Social mission and principles in the area of sustainable development and corporate social responsibility

Social mission of MMC Norilsk Nickel

Producing output required by society - base and precious metals – in the safest and most efficient manner possible on a sustainable, long-term basis, thereby contributing to social progress and prosperity, sustainable development of Russia’s regions and the well-being of their inhabitants, and improved living standards for the Company’s employees.

The Company’s management defined the leading role of the Company in global mining and metallurgical business as a chief aim of development. The HR Strategy approved in 2006 by the Board of Directors geared on this aim achievement.

In December 2007 the Company’s Management approved the basic provisions of the HR Strategy of MMC Norilsk Nickel’s through 2020. The HR Strategy defines the main streams of HR management and HR tools development in the mid and long-term perspective.

The Company policy in the areas related to sustainable development is defined in a number of other documents: Concept of OJSC MMC Norilsk Nickel social-economic development through 2015; Collective agreements and local legally binding agreements; Agreement on regulation of social and labour relations at the entities of Norilsk Nickel Group located in the Municipality “Norilsk City” and Taimyr (Dolgan-Nenets)¹ Autonomous Region for 2006-2008; Code of Ethics; Health and Safety Management System; Environmental policy; Quality protection policy and other documents.

CSR principles in relation to society as a whole

• Production of goods in the most efficient manner possible in the volumes, quality and mix demanded by the market to meet society’s needs, taking into account the interests of both the business and society;
• Strict compliance with the law wherever the Company operates, including tax compliance;
• Compliance with the provisions of international treaties, including international business standards;
• Use of resource saving technologies and measures to ensure environmental and industrial safety;
• Organisation of socially significant charity projects in the social and environmental spheres both in Russia and overseas.

CSR principles in relation to local communities

• Employment of the local population;
• Payment of taxes to local and regional governments;
• Socially responsible restructuring using methods acceptable to local communities; 
• Implementation of projects to facilitate local socio-economic development and social improvement;
• Participation in environmental protection projects;
• Charity activities for socially vulnerable groups.

CSR principles in relation to personnel

• Provision of productive jobs with competitive remuneration and social benefits;
• Strict compliance with labour legislation and collective bargaining agreements;
• High occupational health and safety standards and high-quality social facilities in the workplace, with protection of employees’ health and safety as a top priority;
• Opportunities for all-round professional and cultural development.