RE: It's perfectly clear what they are doing, stop spreading nonsense23 Nov 2021 15:32
"In the unlikely event that they don't sell anything they will mine it themselves, can you imagine any major miner letting that happen? " - On Norilsk's ESG focussed door step, not a chance!
"Kola MMC became the first company in Russia to pass an audit in accordance with the Responsible Minerals Initiative ESG Standard. The company has confirmed its status as a responsible supplier of minerals and finished products.
From November 9 to 12, at the Kola MMC in Monchegorsk, a sustainability audit was conducted in accordance with two standards: JDDSRMI (Join Due Diligence Standard) and RMI ESG Standard (Responsible Minerals Initiative ESG Standard). It was conducted by TDI at the request of the Responsible Minerals Initiative.
- Passing audits allows us to show customers that products - metals or semi-finished products - were produced in full compliance with national legislation, labor protection, industrial, fire, and environmental safety. In addition, the due diligence system is being checked, that is, to what extent the raw materials are legally supplied to the Kola MMC. Compliance with ESG principles (responsible attitude to the environment, high social responsibility, high quality of corporate governance - ed.) Determines who will buy the products and at what cost, '' Vyacheslav Chaly, head of the sustainable development department of Kola MMC, told Kn51.
The past audit did not reveal critical points to which you need to immediately respond. The work on the elimination of comments and implementation of the recommendations will be carried out after the receipt of the final report. Then Kola MMC will appear on the Responsible Minerals Initiative website as a worthy supplier of minerals and finished products with a corresponding certificate.
Obtaining this document will reduce the number of audits conducted in the future, because buyers will be able to make sure that the work of Kola MMC is in accordance with ESG principles thanks to the certificate.
- The Responsible Minerals Initiative ESG Standard has just been released. In the world, only a few companies have been audited on it; in Russia, Kola MMC became the first. We will annually confirm our status, - emphasized Vyacheslav Chaly."
GLA