Climate Change Policy

IFRS S2 6a (i)

Nornickel has adopted PJSC MMC Norilsk Nickel’s Climate Change Policy , which sets out the principles guiding the Company’s actions and commitments within the framework of the climate agenda. The Policy defines the approach taken by the executive bodies to shaping the Company’s climate change strategy.

The Company’s key commitments under the Climate Change Policy:

  • Develop and regularly update the Company’s climate change strategy
  • Deploy a framework and tools for managing climate‑related risks
  • Conduct regular audits of climate risk management
  • Identify and measure the contribution of the Company’s products to the low‑carbon economy as part of life‑cycle assessments
  • Explore commercially viable opportunities to reduce the carbon footprint through clean technology partnerships aimed at accelerating the decarbonisation of own operations
  • Consider opportunities to raise and efficiently deploy capital for implementing the Company’s climate change strategy
  • Stimulate innovation in low‑carbon technologies
  • Use greenhouse gas offset mechanisms, including climate projects, where their application proves to be the most practical and commercially viable option
  • Set key performance indicators (KPIs) related to climate change goals for Company employees
  • Expand engagement with stakeholders on climate change agenda
  • Ensure transparent and regular disclosure of targets for greenhouse gas emissions and other material climate metrics
Climate Change Policy