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Today, many problems of the modern world, such as climate change, transboundary pollution, poverty and etc. have globalized, i.e. they touch upon all aspects of people’s lives and all countries of the world.

Metinvest, being one of the world’s largest Mining & Metals players, assumes responsibility in contributing to solving these problems and has started participating in relevant global initiatives and international projects.

UN Global Compact

 

In early 2010 Metinvest made the decision to join the United Nations Global Compact. Support to the UN’s initiative is a logical step on the way of systemic development of the Company’s CSR activities.

Metinvest views this as an advantage in terms of acquiring access to a prominent international platform and resources for social welfare area formation around the Company and development of partnership with government and non-government organizations and civil societies around the world.

Accession of Metinvest to the UN Global Compact implies a voluntary inclusion of the UNGC’s principles into Metinvest’s development strategy and operations. 10 principles of the UNGC have been widely recognized in the field of human rights, labor relations, environment and anti-corruption. Accession to the UN Global Compact obligates the Company to inform the world community annually about its performance in these areas.

Support to the UN’s initiative is a logical step on the way of systemic development of the Company’s CSR activities.

In 2010 Metinvest issued the first CSR report, which corresponds to the requirements of the international GRI standard. Metinvest CSR Report reflects significant events and activity of the Company in priority areas of socially responsible business operations in 2008. The first information regarding the progress in implementation of the ten principles of the UN Global Compact will be released in 2011 within the frames of the Second Metinvest Group’s CSR Report.

World Steel Association

 

Metinvest is the first and the only Ukrainian company that has joined the World Steel Association. Membership in this Association implies compliance with sustainable development principles, including environmental activities.

One of the most important environmental aspects of the Association’s activity is research on the iron and steel industry’s contribution to global climate change. 

Metinvest joined the Association’s Global Sectoral Approach Initiative in 2008. The Project envisages assessment of the Carbon Intensity Index – green-house gases emissions volume (СО2-equiv.) per t of steel. This assessment allows forecasting green-house gas emissions from the steel-making industry till 2050, as well as identifying priorities and technologies to reduce these emissions. Within the framework of this initiative, Metinvest annually provides data on aggregate emissions generated by all the enterprises of the Group.

During 2009-2010 the Company obtained two Climate Action Member certificates for active involvement in the program and systematic greenhouse gases emission reduction.

REACH

 

What is REACH

REACH (Registration, Evaluation, Authorization and restriction of CHemicals) is Regulation #1907/2006 of the European Parliament and EU Council of Ministers that entered into force on June 1, 2007.

This Regulation lays down rules on the use and placing on the European market of certain chemical substances with the aim of identifying their hazardous properties and recommending appropriate risk management measures all along the supply chain.

The main aim of REACH is to ensure a high level of protection of human health and the environment from the risks that can be posed by chemicals.

Any Legal or physical person established in Europe who manufactures or imports a substance covered by REACH, either on its own or in a preparation or article, in quantities of one tonne or more per year, shall submit a registration file to the European Chemical Agency.

If chemicals are not registered in accordance with REACH then they will not be allowed to be manufactured or imported in the EU.

Metinvest and REACH

The Group’s enterprises have a long-term experience at the EU market and proved as the best and reliable suppliers, whose products are used in various sectors of EU industry. Therefore, our products should be fully compliant with the EU regulations and standards, one of which being the REACH. 

The Company shall pass all the procedures stipulated in the European Regulation. This will allow not only access to the EU market, but also improve quality and safety of production processes and products life-cycle.

According to REACH, the manufacturers and suppliers based outside EU that are to pre-register and register products shall appoint the Only Representative in the EU. Metinvest’s subsidiary — Metinvest International Italia S.r.l. has been appointed as the Only Representative for the Group. 

Metinvest has successfully completed the registration of all its products under European Community Regulation on chemicals and their safe use (EC 1907/2006, REACH) and obtained in late November registration numbers for all the dossiers submitted earlier to the European Chemicals Agency (ECHA), having secured thereafter the unimpeded supplies of Metinvest’s products to users in the European Economic Area (EEA) after November 30, 2010.

Following the requirements of REACH and its amendments (Commission Regulation No. 453/2010) the Safety Data Shits (SDS) have been compiled in accordance to the new European format, the SDS database is being created that will enable users to access the SDS’s through the corporate web-site of Metinvest Group.

Along with REACH Metinvest is actively implementing the requirements of European Regulation No 1272/2010 on classification, labelling and packaging of substances and mixtures (CLP) according to which all the substances and mixtures to be shipped to the EU and subject to REACH registration in 2013 and 2018 must have undergone notification in ECHA by January 3rd, 2011.