's common shares, which have a free-float of 20.7%, are traded on the Moscow Stock Exchange (ticker “NLMK” ), global depository shares - on the London Stock Exchange (ticker "NLMK: LI"). The share capital of the Company is divided into 5,993,227,240 ordinary shares with a par value of 1 Russian ruble. More information about NLMK's share capital can be found here.
For more information about NLMK Group, visit the website.
You can download photos and corporate videos of NLMK Group from the media bank at the link.