Company report
Summary Results
Evraz’s strongest performances relate to Business Conduct and Working Conditions. The company has three relatively strong performance areas. Firstly, Evraz has made a formal commitment on anti-bribery and corruption and taken measures to operationalise this policy. Secondly, Evraz fully discloses the payments it makes to sub-national and national governments. Finally, the company has made a formal commitment to provide safe and healthy working conditions, tracks and reviews its performance on this issue, and has taken measures to improve its performance.
On the other hand, Evraz’s overall results are limited by a lack of evidence of the company having adopted a lifecycle management approach to consider and address its social and environmental impacts throughout all phases of its operations. In addition, there is limited evidence of Evraz addressing many Community Wellbeing issues. This includes a lack of evidence of the company having a systematic approach to engage local communities or develop local businesses.
The maximum value of 1.000 represents the aggregation of best scores achieved for all indicators in a given thematic area, taking into account all companies’ results. As the aggregate best score varies from one area to another, these charts cannot be used to compare company performances across different areas.
All company results are based on public domain data that have been sourced by RMI analysts or provided by companies. In the case of a few companies, very little information was available. It is important to note that a low score may only reflect a lack of relevant information in the company’s publicly available documentation.
Relative company performance
Commitment (11 indicators)
Action (41 indicators)
Effectiveness (21 indicators)
Indicator-by-indicator results
Economic Development
A.01 National and Regional Socio-Economic Development Planning
A.02 Procurement
A.03 Capacity Building
A.04 Enhancing the National Skills Base
Selected Mine sites results
Mine sites individually assessed but not included
in the overall company score
| Mine Site Name | Local Procurement (score /6.00) | Local Employment (score /6.00) | Community grievance mechanism (score /6.00) | Workers grievance mechanism (score /6.00) | Water quality and quantity (score /6.00) | Biodiversity management (score /6.00) | Mine site (score /6.00) |
|---|---|---|---|---|---|---|---|
| Krokodil Kraal | 0 | 0 | 0 | 0 | 0 | 0 | 0.00 |
| Mapochs | 0 | 0 | 0 | 0 | 0 | 0 | 0.00 |
| Sukha Balka | 0 | 0 | 0 | 0 | 0 | 0 | 0.00 |
List of all mine sites
| Mine Site Name | Aliases | Country | Company's share (%) | Products | Mining types |
|---|---|---|---|---|---|
| Alardinskaya | Russia | 100 | Coal | Open-pit | |
| Gusevogorskoye | Russia | 100 | Iron Ore, Vanadium | ||
| Kachkanar | Russia | 100 | Vanadium, Iron Ore | Open-pit | |
| Kachkanar Proper | Sobstvenno-Kachkanarskoye | Russia | 100 | Iron Ore, Vanadium | |
| Kaz | Russia | 100 | Iron Ore | ||
| Krokodil Kraal | South Africa | 72.8 | Iron Ore, Vanadium | Open-pit | |
| MUK-96 | Russia | 100 | Coal | ||
| Mapochs | Highveld, Vametco | South Africa | 74 | Iron Ore, Vanadium | Open-pit |
| Osinnikovskaya | Russia | 100 | Coal | ||
| Raspadskaya | Russia | 100 | Coal | ||
| Raspadskaya Koksovaya | Russia | 100 | Coal | ||
| Razrez Raspadsky | Russia | 100 | Coal | ||
| Sheregesh | Russia | 100 | Iron Ore | ||
| Sukha Balka | Frunze, Yuvileyna | Ukraine | 99.25 | Iron Ore | Open-pit, Underground |
| Tashtagol | Russia | 100 | Iron Ore | ||
| Uskovskaya | Russia | 100 | Coal | ||
| Yerunakovskaya VIII | Russia | 100 | Coal | ||
| Yesaulskaya | Russia | 100 | Coal |
Closed mine sites (controlled assets under care & maintenance, closure or post-closure management)
| Mine Site Name | Aliases | Country | Company's share (%) | Products | Mining types | Year of closure |
|---|---|---|---|---|---|---|
| Abashevskaya | Russia | 100 | Coal | Underground | 2013 | |
| Irbinsky | Russia | 100 | Iron Ore | Open-pit | 2013 | |
| Stratcor | USA | 100 | Iron Ore, Vanadium | Open-pit | 2008 | |
| Tagaryshskaya | Russia | 100 | Coal | Underground | 2011 | |
| Tayzhina | Russia | 100 | Coal | Underground | 2005 |
Main Shareholders
| As of: 30/03/2018 | Shares (%) |
|---|---|
| Abramovich (Roman Arkadyevich) | 30.76 |
| Abramov (Alexander Grigoryevich) | 21.09 |
| Frolov (Alexander Vladimirovich) | 10.53 |
| Kadre Enterprises, Ltd. | 5.85 |
| Vagin (Alexander) | 5.79 |
| Shvidler (Eugene) | 3.06 |
| JPMorgan Asset Management U.K. Limited | 1.66 |
| Norges Bank Investment Management (NBIM) | 1.17 |
| The Vanguard Group, Inc. | 0.81 |
| Aberdeen Asset Investments Limited | 0.74 |
| Bank J. Safra Sarasin AG (Asset Management) | 0.7 |
| Legal & General Investment Management Ltd. | 0.65 |
| BlackRock Advisors (UK) Limited | 0.5 |
| Acadian Asset Management LLC | 0.41 |
| State Street Global Advisors (UK) Ltd. | 0.32 |
Known Subsidiaries
| As of: 31/12/2017 | Country |
|---|---|
| Actionfield Limited | Cyprus |
| Aktiv-Media | Russia |
| ATP Yuzhkuzbassugol | Russia |
| AVT-Ural | Russia |
| Blagotvoritelniy fond Evraza - Sibir | Russia |
| Blagotvoritelniy fond Evraza - Ural | Russia |
| Briyanskmetallresursy | Russia |
| Camrose Pipe Corporation | Canada |
| Canadian National Steel Corporation | Canada |
| Centralnaya Obogatitelnaya Fabrika Abashevskaya | Russia |
| Centralnaya Obogatitelnaya Fabrika Kuznetskaya | Russia |
| Centr kultury i iskusstva NTMK | Russia |
| Centr podgotovki personala Evraz-Ural | Russia |
| Centr Servisnykh Resheniy | Russia |
| CF&I Steel LP | USA |
Known Tax Jurisdictions
| Austria | Canada | Cyprus | Czech Republic | Italy | Kazakhstan |
| Luxembourg | Mexico | Netherlands | Russia | South Africa | Switzerland |
| UK | USA | Ukraine |
Recent involvements in Investor/State investment disputes (since 2014)
Disclaimer
The findings, conclusions and interpretations within this 2018 Responsible Mining Index (RMI) report do not necessarily represent the views of funders, trustees, and employees of the Responsible Mining Foundation, and others who participated in consultations and as advisors to the report.
This report is intended to be for information purposes only and is not intended as promotional material in any respect. The report is not intended to provide accounting, legal, tax or investment advice or recommendations, neither is it intended as an offer or solicitation for the purchase or sale of any financial instrument. In order to fully understand the methodology of the 2018 Responsible Mining Index, the respective sections on the website should be consulted.
The RMI seeks evidence of companies’ policies and practices on economic, environmental, social and governance (EESG) issues, but does not seek to measure the actual outcomes achieved on EESG issues. Results are based only on evidence sourced from the public domain or provided by companies as open data. Whilst this information is believed to be reliable, no guarantee can be given that it is accurate or complete, nor does it preclude the possibility that policies and practices may exist, but which the RMI has not been able to consider for purposes of assessment. In this respect, the results of the low-scoring companies do not necessarily reflect a lack of relevant policies and practices; as they may be due to a lack of public reporting by the companies, limitations in accessing information, and/or any difficulties in accessing the RMI company portal.
It should be noted that, prior to publication, all companies in the Index were invited to check the factual accuracy of the contextual data and evidence upon which the Index is based and to review company information in the RMI document library.
Although every effort has been made to verify the accuracy of translations, the English language version should be taken as the definitive version. The RMI reserves the right to publish corrigenda on its web page, and readers of the 2018 RMI report should consult the web page for corrections or clarifications https://www.responsibleminingindex.org.