Norilsk Nickel Invests 374 Billion Rubles in Sustainable Development in 2024
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Norilsk Nickel Invests 374 Billion Rubles in Sustainable Development in 2024

News  
05-28-2025
 

Norilsk Nickel, one of the world's largest producers of non-ferrous metals, has released its 2024 Sustainable Development Report, reaffirming its commitment to responsible business practices and sustainable growth. The company allocated 374 billion rubles to sustainable development projects, representing 32% of its total annual revenue.

Among the key achievements is the complete fulfillment of obligations under the Sulfur Program. The company utilized 390,000 tons of sulfur dioxide, achieving a utilization rate of over 99%. This led to a 23.5% reduction in pollutant emissions.

The large-scale environmental initiative, "Clean Norilsk," continued its progress: 406 abandoned buildings were dismantled, 1.1 million tons of waste and 83.5 thousand tons of scrap metal were removed, and nearly 5 million square meters of territory were cleaned. Additionally, an eco-monitoring system with continuous air quality control was deployed.

In 2024, Norilsk Nickel achieved a record low fatality rate at its production facilities with three incidents, and the Lost Time Injury Frequency Rate (LTIFR) was 0.64, aligning with global mining industry standards.

Through major renovations of 187 facilities, working and living conditions were improved for 11.8 thousand employees. A 10% salary indexation brought the average monthly salary to 207 thousand rubles, which is 2.1 times higher than the national average in Russia. The company also intends to develop scientific volunteering among its staff.

Stanislav Seleznev, Vice President for Industrial Safety, Occupational Health, and Environment at Norilsk Nickel, commented: "At Norilsk Nickel, we view sustainable development not as a collection of separate initiatives, but as a fundamental transformation of the very essence of our business. The 2024 results reflect this deep commitment – from implementing advanced environmental technologies and reducing impact on the unique Arctic ecosystems to fostering a culture of safety and respect for human rights. We are building a legacy where industrial leadership and environmental responsibility go hand in hand, ensuring the well-being of the regions where we operate and contributing to a more sustainable global future. Our path is one of continuous improvement and open dialogue, as we strive to meet and exceed the expectations of society and all stakeholders."

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