Sustainability Governance and Management

OJSC MMC Norilsk Nickel continuously improves its governance and management systems relying on Russian and international best practices in sustainability management, and increasingly bringing the systems into compliance with generally accepted international standards.

Sustainability activities of the Company are guided by its governance bodies: the Board of Directors, the Management Board and the General Director.

Sustainability management structure

Sustainability management at the Company level is carried out by a number of functional divisions, responsible for preparation, adoption, and implementation of managerial decisions.

All functional divisions of the Company are involved in sustainability management in their particular areas of responsibility. The management of day-to-day corporate social responsibility activities at the Company level is carried out by a number of functional divisions, responsible for preparation, approval, and implementation of the respective managerial decisions.

It is the Deputy General Director – Head of the Government Relations and Social and Corporate Policy Division, who is responsible for the general coordination of the Company’s CSR activities. Preparation of the Corporate Social Responsibility Reports is the responsibility of the Labor Management and Motivation Department.

Specific areas of activities are coordinated by respective commissions and committees, including the Budget Committee, the Scientific and Technological Council, the Expert Committee, and the Charity Committee1.

In 2010, four committees of the Board of Directors, including Strategy Committee, Budget Committee, Audit Committee, Corporate Governance, Nomination and Remuneration Committee2.

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1 For more details see Social Reports of  OJSC MMC Norilsk Nickel for 2005, 2006 and 2007.
2 On February 3, 2009, Corporate Governance Committee and Social Policy Committee – were abolished by the Board of Directors with their responsibilities passed to the newly established Corporate Governance, Nomination and Remuneration Committee.