EVRAZ

Evraz employs its best endeavours to comply with all environmental laws and regulations applicable in the territories within which it operates. The Group is acutely aware of the possible environmental consequences of its production processes and energy consumption. Accordingly, the Group has set a number of targets in this context, namely:
– to continuously monitor the Company’s environmental impact at all levels, ranging from individual smelters to the global environment;
– to eliminate environmental incidents; and
– to operate processes which make the most efficient use of natural resources and energy.

In line with these targets one of Evraz’s key objectives is to achieve a consistent reduction in waste emissions alongside the introduction of modern, environmentally-friendly technologies. A significant amount of obsolete equipment, which failed to meet environmental standards, has already been withdrawn as part of the modernisation of Evraz’s production facilities and, by the end of 2008, closure of all open-hearth furnaces at the Russian steel plants had been completed.

Evraz strives to implement environmental policies that are fully compliant with ISO 14001. By the end of 2008, all of the Russian steelmaking facilities, Evraz Vitkovice Steel and Highveld had established environmental management systems in accordance with ISO 14001 and received relevant certificates of compliance.

Evraz believes that these goals fully complement sustainability, enhanced profitability and the maximisation of shareholder value.