Despite global uncertainties and emerging economic and political challenges, Nornickel maintains its focus on sustainability principles as a fundamental factor that will shape the global agenda in the coming years.
Promoting sustainability practices, the Company, on the one hand, adapts to the strategic landscape and market changes and contributes to more effective risk management, and on the other hand, fosters a motivating and innovative corporate culture, builds beneficial relationships with stakeholders and supports principles that are key to maintaining a healthy and rich environment.
To effectively integrate sustainability principles across all activities, Nornickel has adopted over 20 internal documents. At the strategic level, the Company has in place the Environmental and Climate Change Strategy and is developing the Social Development Strategy to be approved in 2023.
Contribution to the UN SDGs
Environmental and climate
Social responsibility
Governance
Key achievements
Reduction of SO₂ emissions on the Kola Peninsula following shutdown of the Company's smelting operations (down 90% from 2015)
The lowest CO₂ emission level (Scope 1, 2 and 3) among global metals and mining peers
Reputation of a socially responsible business
Comprehensive support of local communities and national projects
Long track record of supporting indigenous peoples; pioneering the process to obtain their free, prior and informed consent to projects
Sustainable corporate governance and risk management
Including ESG targets in short-term and long-term KPIs
Balanced and effective Board of Directors
Strategic priorities
Meeting the key SO, reduction targets for the Norilsk Industrial District
Clean-up of accumulated waste and remediation following environmental incidents in Norilsk
Assessing biodiversity impact and preparing a scientific rationale for a biodiversity conservation programme
Further developing the physical risk management system across the Company's footprint
Supporting environmental initiatives across the Company's geography
Zero work-related fatalities
Reducing the impact of operations on indigenous peoples in the regions of operation
Refurbishment of housing and social infrastructure in Norilsk
Fostering a new sustainability culture across the Company
Compliance with key international sustainability initiatives
The principles of sustainable development are being actively introduced into the corporate culture of the Company. In 2022, Nornickel:
held17dedicated workshops and trainings,
up almost 2.5 times from 2021
provided training in ESG for
>1,300employees
conducted
6ESG audits
Actively used stakeholder engagement mechanisms through dialogues, surveys, public discussions of internal documents, and public consultations on projects.
In 2023, the Company plans to continue implementing measures to align its activities with the guidelines and standards, such as ICMM and IRMA, TCFD recommendations, and other. The plans include:
deeper integration of ESG principles into strategic planning and risk management procedures
analysis of Global Industry Standard on Tailings Management (GISTM) requirements in relation to Company facilities
cascading adopted policies to subsidiaries for implementation
setting additional ESG-related KPIs and evaluating performance
establishing a human rights due diligence system (until the end of 2024)
implementing the supply chain to all supplier categories
holding stakeholder dialogues and publishing new reports on climate change and human rights.
International sustainability standards at the end оf 2022
Standard
Certified assets
Status
ISO 14001–2015
ISO 9001:2015
ISO 45001:2018
MMC Norilsk Nickel (Head Office, Polar Division,
Polar Transport Division, and Murmansk Transport Division)
Kola MMC
Norilsk Nickel Harjavalta
Bureau Veritas Certification
Surveillance audits – annually
Recertification audits – every threeyears
ISO/IEC 27001:2013
Kola MMC,
Murmansk Transport Division, Nadezhda Metallurgical Plant,
In 2022, IRMA suspended cooperation with the Company's Russian assets. In the same year, Nornickel independently assessed its mining assets for compliance and readiness for the certification