Non-financial reporting
EVRAZ aims to comply with the non-financial reporting requirements contained in sectio ns 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 | The Group’s approach and policies | Documents | Related KPIs | Related principal risks |
---|---|---|---|---|
Environment Further information: | Steel and mining production carry a high risk of environmental impact and incidents related to its production processes. That is why EVRAZ pays the closest attention to environmental matters in order to prevent or minimise any adverse impacts. | EVRAZ HSE Policy Code of Business Conduct | EVRAZ have adopted five-year environmental targets:
| HSE: environmental read more on page Principal risks and uncertainties |
Employees Further information: | 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 | LTIFR (per 1 million hours) Labour productivity, steel (tonnes per person) | HSE: health and safety read more on page Principal risks and uncertainties |
Social policy Further information: | EVRAZ strives to make a meaningful contribution to local economies and to support communities wherever it operates. The Group supports infrastructural, sport, educational and cultural programmes with an aim to improve the quality of life in local communities. | Social Investments Guidelines | 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. | Global economic factors, industry conditions and cyclicality Business interruption read more on pages Principal risks and uncertainties |
Respect for human rights Further information: | 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 | Zero tolerance to violation. | None of EVRAZ current principal risks relates to the aspects of human rights |
Anti-corruption and anti-bribery Further information: | 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:
| Zero tolerance to violation. | None of EVRAZ current principal risks relate to the aspects of anti-corruption. |
EVRAZ Strategic Report, as set out at Strategic report section inclusive, has been reviewed and was approvedby the Board of Directors on 26 February 2020.
By the order of the Board