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Company’s Approach to Human Rights

As part of doing responsible business, the Company attaches great importance to the observance of human rights and guarantees their protection at all stages of the production process in accordance with international, national, and in-house documents.

Respect for human rights is a fundamental principle of Metalloinvest’s activities and also serves as the basis for relations with all stakeholders.

Metalloinvest guarantees compliance with the labour and human rights enshrined in the Constitution of the Russian Federation, the Labour Code of the Russian Federation, UN conventions, and the International Labour Organisation (ILO).

The principles of human rights are reflected in the Company’s internal documents:

  • Code of Corporate Ethics;
  • Health, Safety and Environment Policy;
  • Stakeholder Engagement Policy;
  • Corporate Social Responsibility and Philanthropy Policy.

Metalloinvest offers working conditions that meet all established internal and external requirements. In particular, the Company:

  • observes the ban on the use of child and forced labour;
  • guarantees the protection of human dignity and privacy;
  • recognises the right to freedom of thought, conscience, and speech;
  • seeks to provide decent wages and the best social support for all its employees and to prevent its activities from harming the inhabitants of the regions where it operates.

The Company guarantees freedom from discrimination based on racial, gender, ethnic, religious, political, or sexual grounds, political or other beliefs, national or social origin, property, estate, or other status, and based on other characteristics not related to job results.

Metalloinvest is aware of the high health risks associated with its production processes and strives to ensure maximum safety levels in the workplaces. The Company also makes significant efforts to reduce its environmental impact and preserve biodiversity and recognises and respects the rights of residents to a favourable environment. Metalloinvest also takes into account the risks of its negative impact on the wellbeing of the regions of operation due to the opening and closing of production facilities and thus all possible efforts to introduce compensatory mechanisms.

In order to make sure that human rights are strictly observed, Metalloinvest continuously interacts with stakeholders using various channels of two-way communication. The Company carefully considers each inquiry, request, or question that is submitted publicly or anonymously regardless of the applicant’s status. The Company encourages transparency and invites all stakeholders to take part in an open dialogue, including the most vulnerable groups of the population.