Focusing on sustainable development
We aim to promote the sustainable, social and economic development of the regions where we operate, and to satisfy the demand for electricity and heat in a responsible way.
People are at the heart of our business. We are committed to creating excellent living and working conditions for our employees and the local residents in the regions where we operate, and also to bringing warmth and light into people’s homes. SUEK’s sustainable development strategy is continuously evolved to reflect the needs of all of the company’s stakeholders, with whom we maintain open and constructive communications.
As an energy and mining company, we acknowledge that our operations can have an impact on the environment. In particular, coal mining and coal-fired generation use water resources and release emissions into the atmosphere. Therefore, an important part of our responsible approach is carefully controlling and minimising this impact as well as running proactive conservation programmes to ensure we preserve the natural environment for present and future generations.
We also believe that global sustainability issues need to be addressed through an integrated scientific approach, supported by cross-border partnerships. The sustainable development of the planet requires solutions to support continued economic development, improve the lives of billions of people in developing countries, conserve natural environments and combat climate change. The ratification of the Paris Agreement on climate change by Russia in 2019 was another positive step in the right direction.
By 2019 the Russian coal industry and coal-fired generation had reduced their GHG emissions by 50% compared to 1990, and we are confident the industry will continue to reduce this further.
In 2017–18, Russia stood below 70% of the 1991 level in terms of greenhouse gas emissions, and at 50% of the 1991 level, if we take into account the absorbent function of forests.Moody’s
SUEK’s Corporate Social Policy commits to international principles and standards, including:
- the United Nations Global Compact
- the Social Charter of Russian Business
- ISO 26000 (Guidance on Social Responsibility)
- GRI Standards
We also work towards the United Nations Sustainable Development Goals (SDGs), aimed at protecting the environment and improving the well-being of everyone without exception. Within the framework of the UN SDGs, a number of benchmarks are particularly important for us, since they are most relevant to the strategy and direction of the company, as well as the interests of SUEK’s stakeholders.
The Board of Directors and the company’s management pay special attention to sustainable development issues, which they regularly discuss at Board meetings.
SUEK are systematically audited for compliance with the following international standards:
BS OHSAS 18001
Occupational Health and Safety Management System
Environmental Management System
Quality Management System
Energy Management System
Asset Management System