July 13, 2021 – ALROSA has approved its Health & Safety Code of Conduct and guidelines for managers, an additional tool to increase personal responsibility of managers at all levels thus further improving the corporate culture.
The Code contains both guidelines all managers should follow in their daily work to protect the life and health of their team members, as well as essential safety regulations for the Company’s employees.
Failure to comply with the Code or the essential safety regulations will lead to disciplinary action and, depending on the gravity of the consequence resulting from such failure, disciplinary action will include job competency evaluation up to dismissal.
“Employees health and safety remain our top priority, and we are continuously improving our occupational safety framework to bring the number of production-related accidents and occupational injuries across our facilities to zero. We aim to increase engagement and responsibility of managers for ensuring compliance with workplace safety regulations,” said Igor Simonov, Head of H&S at ALROSA.
ALROSA is committed to promoting a culture of safety. In May 2021 ALROSA presented its 2021-2025 H&S Strategy aimed to completely eliminate workplace fatalities leveraging best management practices and state-of-the-art technology.
The Sustainability Programme approved by the Company in June 2021 also sets out the key H&S objectives until 2025, including achieving zero injuries and an annual 10% decrease in Lost Time Frequency Rate (LTIFR).
ALROSA pays close attention to ESG matters and meets the highest CSR standards. Every year, the Company allocates about 8% of its revenues to more than 500 social and environment initiatives as part of its global programme Diamonds that Care. In 2020, ALROSA’s ESG investments exceeded USD 216 mln (about RUB 16 bln), which is in line with RUB 20-25 bln invested annually in technical renovation, mining facilities and infrastructure.