ALROSA enters top 10 of WWF environmental transparency rating

ALROSA enters top 10 of WWF environmental transparency rating

ALROSA entered the top 10 of annual Environmental Transparency Rating among mining & metals companies of Russia. WWF Russia initiated this Rating with the support of the European Union and UN Environment Programme.

The Rating evaluates environmental management as well as the company’s environmental impact and level of disclosures. ALROSA was highlighted for active cooperation during the Rating calculation.

In 2019, the Rating became a part of the WWF-EU project “People for Nature”. The main objectives of the research are to increase the corporate responsibility of mining and metals companies and to create effective engagement mechanisms for the industry with stakeholders.

The WWF rating allow comparing information on the level of environmental responsibility of mining and metals companies and the scale of their impact on the environment, including biodiversity conservation, and also gives an idea of the dynamic pattern of the industry as a whole.

“We are grateful to WWF Russia for recognizing our efforts in the environmental area. ALROSA is committed to preserving the environment and minimizing an impact on it. Mining in accordance with the principles of sustainable development, reducing energy and water consumption, emissions and waste, and rehabilitating disturbed lands are our constant priorities. We pay great attention to countering climate change by implementing the latest technologies,” says Polina Anisimova, ALROSA’s Chief Ecologist.

In 2018, ALROSA spent over 5 billion rubles for environmental measures.

ALROSA is a constituent of the FTSE4Good Index Series created by the global index and data provider FTSE Russell, which measures the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The company also has a BB rating in the MSCI ESG rating system that assesses environment, social responsibility and corporate governance. ALROSA is also certified against the Code of Practices of the Responsible Jewellery Council (RJC) through meeting the highest ethical, human rights, social and environmental standards.

Disclaimer: This information has been collected through secondary research and TJM Media Pvt Ltd. is not responsible for any errors in the same.