NLMK
Group, a global steel company, announces today that the FTSE
Russel agency has revised NLMK’s FTSE4Good
rating upwards from 3.4 to 4.3 (with a maximum of 5.0)
following its regular review. With this new rating, NLMK Group now
ranks among the top 3% of steelmaking companies with the
most sustainable practices (outstripping 97% of participating
companies).
Matters of sustainable development are
integrated into NLMK’s long-term strategy. The Company’s
performance is reflected in its high standings in ESG
ratings. Earlier in 2021, NLMK Group received the high B- grade
from the Carbon Disclosure Project (CDP), the leading global
organization for rating companies’ climate sustainability.
In addition, NLMK Group ranked among the top 3 companies
in the WWF Environmental Transparency Rating. In 2021,
Sustainalytics increased NLMK’s sustainability rating — the
Company is currently among the 10 best steelmaking
companies of the 140 that the agency analyses. In the
Forbes Best Employers Rating, NLMK received the highest grade in the
Environment section. In 2021, the World Steel Association
awarded NLMK Group the title of Sustainability Champion.
For the latest version of NLMK’s
sustainability presentation, please follow the link.
About NLMK Group
NLMK Group is the largest steelmaker
in Russia and one of the most efficient in the world.
NLMK Group’s steel products are used in various
industries, from construction and machine building to the
manufacturing of power-generation equipment and offshore wind
turbines.
NLMK operates production facilities in Russia,
Europe and the United States. The Company’s steel production
capacity exceeds 17 million tonnes per year.
NLMK has a highly competitive cash cost among
global manufacturers and one of the highest profitability levels
in the industry. The Company has investment grade credit ratings
from S&P, Moody’s, Fitch, and Expert RA.
NLMK’s ordinary shares with a 20.7%
free-float are traded on the Moscow Stock Exchange (ticker
"NLMK") and its global depositary shares are traded on the
London Stock Exchange (ticker "NLMK:LI"). The share capital
of the Company is divided into 5,993,227,240 shares with
a par value of RUB1. For more details on NLMK
shareholder capital, please follow the link.
For more details on NLMK Group, please visit
our website.
For NLMK Group’s photos and corporate videos,
please visit our media library.
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