Environment
Environment
In our view it is imperative that mining companies operate in a responsible manner. This requires effective environmental and social governance to minimise the impact of mining operations and to maximise the benefits, be they environmental or social. We understand the need to implement our environment and social governance policies throughout all of the Group's operations to ensure that effective and robust systems and controls are in place at an operational level. As a result, we have staff at all levels within the Group who are responsible for environment, health and safety and social and community issues.
The Natural Resources Management and Ecological Department which is based in Moscow, supports the Board, provides guidance and support to OAO Pokrovskiy Rudnik, the operating company at the Pokrovskiy mine, carries out internal environmental audits, oversees all environmental activities of the operating companies in the Group throughout Russia and liaises with the regulatory agencies based in Moscow. The Sustainability Committee oversees all aspects of environmental and social management, setting priorities for the Group and reviewing progress in implementation. In Blagoveschensk, the Director of the Ecological Department is responsible for environmental monitoring and control at Pokrovskiy Rudnik. Internal and external environmental monitoring is regularly carried out at the mine under the supervision of the Director who is also responsible for reporting on performance and compliance matters both internally and to the Russian regulatory authorities. The mine has not paid a single fine to Russian authorities since inception of its operations.
To view numerical data concerning the Group's 2007 performance in the field of environmental performance, please navigate to the Key Performance Indicators tab to the left.
