Key Assets of Uralchem Group in Level 1 Group of the ESG Index by NCR and RBC

RBC and the NCR rating agency presented an annual ESG ranking of Russian companies. Key assets of Uralchem Group, namely, Uralchem JSC and Uralkali PJSC, were put in the highest group of the ESG Index.

The 2024 survey features 117 companies from different sectors, which filled in special questionnaires. Based on the resulting scores, the entrants were assigned medium, elevated or high compliance with Environmental, Social, and Governance standards.

Designation criteria included levels of air emissions; resource preservation and augmentation efforts; compliance with labour laws and protection of employee rights; charity activities; availability of sustainable development regulations, etc.

The ESG agenda is an important aspect for both Uralchem and Uralkali. The companies actively pursue development of corporate culture and ethics, respect of human rights, preservation of biodiversity, and improvement of energy efficiency of their operations. A special focus is given to safe and comfortable working conditions, and the companies continuously expand career guidance programmes and deepen collaboration with educational institutions to attract new talents.

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RBC and NCR publish the ESG Index of the Russian Business on an annual basis since 2022. The index is based on a review of the entrants’ ESG profile.

Uralchem JSC (a part of the Uralchem Group) is one of the world’s largest producers and exporters of nitrogen and compound fertilisers. The Company’s production assets are located in Russia’s Kaliningrad Region, Kirov Region, Moscow Region and Perm Region.

Uralchem Group is a leading global producer of mineral fertilisers and chemical products. Its key assets include three major Russian companies — Uralchem JSC, Uralkali PJSC, and TOAZ JSC — with a cumulative production capacity of about 25 million tonnes. The number of people employed by the Uralchem Group is approximately 38,000.

Message source: Uralchem Group website