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Izhora Pipe Mill
 

Social Policy

Our social responsibility is to be a reliable partner for all our stakeholders and to:

  • Create value for shareholders
  • Help realise the creative potential of employees
  • Constantly strive to improve labor safety
  • Comply with the requirements of law and work with the state to achieve sustainable development
  • Improve environmental safety and use resources more efficiently
  • Contribute to local social and economic development

Our approach to assessment, selection and implementation of social and  charitable projects

Sustainable and successful business development is inseparable from the activities of our stakeholders, including shareholders, investors, employees, labour unions, local communities, authorities, suppliers and consumers.

Severstal's social responsibility is to maintain an equilibrium in relations with all stakeholders and to build long-term, mutually beneficial relationships.

The countries and regions in which we operate differ in their levels of  economic development and social priorities. There are also joint areas of  responsibility: labor safety and environmental safety, our responsibility as an employer, our participation in social and economic development. We strive to  create equilibrium between our corporate priorities and regional priorities.

Severstal is committed to charitable support. Our charitable priorities include programmes for children, focused on the preservation and support of  culture and the development of sports. We regard these programmes as an investment in the spiritual and physical development of the younger generation.

Main areas in St. Petersburg

  • European University at St. Petersburg
  • St. Petersburg State University

Culture and Art

  • The Russian Museum

OAO Severstal News
February 27, 2019

Sustainalytics, a leading independent global provider of ESG and corporate governance research and ratings to investors, has increased Severstal’s rating from 54 to 70 points (out of a possible 100) in 2018, placing the Company in 8th position out of 42 metallurgical companies from around the world. Sustainalytics also placed «Severstal» in the “Leader” category.

February 13, 2019

Severstal announces that Moody’s has upgraded its rating on Severstal to Baa2 from Baa3 and changed its outlook from positive to stable.

February 08, 2019

Izhora Pipe Mill has won several tenders to supply PAO Gazprom with over 200 thousand tons of large diameter pipes. The products will be used in the development of gas transmission capacities for the Unified Gas Supply System in the North-West Region (NEGP), as well as the construction of the Kovykta-Chayanda section of the Power of Siberia gas pipeline.

February 05, 2019

PAO Severstal announces its Q4 & FY2018 financial results for the period ended 31 December 2018.

February 05, 2019

Tenaris S.A. announced today that it will form a joint venture with PAO Severstal to build a welded pipe plant to produce OCTG products in the Surgut area, West Siberia, Russian Federation. Tenaris will have a 49% interest in the joint venture company, with Severstal owning the remaining 51%. The commencement of the project is subject to regulatory approvals and other customary conditions.

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