Statement from the Chairman
of the Board of Directors

Dear colleagues and partners!

I am pleased to present Metalloinvest’s first Sustainability Report. It replaces our previous Corporate Social Responsibility Report, which is a step reflecting profound shifts in corporate strategy. To us, sustainable development is the foundation and philosophy of Metalloinvest’s business.

We are committed to leadership in the industry and are convinced that it can only be achieved by means of sustainable growth and value creation for all stakeholders.

New industrial and digital technologies provide unprecedented opportunities for efficient and sustainable production. In 2018, Metalloinvest continued to implement its ambitious Industry 4.0 transformation program, introducing advanced technologies and optimising business processes.

People are the core of our transformation processes and are the Company’s main focus. We move forwards with a solid understanding that a team of like-minded individuals who share common goals and are ready to learn are the key of an organisational change. During the reporting period, Metalloinvest paid a great deal of attention to the professional and personal growth of its employees. The Company actively implemented programs to upgrade and advance personnel’s skills and knowledge and engage them into solution development for sustainable production, digital transformation and automation.

Our top priority remains occupational health and safety of our workers. In 2018, Metalloinvest actively worked on incorporating best practices into Occupational Health and Safety management systems and developing a culture of intolerance to any safety violations.

Metalloinvest is committed to the principle of zero tolerance for any forms of corruption. All our employees are guided by the Anti-Corruption Compliance Program and Anti-Corruption Policy, which also apply to the Company’s contractors and business partners.

Metalloinvest has put significant efforts into projects that aim at minimising negative impacts associated with business activities. We strive to increase the share of reusable resources.The Company has installed air filters at all production sites, and also set up water recycling systems that feed treated water back into production. The Company is launching systems to monitor and manage the environmental performance indicators of its production processes. Metalloinvest is also developing in-house power generation technologies at its production facilities to help reduce our consumption of natural gas.

The results of 2018 prove that we have chosen the right path towards sustainable development and guide us to further investment in sustainability.

Yours faithfully,
Ivan Streshinsky
Chairman of the Board of Directors
of Management Company Metalloinvest