ALROSA remains constituent of FTSE4Good Index Series

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July 31, 2020 - FTSE Russell confirmed that ALROSA remains a constituent of the FTSE4Good Index Series, which is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices.

The FTSE4Good indexes are used by a wide variety of market participants to assess the companies’ sustainability performance. FTSE Russell evaluations are based on performance in several areas, such as Corporate Governance, Occupational Health & Safety, Anti-Corruption, and Climate Change etc.  Corporates included in the FTSE4Good Index Series meet strict environmental, social and governance criteria.  For the first time, ALROSA was included in the FTSE4Good Index in 2016.

In 2019, ALROSA allocated over RUB 12 billion (approx. US$160 million) for social investments, including pension payments, regional development programs, corporate social programs for employees and their families, and about 500 social and charitable projects. Environmental expenditures exceeded RUB 7 billion (approx. US$95 million).

ALROSA also has a BB rating in the MSCI ESG rating system that assesses environment, social responsibility and corporate governance. Besides, the company is in the top 10 of the environmental responsibility rating of Russian mining companies developed on the initiative of the World Wildlife Fund (WWF) of Russia and the UNDP / GEF project of the Ministry of Natural Resources of Russia. In 2019, the company received the Diamond Empowerment Fund (DEF) award for implementing social projects in the regions where it operates (Community Stewardship).

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This page was last updated on 31 July 2020 at 12.53