Non-financial reporting
EVRAZ aims to comply with the non-financial reporting requirements contained in sections 414CA and 414CB of the Companies Act 2006. The table below outlines to stakeholders the Group’s position, principal policies, main risks and KPIs on key non-financial areas.
REQUIREMENT | GROUP APPROACH AND POLICIES | DOCUMENTS | RELATED KPIS | RELATED PRINCIPAL RISKS |
---|---|---|---|---|
Steel and mining production carry a high risk of environmental impact and incidents related to its production processes. EVRAZ pays the utmost attention to environmental matters to prevent or minimise any adverse impact. | Environmental strategy EVRAZ HSE Policy Code of Business Conduct | EVRAZ has adopted 2030 environmental targets: Environmental management | ||
EVRAZ strictly complies with national labour laws and best practices of business ethics concerning employee management. Discrimination related to a person’s race, ethnic origin, gender, religion, political views, nationality, age, sexual orientation, etc, is totally unacceptable throughout the Group, as well as at its subcontractors and suppliers. Due to industry-specific issues, EVRAZ employees and contractors face safety and health risks. Providing a safe work environment is one of the Group’s main core values. | EVRAZ HSE Policy Code of Business Conduct Diversity and inclusion policy Human rights policy EVRAZ Supplier Code of Conduct | LTIFR (per 1 million hours) Labour productivity, steel (tonnes per person) | ||
EVRAZ strives to make a meaningful contribution to local economies and to support communities wherever it operates. The Group supports infrastructure, sport, educational and cultural programmes with the aim of improving the quality of life in local communities. | Charitable Donation and Sponsorship Policy | Fulfilment of the Group’s social obligations towards its employees, which were fixed in the collective agreements. Interaction with local communities in the regions of the Group’s presence during the implementation of various CSR related projects. | ||
EVRAZ’ commitments are based on internationally recognised standards and respect for all human rights. Child labour, bonded labour, human trafficking and other forms of slavery are strictly prohibited at all Group subsidiaries and their suppliers. EVRAZ rules also prohibit abusive, harassing, discriminatory, degrading or aggressive speech or conduct. | Code of Business Conduct Modern Slavery Transparency Statement Human rights policy Diversity and Inclusion Policy EVRAZ Supplier Code of Conduct | Zero tolerance to violation | None of EVRAZ’ current principal risks relates to aspects of human rights | |
In accordance with the Group’s policies and procedures, compliance managers scrutinise tender procedures, check potential and existing business partners, vet prospective new candidates, and ensure that the principles set forth in the EVRAZ Anti-corruption Policy and Code of Business Conduct are adhered to throughout its operations. | Code of Business Conduct EVRAZ Anti-Corruption Policy:
EVRAZ Rules on Securities Dealings | Zero tolerance to violation | None of EVRAZ’ current principal risks relate to aspects of anti-corruption |
EVRAZ’ business model, relationships and products, see Strategic report section.
For the Group’s related risks and how they are managed, see the Principal Risks section.
EVRAZ’ Strategic Report, has been reviewed and was approved by the Board of Directors on 24 February 2022.