NLMK Board of Directors approves Sustainable Development Policy

The Board of Directors of NLMK Group (LSE: NLMK; MOEX: NLMK), a global steel company, has approved the Company’s Sustainable Development Policy (hereinafter referred to as the “Policy”).

The Policy defines NLMK Group’s sustainability principles, goals and targets, as well as the mechanism for oversight of the Company’s ESG agenda by the NLMK Board of Directors. For example, NLMK’s Strategic Planning Committee has been tasked with identifying the Company’s strategy and objectives minimizing its environmental footprint, which includes reduction of greenhouse gas emissions as well as the review and approval of the relevant investment programmes. The Audit Committee will control the comprehensiveness of the Company’s ESG disclosure.