Commitment to sustainable development
The Company’s long-term sustainable development is based on its awareness of its social responsibility and commitment to universal norms of ethical commerce. ALROSA always seeks to find the right balance between commercial and public interests in an effort to make a significant contribution to the development of the Russian economy, as well as the prosperity of the entire country and the regions where it operates.
ALROSA executives are well aware that good results require a high level of public confidence and trust in the Company. That confidence, for its part, is predicated on fair, equitable and respectful treatment of all ALROSA stakeholders. The list of those stakeholders includes the actual shareholders, the consumers, business partners, employees, and the society as a whole. Relations with all these groups form the corporate reputation, a key non-financial asset to which the Company attaches great importance. In addition to strict compliance with Russian laws, ALROSA also abides by international norms of corporate social responsibility.
A systematic approach is an important principle of ALROSA’s policy of social responsibility. The Company aims to make the best use of available resources, focusing on social issues that are particularly important to it, and on areas where it can make a tangible contribution in the long term. ALROSA’s policy of social responsibility focuses on the following four areas:
- A socially responsible HR policy
- Industrial safety
- Preservation of the environment
- Social and cultural initiatives to facilitate balanced growth and evolution of society
These four social priorities are an integral part of ALROSA’s values and development strategy.