The World Steel Association worldsteel has recognized NLMK Group as a Sustainability Champion. The title is awarded annually to metallurgical companies that have proven their commitment to the principles of sustainable development and is the main industry award in this area.
The winners of the competition are judged on the basis of indicators such as the use of recycled materials, emissions of substances into the atmosphere, injury rates, investments in employee training, investments in new products and processes that support sustainable development, etc.
In 2020, NLMK Group also joined the worldsteel Step Up decarbonisation program, which aims to reduce its impact on the environment and climate, and also prepared a set of data on the life cycle of the resources used for the production of certain products (life cycle inventory).
The company's high assessment was also influenced by being shortlisted in the category “Excellence in Sustainable Development »The worldsteel Steelie Awards. The finalist of the award was a slag processing project at the Novolipetsk Metallurgical Plant, which allowed to restore 25 hectares of territory, process 6 million tons of secondary raw materials and reduce greenhouse gas emissions by 85 thousand tons.
Worldsteel awards the championship in sustainable development with 2018 in order to support the efforts of metallurgical companies in the field of environmental protection, social policy and corporate governance.
Follow the link for NLMK Group's indicators and achievements in the field of sustainable development.
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 NLMK Group is used in various industries, from construction and mechanical engineering to power equipment and offshore wind turbines.
NLMK's production assets are located in Russia and Europe and the USA. 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.
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