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Metalloinvest Joins UN International Sustainability Initiative

Steel News - Published on Wed, 11 Sep 2019

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Metalloinvest has joined the United Nations Global Compact an international initiative centred on corporate sustainability and social responsibility. As a party to the Global Compact, Metalloinvest has undertaken voluntary commitments to comply with the fundamental principles of the UNGC in the fields of human rights, labour relations, environmental protection and the fight against corruption. Metalloinvest is committed to industrial leadership through sustainable growth and the creation of shared values for all stakeholders. Every year, the Company strengthens its awareness about various aspects of sustainable development. Since 2015, Metalloinvest has been supporting UN global initiatives, including pursuing 17 UN Sustainable Development Goals.

Metalloinvest is constantly increasing the production of high-quality iron ore and steel products, reducing emissions and waste in its own production; supplying steelmaking companies all over the world with raw materials which help improve the environmental performance of the steel industry.

Mr Andrey Varichev CEO of Management Company Metalloinvest said that “Joining the UN Global Compact is a great honour and responsibility for our Company. Large businesses with advanced technologies play an important role in the preservation of resources, the protection of life and health, the development of human capital, education and research. Participation in the Global Compact provides Metalloinvest with the opportunity to share best practices and join forces with companies around the world. This will help us to effectively build a business strategy based on the principles of long-term sustainability."

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Posted By : Rabi Wangkhem on Wed, 11 Sep 2019
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