Sustainable development

VIZ-Steel considers sustainability its social mission. Achievement of sustainability goals meets the long-term economic interests of the business, contributes to community welfare, along with conservation of the environment and improving the quality of life.

The Company's sustainability priorities are as follows:

• Operational efficiency
• Energy efficiency
• Personnel development
• Occupational health and safety
• Minimization of the environmental footprint

Increasing operational efficiency is a key Strategy 2022 target. Among other things, it includes the reduction in consumption of a number of resources driven by the implementation of advanced technologies and efficient waste management.

Occupational health and safety. In its processes, the Company operates hazardous production facilities and for that reason is responsible for well-being and safety of its employees. The Company aims to be a leader in occupational health and safety (OHS) among steel companies through applying best available OHS practices, efficient risk management, through the provision of incentives and by actively involving employees in occupational safety programmes.

Minimizing environmental footprint is a prerequisite for the successful achievement of Strategy 2022 targets. A minimized negative impact on the environment is the result of NLMK Group’s capex programme alongside planned environmental and technological initiatives outside of the investment process.

Increasing energy efficiency is a part of the company’s strategic activities targeting reduction in fuel purchase and energy consumption.

Personnel development is a prerequisite for the company’s long-term competitiveness and dynamic development along with an increased potential of its human capital. High-quality professional training provides the level of employee qualification necessary for solving professional challenges. It also increases employee loyalty, forms a favourable social and psychological climate in the workplace and has a direct impact on the development of corporate culture.