ANNUAL REPORT 2016

Our commitment to sustainable development

Our philosophy and values

At Severstal, we are resolutely committed to developing our business in a sustainable way that delivers lasting benefit for the communities and environments where we operate. We understand that the success of our business is absolutely reliant upon our people and the environment around us.

Our steel products are essential to modern development globally. However we recognise our responsibility as an operator in a world where issues such as climate change, people’s well-being and the development of communities where we work present both risks and opportunities for our business.

Severstal’s Social Responsibility Policy is consistent with our mission, strategy and corporate values. These include being a high-performance and socially responsible Company and a leader in both economic and social value creation for all stakeholders. This means viewing sustainability as an opportunity to continuously improve our operations.

Leadership though innovation

Values of innovation and continuous improvement run through our business. We constantly look for new ways at every stage of our operations to better serve our customers, communities, people and the environment.