Results of the environmental responsibility rating of mining and metallurgical companies
This rating is the initiative of WWF Russia and the UNDP/GEF-Ministry of Natural Resources and Environment of Russia project “Mainstreaming Biodiversity Conservation into Russia’s Energy Sector Policies and Operations”. The rating calculation was carried out by the National Rating Agency.
The purpose of the rating is to increase the corporate responsibility of mining and metallurgical companies and to create effective feedback from stakeholders.
The rating compares the data on the environmental responsibility level of mining and metallurgical companies and the scale of their environmental impact, including on biodiversity, and shows the dynamics in the industry as a whole. In 2015, at the first stage of the project, WWF Russia together with the industry experts and environmental organizations developed the rating methodology, that was tested in March 2017. Having analyzed the results of the pilot rating, some significant changes were introduced in the calculation methodology.
In 2017 the environmental rating included 33 largest mining and metallurgical companies working in Russia. The Russian division of the Canadian gold mining company Kinross Gold and the precious metals mining group Polymetal International shared the top positions. ALROSA Group, mining diamonds in Yakutia and in the Arkhangelsk region, retained the third place.
Compared to the pilot rating, the results of the 2017 rating showed a positive trend in interaction with the participants as half of the companies disclosed additional environmental data upon request.