Diamond Miner ALROSA Among Top 3 for Environmental Responsibility

Mining and Exploration
24/03/2017 15:01

Russia's diamond mining giant ALROSA, the world leader in diamond mining volumes, ranked among the top three in the first environmental responsibility rating of Russian mining companies. ALROSA placed in the top three of all sections of the rating: "Environmental Management/Policy", "Environmental Impact" and "Disclosure/Transparency", the company announced in a press release. According to the assessors, these ratings reflect leadership in terms of transparency and in terms of minimizing the negative impact on the environment. ALROSA's environmental management systems correspond to the best world practices, and its environmental strategy is firmly integrated into its development strategy. The main objectives in the field of environmental protection are the preservation of nature and the environment, careful treatment of natural resources, sustainable development, and the lives and activities of peoples living on the territory of the company's production activities. 

In 2016, ALROSA's overall environmental expenditures totaled over $94 million (5,385 million rubles), an increase of almost 36% compared to 2015. "Such a high place in the ranking of mining companies in Russia confirms the correctness and timeliness of the company's choice in favor of a complex of effective and regular measures aimed at environmental protection. Work to improve environmental efficiency will continue", said the president of ALROSA, Sergei Ivanov. The draft environmental rating of mining companies in Russia is implemented on the initiative of the World Wildlife Fund (WWF) of Russia and the UNDP / GEF / MNRE project. To date, the rating is a unique tool that allows obtaining objective and comparable information on the level of socio-economic responsibility of mining companies of the Russian Federation.