NLMK Group’s ‘Steel Tree’ environmental volunteer programme wins international competition
NLMK Group, a global steel company, has won the ‘Ecological culture. Peace and Harmony’ international competition, held by the Vernadsky Non-governmental Ecological Foundation. NLMK Group’s ‘Steel Tree’ volunteer programme came first in the ‘Social initiatives aimed at promoting an ecological culture’ category.
The competition was established in 2012. It promotes successful corporate and private initiatives aimed at developing a culture of environment awareness, preservation, environmental safety and sustainable use of natural resources.
The ‘Steel Tree’ programme of environmental initiatives was launched in 2017. With the financial support of NLMK's ‘Miloserdiye’ charity fund and guided by the Company’s experts, it enabled NLMK Lipetsk employees to execute more than ten community-oriented environmental initiatives of their own.
Galina Khristoforova, NLMK Group Director for the Environment, said:
“Our ‘Steel Tree’ programme is a real chance for those who care and want to make a difference to put environmental ideas into practice and show their worth by making the world a better place. Last year, our participants successfully executed a number of important environmental projects. I am sure there will be even more volunteers this year. We see that there are a lot of interesting ideas out there, and we are actively supporting these environmental initiatives.”
As part of the ‘Steel Tree’ programme in 2017, participants of NLMK’s ‘Young Leader’ corporate competition conceptualized and executed a number of projects in Lipetsk, including amelioration of the Matyr reservoir, cleaning of the Nizhny Park drainage system, installation of solar batteries on a multi-apartment residential building, creation of a graffiti art object, green belt clean-up and tree planting, revival of the recreational area at Syrskoye village, organization of an eco-quest, and an eco-festival of intellectual games.
Starting from 2018, the ‘Steel Tree’ environmental programme is open to local residents and environmental organizations of Lipetsk and the Lipetsk region, and two other regions where NLMK Group facilities operate, namely Stary Oskol (the Belgorod region), home to Stoilensky Mining and Beneficiation Plant, and Zarinsk (Altai Territory), where Altai-Koks, NLMK’s coke and chemical facility, is located.
Ecology48 environmental portal (www.ecology48.ru) was selected as the communication platform for the ‘Steel Tree’ programme.
About NLMK Group
NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.
NLMK Group’s steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore windmills.
NLMK operates production facilities in Russia, Europe and the United States. The Company’s steel production capacity exceeds 17 million tonnes per year.
NLMK has the most competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In 3M 2018, the Company generated $2.79 billion in revenue and $0.8 billion in EBITDA. As of 31 March 2018, Net debt/EBITDA stood at 0.31х. The company has investment grade credit ratings from S&P, Moody’s and Fitch.
NLMK’s ordinary shares with a 16% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB 1. For more details on NLMK shareholder capital, please follow the link.
NLMK Group received the Steel Industry Leadership Award at the prestigious 2016 Platts Global Metals Awards held by S&P Global Platts, a leading international industry analytical periodical.
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