ALROSA Presents Action Plan for Sustainability Programme Implementation

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July 29, 2021 – ALROSA has developed and approved a three-year Action Plan for the implementation of its recently approved comprehensive 2021-2025 Sustainability Programme aimed at increasing responsibility and transparency of its diamond mining and production operations, and strengthening of consumer confidence. The plan contains practical measures to achieve the goals set in the Program and improve ALROSA’s management and reporting systems.

In 2021, ALROSA adopted a five-year Sustainability Programme which sets the company’s fundamental sustainability principles and strategic approach to sustainability and identifies medium-term ambitions and key performance indicators.

To meet the commitments the Company has developed a comprehensive Action Plan for the next three years which includes a list of practical measures to achieve each of the Programme ambitions and improve ALROSA’s management and reporting systems. In particular, the Plan covers such important activities as developing sustainability KPIs for the management, expanding the company's membership in relevant international initiatives and ensuring compliance with leading responsible business standards, developing strategic goals and practical measures to reduce greenhouse gas emissions and ensuring efficient use of natural resources, implementing the leading health and safety standards, focusing on human rights, anti-corruption, improvement of the risk management system and many others.

Supervisers at the senior management level have been nominated for each strategic pillar, and responsible business units and deadlines have been assigned for each action, including:

  1. People – Olga Makarova, Deputy CEO, HR Director
  2. Health and Safety – Igor Sobolev, the first Deputy CEO, COO
  3. Environment – Marat Aygistov, Deputy Chief Engineer, Sergey Barsukov, Deputy CEO, Alexey Philippovskiy, Deputy CEO
  4. Communities – Alexey Dyachkovsky, Deputy CEO, Dinara Suleymanova, Head of Marketing and PR, Vladimir Kozlov, Deputy CEO
  5. Governance and Ethics – Sergey Barsukov, Deputy CEO, Alexey Philippovskiy, Deputy CEO, Dmitry Amelkin, Director of Cutting and Polishing Division, Vladimir Rebrov, Head of Security, Olga Makarova, Deputy CEO

“2021 marked ALROSA’s transition to a qualitatively new level of sustainability management. We have taken a number of important steps in this area, including the establishment of the Strategy and Sustainability Committee under the company’s Supervisory Board with the participation of international experts and the launch of the Sustainability Programme until 2025. Having set the ambitious targets for transforming our company in accordance with responsible business principles, we have developed a set of practical measures to achieve them. I believe it is important to share this information with our stakeholders and confirm ALROSA's intention to continuously improve its operations, implement modern technologies and best practices, and promote leading international standards in the field of climate, environment, social responsibility, corporate governance and industry self-regulation” said Sergey Ivanov, ALROSA CEO – Chairman of the Executive Committee.

The Action Plan like the Sustainability Programme is subject to annual review and revision by the Strategy and Sustainability Committee under the Supervisory Board. The company has also committed to disclosing the progress achieved in its annual sustainability reports.

More details on the Action Plan for the implementation of the comprehensive 2021-2025 Sustainability Programme for can be found on the company's website.

This page was last updated on 29 July 2021 at 16.43