Uralkali Scores Above Industry Average in Inaugural SAM ESG Rating

25.12.2020

Uralkali, one of the world’s largest potash producers, announces that it has achieved a strong debut score in the reputable SAM Corporate Sustainability Assessment rating.

The Company has achieved a Total Sustainability Score of 52, outperforming its international peers, given the average score of 36 for the chemical industry. Uralkali was ranked in the 72nd percentile among global chemical producers in the 2020 assessment and reflects the Company’s commitment to high sustainability standards and disclosure.

Vitaly Lauk, Uralkali CEO, commented:

Receiving a high score in our first SAM rating is testament to the significant progress that Uralkali has made in the area of sustainable development by 2020.

This represents a strong foundation for further improvement, and we continue to progress in this area, with the next step being the approval of our ESG Strategy until 2025.

Receiving an independent ESG assessment from a reputable rating agency helps us to benchmark Uralkali’s progress against other chemical companies in terms of corporate governance, social development and environmental indicators.

Reference

The SAM Corporate Sustainability Assessment (CSA) is an annual evaluation of companies’ sustainability practices issued by S&P Global. With an annual assessment of 7,300 companies around the world, the SAM CSA is recognized as one of the most trusted and highly regarded ESG ratings.

Uralkali (www.uralkali.com) is one of the world’s largest potash producers and exporters. The Company’s assets consist of 5 mines and 7 ore treatment plants in the towns of Berezniki and Solikamsk (Perm Region, Russia). Uralkali employs more than 12,000 people in the main production unit.

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Cardinal rules

Smoking in mines is prohibited.
Work at heights without wearing a safety harness is prohibited.
Work in electrical installations under voltage is prohibited.
It is forbidden to perform work and stay in the bottomhole zone during the operation of the mining machine.
Loading and unloading operations when people are in the danger zone are prohibited.
Working in underground mines with unsecured and/or unassembled roofing is prohibited.
It is forbidden to carry out repairs and maintenance of conveyors without disconnecting from energy sources, use of conveyors for transfer of people and goods (materials and/or equipment), crossing (either above or under) operating conveyors by employees are not allowed.
It is forbidden to carry out welding and flame work in underground mines and mine buildings without the necessary safety measures preventing fire.