Magnitogorsk Iron & Steel Works 2015 AR2
The report highlights Magnitogorsk Iron & Steel Works' (MMK) operational and financial performance in 2015. Despite challenging market conditions, MMK Group achieved an EBITDA of USD 1.668 billion and produced 12.2 million tonnes of crude steel. The company made significant progress in its environmental initiatives, spending RUB 2.709 billion on environmental protection, which led to a 6.3% reduction in gross atmospheric emissions and a 14.2% reduction in wastewater discharges. Additionally, MMK launched the 'Safety 24/7' programme to enhance workplace safety and continued its extensive corporate social responsibility programmes, investing RUB 1.4 billion in social and charitable projects.
Company: Magnitogorsk Iron & Steel Works
Sector: Manufacturing
Country: Russia
Year: 2015
Type: AR2
Pages: 109
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Magnitogorsk Iron & Steel Works
Annual Report
The report highlights Magnitogorsk Iron & Steel Works' (MMK) operational and financial performance in 2015. Despite challenging market conditions, MMK Group achieved an EBITDA of USD 1.668 billion and produced 12.2 million tonnes of crude steel. The company made significant progress in its environmental initiatives, spending RUB 2.709 billion on environmental protection, which led to a 6.3% reduction in gross atmospheric emissions and a 14.2% reduction in wastewater discharges. Additionally, MMK launched the 'Safety 24/7' programme to enhance workplace safety and continued its extensive corporate social responsibility programmes, investing RUB 1.4 billion in social and charitable projects.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Total Waste
Women in Management
Workplace Fatalities
Employees