Social Responsibility
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Being one of the largest international mining and metallurgical companies, Severstal largely defines the economic growth, and social and environmental conditions, in regions where it operates.

We believe constructive and systematic interaction with individuals and organisations whose interests are associated with our operations, to be important to our Company’s growth. Also important to our reputation as a leader of the international business community, and one that makes an ever greater contribution to stable social development in the places we operate.

In 2009, we continued our work based on major principles of social responsibility:

  • Industrial safety and environmental protection.
  • Development and social support of employees.
  • Sustainability of social and economic growth in regions where we operate.

Our corporate social responsibility activities in 2009 were highly commended by experts.

We were nominated for the Development of Local Communities award of People Investor 2009, which evaluates corporate investment in people.

Based on corporate charity research conducted by the newspaper Vedomosti in cooperation with PricewaterhouseCoopers and non-profit partnership Donors Forum, we were ranked fifth most efficient charitable Company, five places higher than 2008.

Under the same research, our social project Urban Development Agency was awarded the Diploma of the laureate.

We also won the nomination of the Ministry of Economic Development and Trade of Russian Federation as the best Programme Promoting the Development of Local Communities and Improvement of the Social Climate in regions where the Company operates.

The total amount of our social and charitable investments in 2009 was US$32 million.