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Enhancing Sustainability

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Enhancing Sustainability STRATEGIC REPORT OPERATIONAL REPORT FINANCIAL REPORT SUSTAINABILITY REPORT GOVERNANCE REPORT FINANCIAL STATEMENTS ENVIRONMENT AND COMMUNITIES Other environmental accomplishments International Development, UNICEF, the European ‘FestMetinvest’ competition was also developed OUTLOOK at metallurgical assets in 2018 included: Bank of Reconstruction and Development and and launched, large-scale sporting and Having committed to environmental overhauling the gas-cleaning equipment of the other prominent organisations – to engage educational events were held; and another improvement measures over the long term, secondary steel treatment facilities at Azovstal’s jointly in funding larger, longer-term projects. new programme for the ‘ClassMetinvest’ Metinvest will continue to prioritise work in basic oxygen furnace shop; commissioning a Building on the success of the infrastructure schools was implemented, supporting 29 this vital area in 2019, through the next decade ENHANCING new gas-cleaning system on continuous casting modernisation and social support efforts with projects in the city and the Shyrokivsky and beyond. Environmental initiatives planned machine no. 4 at Ilyich Steel; reconstructing the Mariupol Development Fund, the Group district of Dnipropetrovsk Region in 2018. for the year include replacing the remaining the gas-cleaning equipment in the foundry strived to promote such funds as the most cyclones in sintering and cooling zones of at Mariupol Machining and Repair Plant; and effective form of social partnership in Zaporizhia In Avdiivka, the Group helped to renovate the Ilyich Steel’s sinter plant, as well as testing completing extensive maintenance on the oven and Kryvyi Rih. infectious disease ward in the central municipal and commissioning the gas-cleaning unit on SUSTAINABILITY chambers at Avdiivka Coke and Zaporizhia Coke. hospital, repair local schools and preschools, Northern GOK’s Lurgi 552-B pelletising machine In 2018, Metinvest’s continued cooperation and purchase a municipal bus. In Novhorodske, now that all filters have been replaced. The As at the end of the reporting period, the Group with the Mariupol Development Fund saw a project aimed at providing the town with Group will also continue to renovate existing had 10 entities certified as compliant with the the completion of 34 projects, including independent energy sources and an improved gas-cleaning systems and install new ones at its Metinvest has long recognised its symbiotic relationship ISO 14001 environmental standard. Metinvest is rehabilitating public spaces, building and municipal heating system was completed, blast furnaces at the Mariupol steelmakers and undertaking steps to obtain certification for the modernising academic facilities, and providing as a result of which some 200 apartments with partners at the Zaporizhstal joint venture. with the environment and local communities: remaining enterprises and expects to complete modern new equipment for medical centres. and six social facilities were connected to their wellbeing is a key contributor to the long-term this process in the next few years. individual heating systems. Metinvest has proven its community Together with the Joint Action Platform in development model for strategic cooperation sustainability of the business. In 2018, with a clear SOCIAL PARTNERSHIPS INCREASED Zaporizhia from September, the Group plans Another important aspect of Metinvest’s with communities, local authorities and CAPEX pipeline and a proven local development model, The Group recognises that being a prominent to improve municipal infrastructure, reform community development drive is ‘Green Centre’. non-governmental organisations via city player in the global steelmaking industry involves educational programmes, develop public Initially established to unite the Group and local development funds and will press ahead the Group boosted its environmental and community a responsibility to demonstrate leadership institutions, sponsor cultural and sport residents in several Ukrainian cities in projects to with its work in this area, bringing together all spending, and continued to promote city development as a corporate citizen in both Ukraine and events, and support healthcare initiatives. landscape and remove waste from urban spaces, stakeholders to jointly implement larger projects all countries where it operates. To this end, it Metinvest also began a partnership with the the initiative has since expanded into other areas in Mariupol, Zaporizhia and Kryvyi Rih. The funds as the most effective form of social partnership. intends to focus on improving the environmental Foundation of the Future agency in Kryvyi Rih of environmental and community development. Group will also continue other social partnership and social conditions in local communities in November, creating a fairly extensive list In 2018, Metinvest held around 1,000 programmes to make a lasting positive impact by implementing initiatives that will have of potential initiatives. environmental events as part of the ‘Green in its communities. the maximum positive effect. Centre’ initiative in Mariupol and Kryvyi Rih, In addition, the Group continued to develop and expanded this campaign to Zaporizhia. In 2019, Metinvest plans to publish its regular ENVIRONMENTAL EFFORTS REDOUBLED In 2018, Metinvest allocated some US$263 Throughout the 12 years of its existence, the other forms of cooperation with communities to Corporate Social Responsibility Report for As a significant number of Metinvest’s operating million for environmental operating and Group has worked to develop the residential engage residents in identifying the most useful Alongside this, the Group continued to roll out 2017-18, prepared in accordance with the facilities were commissioned in an era before capital expenditure, up 17% year-on-year areas around its enterprises, including by social initiatives. Examples of longstanding an educational initiative called ‘Green Plant’ international Sustainability Reporting Guidelines there were any environmental standards, as they and the highest level in four years. Importantly, modernising urban infrastructure, healthcare community programmes that Metinvest devised in Mariupol, which aims to raise environmental of the Global Reporting Initiative and the are understood today, the Group understands environmental CAPEX reached US$92 million, and educational facilities. To underpin such are the ‘We Improve the City’ contest in Mariupol awareness through its centres using bespoke principles of the UN Global Compact, as part that it still has a significant amount of work the most since 2011, as the Group follows the projects, it has engaged with international and ‘We are the City’ in Zaporizhia, which are study material. Elsewhere, Metinvest piloted a of its general commitment to transparency ahead to improve its environmental footprint. roadmap of projects outlined in its Technological donors and introduced modern formats of held each year. In 2018, Metinvest sponsored project to organise the collection of separated and accountability to stakeholders. To address this, it is pursuing a comprehensive Strategy 2030. partnership with local residents, small and and helped to implement 11 projects in Mariupol waste at schools in the city. asset modernisation programme with two medium-sized businesses and authorities. and 73 in Zaporizhia. In Kryvyi Rih, the new interrelated aims: to mitigate the environmental Several environmental projects were ongoing in In times of acute need, such as emergency impact of its operations and to ensure compliance 2018. By far the most significant of them is the situations, it has also provided prompt and with the most exacting requirements in the area reconstruction of the sinter plant at Ilyich Steel, effective humanitarian support. Spending on environment Spending on communities where possible. for which Metinvest has earmarked spending of around US$150 million. The work, which Metinvest views its social initiatives as strategic, A central part of the Technological Strategy represents the largest environmental long-term investments intended to ensure US$263M US$13M 2030, the programme involves upgrading all undertaking in the history of independent the sustainable development of the towns, +17% +53% gas-cleaning, dust-trapping and wastewater Ukraine, began in 2012 and is due to be cities and regions where it is present. One key processing equipment at major production units, completed in 2020. One particular milestone in reason for this is that its enterprises are often including beneficiation and pelletising facilities, the initiative came during the reporting period, the main employer and economic anchor 1% 64% 1% 4% 50% sinter plants, blast furnaces, basic oxygen when the Group launched the first phase of in their communities, which creates a close, 9% furnaces and re-rolling mills. Metinvest is aiming new gas-cleaning equipment in April. symbiotic relationship. to conduct most of the work in the next five to six years by harnessing the latest environmental A second major environmental project is the In 2018, the Group spent around US$13 million expertise and technology in Europe and replacement of the gas-cleaning units on the on community projects, up 53% year-on-year, worldwide. Alongside this, in the communities Lurgi 552-B pelletising machine at Northern GOK working with stakeholders to target initiatives 35% where it operates in Ukraine, Europe and to comply with air pollution limits and improve that will bring
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