Push Release

updated: Apr 29, 2021 13:00 EDT

MMC Norilsk Nickel, the world’s major refined nickel and palladium producer, has retained management in the world-wide metals and mining marketplace in terms of industrial well being and basic safety. The injury amount has fallen to a record very low amount. The Dropped Time Harm Frequency Amount (LTIFR) diminished more to 0.21 for each 1,000,000 person-hrs in 2020 from .32 in 2019. The total range of occupational incidents decreased 32{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} calendar year-on-yr.

Vladimir Potanin, Nornickel’s President, commented on the Company’s sustainability efforts in 2020: “The troubles we faced in 2020 confirmed our strategic adherence to the concepts and objectives of sustainable development, in particular, the principles of the UN Global Compact. We managed to pursue our employees’ overall health and safety as a priority amid the COVID-19 pandemic and proficiently adapt our business enterprise processes to the new reality. A quick and nicely-coordinated reaction to the unprecedented fuel spill in Norilsk helped to prevent a major environmental disaster in the Arctic. The Corporation has learned its lessons, improved its threat administration process and established new targets to mitigate its environmental effect.”

Zero injuries continues to be one particular of the Firm’s top strategic aims, with a performance on injuries getting amid crucial KPIs with a 20{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} fat set for the administration remuneration. The Business employs stringent industrial protection policies, with 17 corporate specifications acquiring remaining designed to mitigate security-associated threats. Because 2014, an annual impartial evaluation of Nornickel’s safety tradition has been carried out by an independent guide. The over-all basic safety lifestyle score is assigned primarily based on the Bradley Curve. More than the past 7 decades, the Firm’s evaluation has improved from 1.4 to 3. points (on a 1-4 details scale, wherever four indicates solid security tradition).

The Enterprise has managed social assistance for its workers at a high standard, having avoided redundancies during the pandemic of COVID-19 and allocating a whole of US $161M to struggle the outbreak. Additionally, the common every month income in 2020 improved by almost 11{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}, remaining 1 of the maximum in the field in Russia. The share of employees included by collective bargaining agreements improved to 93.7{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} in 2020 (versus 83{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} in 2019).

Nornickel has considerably upgraded its threat management procedure, which include weather adjust threats, improved the organisational structure and released more stringent environmental KPIs for the management. In particular, yearly KPIs for 2021 have been revised to include zero environmental incidents, while very long-time period KPIs are at the moment staying created to include improvements in environmental overall performance and reduction of the effects on climate transform.

Far more specifics about Nornickel’s sustainable efficiency can be found in the Company’s yearly sustainability report for 2020, readily available on its world-wide-web internet site. In addition, a special white paper masking its industrial incidents has been posted. The paper describes the results in of the incidents, measures taken to eliminate the outcomes, rehabilitation attempts, as well as subsequent organizational modifications aimed at preventing equivalent incidents in the upcoming.

Source: MMC Norilsk Nickel