Improvements to the human rights
due diligence system in 2024
The Company continues improving its human
rights practices, regularly assessing its progress. The following
was developed in 2024:
Classification
of reports and complaints
Methodology
for assessing integrated human rights risk
Risk assessment
at the Group entity level
The Corporate Trust Line
was expanded to include a query classification tool.
Each incoming query is assigned an appropriate category
and subcategory depending on its topic and the human
rights potentially involved
A human rights risk
assessment system was developed. The system incorporates
an analysis of queries received
via the Corporate Trust Line, the results
of the Let Everyone Be Heard engagement survey, and
non‑financial reporting data
Integrated risk
is assessed individually for each
of the Group’s production facilities, allowing
for the prioritisation of areas where corrective
and mitigating measures should be developed and implemented
in relation to:
Group entities with
the highest human rights risks;
human rights most
frequently exposed to violation risks across
the Company as a whole;
processes that
require systemic change
Nornickel not only consistently strengthens
its internal human rights processes but also demonstrates high standards
in its external practices. In 2024, the Company earned a finalist
finish in the MINEX Forum’s Russian Mining Excellence Awards,
in the Sustainability Project category, for developing a human rights
due diligence system. This achievement reflects the results
of its comprehensive efforts to integrate risk assessment and management
tools, enhance the transparency of internal processes, and actively engage with
employees and stakeholders.