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WWF names the most environmentally friendly companies

10 december 2018
WWF_news_logo.pngThe World Wide Fund for Nature (WWF) of Russia has published a 2018 rating of openness in the field of environmental responsibility among the mining and metallurgical companies operating in the country. The top ten include Kinross Gold with a final score of 1.59, Polyus Gold (1.43), SDS-Coal (1.42), Polymetal (1.33), AGD Diamonds (1.32), Metalloinvest (1.3), Severstal (1.28), ALROSA (1.25), Norilsk Nickel (1.24) and Novolipetsk Iron and Steel Works (1.17).
The openness rating is a project of Russia’s World Wide Fund for Nature (WWF) and National Rating Agency implemented with the support of the United Nations Development Program, the Global Environment Facility and the Ministry of Natural Resources and Environment of the Russian Federation.
The rating has been published since 2015 and, according to its organizers, not only made a real contribution to ensuring the transparency of environmentally relevant information coming from companies in the sector, but also provided the first comparative assessments of the companies’ environmental responsibility and the scale of their environmental impact.
The purpose of this rating is to help reduce the burden on the environment and improve the efficiency in using natural resources, as well as conduct socially responsible business in Russia. The rating is based on the criteria formulated in the Basic Principles for Environmentally and Socially Responsible Policy of Mining Companies, as well as in a number of international documents.
The rating proceeds from the activities of 33 largest mining companies in the field of environmental management and policy, environmental impact and information disclosure and transparency. AGD Diamonds has been recognized as the best among diamond mining companies.

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Image credit: AGD Diamonds

Victoria Quiri, Correspondent of the European Bureau, Rough&Polished, Strasbourg