Institutional Investor’s ranking based on the votes of international investors and investment banks placed ALROSA among the top three best-performing publicly traded metals and mining companies in all categories, with buy-side investors awarding leadership to the Company in five out of seven categories. The annual ranking focuses on the achievements of publicly traded companies from the EMEA region.
Institutional Investor’s ranking is based on the survey of several hundreds of analysts and portfolio managers conducted in March and April 2020 to assess CEOs, CFOs, IR professionals and teams, Investor Day events held by companies, ESG credentials and corporate IR programmes.
The Metals & Mining ranking covered a total of more than 30 companies, with ALROSA taking top positions in all seven categories. Moreover, buy-side respondents considered ALROSA to be the absolute leader in five out of seven categories: Sergey Ivanov was recognized as the best CEO, Alexey Philippovskiy as the best CFO and Sergey Takhiev the best IR professional, while ALROSA’s IR programme and Investor Day 2020 ranked as the best in the industry.
Maria Gordon, senior independent member of ALROSA’s Supervisory Board and Chair of the Audit Committee, commented on that accomplishment: “Strong rankings in the highly competitive Metals and Mining sector prove that the Company has established a close dialogue with shareholders and investors and put in place an effective corporate governance system. Despite the challenges that the industry is now facing, investors praised not only the corporate team’s efforts in managing through the crisis, but also the way the Company communicates its strategy execution to the shareholders.”
Participants of the Institutional Investor survey were asked to assess the following criteria: management’s readiness to engage with the investor community, timely and appropriate financial disclosure, quick and thorough responses to requests, a well-informed IR team empowered to speak authoritatively on the company’s behalf, constructive conference calls, quality of road show meetings, reversed road shows and site visits, quality of corporate documents and investor materials, insight and useful reporting on ESG/SRI metrics, quality of the corporate website and commitment to the corporate governance standards.
Institutional Investor is a leading international business to business publisher, focused primarily on international finance. Among other things, it conducts various research studies, runs conferences and seminars, and is an important provider of business information for investors.