Metalloinvest confirmed its leadership position in the ESG index of Russian business

Metalloinvest 25 September 2023 12:17

Metalloinvest has become the leader of the ESG index of Russian business for the second year in a row, joining the group of companies with the highest possible level of assessment of indicators for sustainable development. The results of the index were summed up at the congress "ESG P (evolution)" organized by RBC together with the NKR rating agency.

114 largest Russian companies took part in the rating.

"Metalloinvest's development strategy and all our decisions are based on the principles of sustainable development," said Nazim Efendiyev, Metalloinvest's CEO. – The high ratings of the professional community reflect the constant work that the Company is doing in the field of reducing environmental impact, creating opportunities for professional development of employees, occupational safety, development of cities and regions of its responsibility and other aspects of ESG."

When calculating the index, the specifics of each industry and factors such as indicators of emissions of harmful substances into the environment, investment in environmental technologies, compliance with labor standards and laws in the field of employee rights protection, charitable activities and investment in social projects, opportunities for development and improvement in the profession, the availability of documents regulating the sustainable development of the company, aimed at to prevent conflicts of interest and corruption, the amount of information disclosed, etc.


Metalloinvest is a leading mining and metallurgical company, the world leader in proven iron ore reserves according to JORC (15.4 billion tons, about 150 years of operation at the current production level). The company is the world's largest producer and supplier of commercial hot–briquetted iron (GBJ) - low-carbon raw materials for the production of "green" steel; it occupies a leading position in the production of iron ore concentrate, pellets and high-quality steel.

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