Climate Change Data

Public Joint-Stock Company Moscow Exchange MICEX-RTS

Climate Impact & Sustainability Data (2016, 2023)

Reporting Period: 2016

Environmental Metrics

Total Carbon Emissions:728,468 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:268,093 tCO2e/year
Scope 2 Emissions:460,375 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:7,020 TJ/year
Water Consumption:14,477,000 m3/year
Waste Generated:73,973,958 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Protecting the environment
  • Valuing our employees
  • Ensuring their health and safety
  • Supporting local communities
  • Creating economic value

Environmental Achievements

  • Maintained a long track record of zero environmental incidents
  • Became signatories to the International Cyanide Management Code
  • Included biodiversity conservation and restoration in our Environmental Management System (EMS) and Corporate Environmental Policy
  • Reduced GHG emissions intensity at mature mines by 5%
  • Decreased energy intensity of ore mining and processing by 6% Group-wide.

Social Achievements

  • Invested more than US$5 million in local communities and constructed or upgraded over 50 community facilities
  • Decreased staff turnover rate from 8.3% to 5.5%
  • Invested US$866 thousand in professional training, with 82% of employees receiving development training
  • Upgraded social benefits package
  • Signed collective bargaining agreements at new operations

Governance Achievements

  • Introduced new policies on human rights and carbon management
  • Achieved re-certification of EMS and Occupational Health and Safety Management System
  • Reaffirmed as a member of the FTSE4Good Index and included in the STOXX ESG Leaders index

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Develop corporate energy management system in compliance with ISO 50001 standard
  • Consider using renewable energy sources (wind and solar) at remote production sites
Short-term Goals:
  • Upgrade EMS to comply with the 2015 version of ISO 14001 standard and certify it in 2018
  • Complete reconstruction of the dump facility for solid domestic and industrial waste in Lunnoye
  • Implement biodiversity conservation action plan

Environmental Challenges

  • Workplace accidents resulting in four fatalities
  • Potential harm to local communities from operations
  • Challenges in managing risks associated with underground mining operations in challenging geomechanical conditions
  • Managing water usage and mitigating the threat of flooding
  • Securing energy supply in remote locations
Mitigation Strategies
  • Introduced a positioning system to improve safety in underground operations
  • Implemented major improvements in risk management procedures
  • Strengthened safety procedures, especially those aiming to reduce the risk level in our underground mines
  • Continued Group recertification of safety in compliance with OHSAS 18001
  • Maximising water recycling and reuse
  • Assessing options for sourcing energy from alternative and renewable sources
  • Implementing energy and cost efficiency programmes

Supply Chain Management

Supplier Audits: 3,744 companies audited in 2016

Responsible Procurement
  • Compliance with all applicable laws and regulations, EMS, and requirements around packaging, noise, pollution and emergency preparedness
  • Use of e-procurement system for increased transparency
  • Audits to ensure ethical suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Severe weather conditions disrupting operations
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI G4 Sustainability Reporting Guidelines

Certifications: ISO 14001, OHSAS 18001

Third-party Assurance: PwC

UN Sustainable Development Goals

  • Goal 7 (Affordable and clean energy)
  • Goal 8 (Decent work and economic growth)
  • Goal 13 (Climate action)

Aligned business strategy with the SDGs; initiatives contributing to decent work, economic growth, and climate action.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Reaffirmed membership in FTSE4Good
  • Included in STOXX ESG Leaders
  • Various awards for employees and projects

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Sustainability

Environmental Achievements

  • Not disclosed

Social Achievements

  • Launched Investor Protection Club
  • Increased financial literacy programs reaching over 700,000 people through the Investor’s Way course and Moscow Exchange School.

Governance Achievements

  • Achieved ISO 37301:2021 Compliance Management System certification at the Group level.
  • Won the “Development of a culture of trust in the financial market” category of Russian Compliance Award 2023.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Geopolitical tensions and sanctions impacting the Russian economy and financial markets.
  • EU blocking sanctions against NSD.
  • Increased market volatility and inflation.
Mitigation Strategies
  • Implemented temporary restrictive economic measures.
  • Filed a lawsuit to appeal against sanctions on NSD.
  • Developed solutions to unblock customer assets.
  • Monitored changes and took measures to maintain financial stability.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Competitive procedure for selecting contractors

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Bank of Russia’s Corporate Governance Code, G20/OECD corporate governance principles, International standards and principles relating to corporate social responsibility and sustainable development

Certifications: ISO 37301:2021, ISO/IEC 27001:2013, ISO 22301:2012

Third-party Assurance: Bureau Veritas Certification Rus

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Russian Compliance Award 2023
  • 1st place diploma in the Investment Product or Service category at the 13th annual FINAWARD-23