Norilsk Nickel ranks highest in the stakeholder engagement

Norilsk Nickel topped the ESG (Environmental, Social and Governance) ranking of leading Russian companies used to assess stakeholder engagement on environmental and social issues. The ESG ranking was compiled by the Russian rating agency RAEX. The assessment is based on an analysis of strategic documents, initiatives to support local communities, compliance with environmental legislation, interactions with suppliers, and the investments in local communities. 
The study takes into account objective indicators of sustainable development assessed through a four-year trend analysis, industry comparisons, and data verification by independent organizations.
The agency specifically notes that the stakeholder engagement practiced by Nornickel is based on the implementation of significant infrastructure projects in the regions where it operates. The company’s activities in this field are enshrined in its “Socially Sustainable Development Strategy through 2030” that outlines its goals, key performance indicators (KPIs), and the activities aimed at ensuring a leading position in shaping the social agenda in the industry and improving the living standards for local communities, including small-numbered indigenous peoples of the North.
“The stakeholder engagement is the basis for the sustainable development concept. Nornickel’s efforts in this field are aimed at its partners, customers, employees, and stakeholders. This vast and diverse audience constitutes the stakeholders, each with its own interests. Collaboration, mutual respect, and consideration of each other’s opinions are the key to the successful and sustainable development,” commented Stanislav Seleznev, Vice President for Ecology and Industrial Safety at Norilsk Nickel.