Nornickel’s organisational structure enables
a systematic approach to managing climate change. Responsibility is allocated
vertically, starting at the top with the Company’s key governance bodies:
the Board of Directors and the Management Board of MMC Norilsk Nickel
A dedicated Sustainable Development and Climate
Change Committee operates at the level of the Board of Directors.
In April 2024, the Committee reviewed a framework for assessing
climate‑related risks and opportunities, and in December, it discussed progress
on its rollout.
The implementation of climate risk
management measures and procedures is the responsibility
of the Company’s Management Board and its Risk Management Committee. Key
risks, including those related to climate change, are reviewed
by the Committee on a quarterly basis.
