News
22.04.2008
OAO Severstal introduces a unified health, safety and environment protection policy
Moscow, 22 April – OAO Severstal (“Severstal”) has announced the introduction of the Unified Health, Safety and Environment Protection Policy, which will ensure that each and every Severstal employee takes responsibility for the welfare of others and the environment.
The policy stipulates that all employees should strive to prevent damage to the environment, reduce greenhouse gas emissions, use energy and natural resources in an economical and rational way and efficiently manage industrial waste. The heads of each division will be responsible for ensuring the policy is adhered to.
Ivan Bobrov, Head of the Health, Environmental & Safety (HES) Department, OAO Severstal, said: “Severstal aspires to eliminate any harm to people or to the environment at all stages of our operations, and our adoption of this policy represents a milestone in our continuing efforts in this hugely important area.”
About SeverStal:
OAO Severstal is an international metals and mining with a listing on the Russian Trading System and the London Stock Exchange. Incorporated in 1993, the company focuses on high value added and unique niche products and has a successful track record of acquiring and integrating high-quality assets in North America and Europe. Severstal owns mining assets in Russia, thus securing its supplies of raw materials. In 2007, Severstal produced 17.5 million tons of steel. Revenues were $15.2 billion and EBITDA was $3.7 billion. EPS was $1.92.
Additional information:
OAO Severstal
Dmitry Druzhinin, Investor Relations
Olga Antonova, Public Relations
+7 495 540 7766
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