Nornickel enforces its human rights policy
through internal regulations designed to ensure adherence to international
standards and national laws. The Company’s Human Rights Policy is the key
document governing its approach to protecting and promoting human rights.
PJSC MMC Norilsk Nickel’s Human Rights Policy
is the key document outlining the Company’s principles, commitments, and
mechanisms for protecting and upholding human rights. The Policy primarily aims
to ensure compliance with Russian laws and regulations while also striving
to uphold the principles and provisions of the Universal Declaration
of Human Rights, ILO Conventions, the UN Guiding Principles on Business
and Human Rights (UNGPs), and other recognised international standards, in order
to prevent or minimise human rights violations across the Company’s
operations and supply chain.
The Policy’s key focus areas
Labour rights
Non‑discrimination
Workplace health and safety
Support for local and indigenous
communities
Safety
PJSC MMC Norilsk Nickel’s Human Rights Policy
is supported by other internal regulations, which cover a broad range
of rights and interests of all stakeholder groups, including:
The Policy is reviewed
by the Company’s Board of Directors on a regular basis. No
amendments were made to the Human Rights Policy in 2024. The current
version of the Policy fully reflects Russian legislation, up‑to‑date international
standards, and the Company’s corporate commitments.
Impact of human rights risks
on the Company’s strategy and business model
CHRB A.2.4
When social aspects of operations, including
those related to human rights, pose significant risks or have implications
for the Company’s operational resilience and business reputation, corporate
governance bodies may initiate adjustments to the corporate strategy and,
in some cases, even to the Company’s business model and production chain.
The revision process may be initiated
either by management, with proposals developed and submitted to the Board
of Directors for approval, or by the Board of Directors, which
may issue proposals as formal recommendations for subsequent implementation
by management.