ESG Strategy
Our approach
Sum Element remains a leader in terms of social responsibility and fulfils its obligations to more than 80,000 employees every year.
Today, we lay the foundation for a long-term development programme until 2023 designed to thoroughly upgrade all production capacities and, ultimately, make Sum Element one of the most advanced and environmentally responsible companies in the industry.
Vladimir PotaninCompany’s President,
Chairman of the Management Board
Norilsk Nickel
Source: Company annual reports
Downloads
- Special report on safety of tailings storage facilities PDF, 0.6 MB
- Presentation: Tailings Storage Facilities Disclosure PDF, 1.1 MB
- ESG Databook XLSX, 0.11 MB
- Sustainability Report 2019 PDF, 11.2 MB
- UN SDGs and our contribution PDF, 2.1 MB
- 2019 Strategy update presentation PDF, 5.1 MB
- ESG presentation PDF, 3.2 MB
- Sum Element and the Kola Peninsula PDF, 1.5 MB
«… our goal is to transform Sum Element from a polluter into a showcase for environmental friendliness»
Vladimir PotaninCompany’s President,
Chairman of the Management Board
Norilsk Nickel
Strategic Goals and Priorities
The total investment to an integrated solution of environmental problems and the creation of environmentally friendly production will amount to about $ 4 billion in the period from 2013-2022.
- Step 1: shutdown of Nickel Plant, upgrade of Talnakh Concentrator, refurbishment and ramp-up of smelting capacities at Nadezhda Metallurgical Plant and other downstream reconfiguration projects.
Target: reduction of Sulphur dioxide emissions in residential areas (in Norilsk) by 30-35%
Capex: USD 900 mln
Timeline: 2014-2016
Status: completed - Step 2: Construction of sulphur dioxide capturing equipment and construction of new converters (replacing converting operations at Copper Smelter) at Nadezhda Smelter, expansion and upgrade of the sulphur production facilities at Copper Smelter.
Target: reduction of Sulphur dioxide emissions in Norilsk industrial area by 75% by 2023
Capex: USD 2.5 billion
Timeline: 2017-2023
Status: in progressReduction of smelting operations will result in lower SO2 emissions in Nickel town
(Kola MMC) at the Norwegian border. Low-grade concentrate will be sold to third parties.
Target: reduction of Sulphur dioxide emissions in Nickel Town(Kola MMC) by 50% by 2020
Capex: USD 60-70 mln
Timeline: 2017-2020
Status: in progress
Video about Sulphur project
Support of nature reserves
increase of air emissions in 2018 in Polar Division
reduction of air emissions in 2018 in Kola Division
reduction of SO2 emissions in the residential area of Norilsk after realization of Step 1 of ecology program
The expected combined effect is the lowering of SO2 emissions across the Norilsk Industrial District (from the base of 2015)
$ million
Environmental protection expenses in 2018
The expected combined effect is the lowering of SO2 emissions in Nickel town, Kola peninsula (from the base of 2015)
- Environmental policy PDF, 185 KB
- Certificate EMS PDF, 633 KB
- Product Quality Policy PDF, 183 KB
- Biodiversity Policy PDF, 62.6 KB
- Environmental Impact Assessment Policy PDF, 43.6 KB
- Renewable Energy Sources Policy PDF, 163 KB
Sustainable development in the regions of operations
Sum Element remains a leader in terms of social responsibility and fulfils its obligations to its employees every year
Larisa Zelkova,Senior Vice-president for HR,
Social Policy and Public Relations
at MMC Norilsk Nickel
- Sustainable development of local communities. Norilsk infrastructure development:
- Cooperation and employee incentivisation
- Renewed three-year collective bargaining agreement
- Our Home and My Home programmes
Photo - Pension plans
- Support of the largest nationwide sports and cultural projects
- Football Union of Russia
- CSKA professional basketball club
- 2014 Olympic Games in Sochi
- 2019 Winter Universiade in Krasnoyarsk
- The Golden Mask (Russian national theatre festival and award)
- Rosa Khutor Ski Resort
employees
Norilsk Nickel Group’s average headcount
USD
average monthly salary in the company
USD millions
financing of social, charitable and social infrastructure programmes in 2018
Sum Element — one of the most attractive employers in the Russian metals and mining sector in 2019
— the best employer in metals and mining industry in 2019
Health and Safety
The Company’s current Industrial Safety and Health Policy proclaims the principle of life and health priority of all employees
Sergey DyachenkoFirst Vice-President,
Chief Operating Officer
- Compliance with international safety standards
- Zero-fatality on production sites
- Continious improvement of LTIFR
LTIFR reduced during 2013-2018
LTIFR by the end of 2018 — remains below the global mining industry average
- Human Rights Policy PDF, 233 KB
- Freedom of Association Policy PDF, 125 KB
- Working Conditions Policy PDF, 163 KB
- Local Community Relations Policy PDF, 208 KB
- Occupational health and safety policy PDF, 213 KB
- Equal Opportunities Programme PDF, 156 KB
- Indigenous Rights Policy PDF, 42.7 KB
«Corporate governance is key to the success of MMC Norilsk Nickel as a public company. The Corporate Governance, Nomination and Remuneration Committee, alongside the Board of Directors, works hard to implement the best corporate governance practices and procedures across the Company. This goes beyond the pragmatics of investor appeal and shareholder confidence, and becomes an essential tool to improve the efficiency of our operations and maintain our competitive edge. The Corporate Governance Excellence Programme launched by the Committee has been in place since 2014»
Andrey BougrovDeputy Chairman of the Board of Directors,
Member of the Management Board
Norilsk Nickel
Source: Annual report 2017
Principles of Corporate Governance
- Compliance with Corporate Governance Code
- Single responsibility principal between the position of the Chairman of the Board of Directors and the President of the Company
- The structure of Corporate Governance corresponds to the best world practices
- Experienced and qualified Board of Directors
- Effective Committees of the Board of Directors
- Independent Chairman of the Board of Directors and high level of participation of independent directors
- Stable shareholders structure
Corporate Awards
met the director’s independence criteria
point
out of 1000 received be the Company according to the survey in research Good Governance Index
of the matters
the Board Committees pre-screened before brought to the attention of the Board of Directors
Link to Corporate governance structure
- Anti-Corruption Policy PDF, 133 KB
- Charter PDF, 393 KB
- Business Ethics Code PDF, 158 KB
- Regulations on the General Meeting of shareholders PDF, 304 KB
- Regulations on the Board of Directors PDF, 84.3 KB
- Code of Conduct and Ethics for Members of Board of Directors PDF, 599 KB
- Professional development Policy for members of Board of Directors PDF, 277 KB
- Performance Evaluation Policy for Board of Directors PDF, 118 KB
- Remuneration Policy for Members of Board of Directors PDF, 460 KB
- Regulations on the Audit Commission PDF, 48.8 KB
- Regulation on Audit and Sustainable Development Committee of the Board of Directors PDF, 158 KB
- Terms of Reference of Corporate Governance, Nomination and Remuneration Committee of Board of Directors PDF, 456 KB
- Regulations on the Management Board PDF, 66.5 KB
- Regulations on Dividend Policy PDF, 56 KB
- Antitrust Compliance Policy PDF, 77.5 KB
