The decision to consolidate the Group’s production assets under the EL 6 single brand taken on August 9, 2021 will allow the Company to bring the entire management system, including sustainability management, to a new level.
The consolidation will result in improving the sustainability of all the Company’s business processes, from the raw material supply of enterprises to interaction with all stakeholder groups (customers, suppliers, shareholders, local communities, regional authorities, media, etc.).
The unified management principles will be specified in EL 6’s Sustainable Development Policy and a number of other key documents.
The Code of Corporate Conduct and Corporate Ethics has already been adopted and is in force, including:
EL 6 has built an effective sustainability risk management system (RMS). The dedicated program was approved by the Company’s Board of Directors on April 28, 2021.
On November 12, 2021, Metalloinvest assigned EL 6 a high rating based on the values set out in the UN Global Compact in the Sustainable Supply Chain category.
SDGs for EL 6