Magnitogorsk Iron & Steel Works 2016 AR2
The report outlines Magnitogorsk Iron & Steel Works' (MMK) financial and operational performance for the fiscal year 2016. During the year, MMK Group increased steel production by 2.5% to 12.5 million tonnes and achieved a record EBITDA margin of 34.7%. The company made significant progress in its environmental initiatives, introducing a new version of its Environmental Policy and reducing specific air pollutant emissions by 4.5%. Additionally, MMK successfully passed a certification audit of its energy management system for compliance with ISO 50001 and became the first Russian company to receive ISO 14001:2015 certification for its environmental management system.
Company: Magnitogorsk Iron & Steel Works
Sector: Manufacturing
Country: Russia
Year: 2016
Type: AR2
Pages: 105
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Magnitogorsk Iron & Steel Works
Annual Report
The report outlines Magnitogorsk Iron & Steel Works' (MMK) financial and operational performance for the fiscal year 2016. During the year, MMK Group increased steel production by 2.5% to 12.5 million tonnes and achieved a record EBITDA margin of 34.7%. The company made significant progress in its environmental initiatives, introducing a new version of its Environmental Policy and reducing specific air pollutant emissions by 4.5%. Additionally, MMK successfully passed a certification audit of its energy management system for compliance with ISO 50001 and became the first Russian company to receive ISO 14001:2015 certification for its environmental management system.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Published
May 26, 2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Total Waste
Women on Board
Employees