Metalloinvest improves its EcoVadis ESG-rating score and cuts interest rate on ING green financing

DJ Metalloinvest improves its EcoVadis ESG-rating score and cuts interest rate on ING green financing

Metalloinvest Finance Designated Activity Company (IRSH) 
Metalloinvest improves its EcoVadis ESG-rating score and cuts interest rate on ING green financing 
19-Jan-2021 / 16:02 MSK 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
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Metalloinvest improves its EcoVadis ESG-rating score 
and cuts interest rate on ING green financing 
Moscow, Russia - January 19, 2021 - Metalloinvest (the "Company"), a leading global iron ore and HBI producer and 
supplier, and one of the regional producers of high-quality steel, has been awarded 65 points in its annual EcoVadis 
ESG-rating review, placing the Company in the top 7% of companies globally[1]. 
Following the annual review, Metalloinvest confirmed its compliance with the 'Silver' rating. The Company's rating 
improved by 5 points to 65 points, which is a record year-on-year increase since receiving its debut rating in 2018, 
while the average industry rating was 43 points. 
Among the producers in the manufacture of basic iron and steel industry, the Company featured in the top 9% in the 
'Environment' category and in the top 5% in 'Labor and Human Rights" category. 
Nazim Efendiev, CEO of Management Company Metalloinvest, commented: "Sustainable development is an integral part of our 
long-term development strategy. We value our partnerships both with customers, suppliers and contractors, as well as 
with the Company's employees. Therefore, we pay great attention to improving policies and introducing best practices 
that help create a comfortable environment for all our stakeholders. The Company's new ESG rating assigned by EcoVadis 
at 65 points, reflects our significant progress in this area and allows us to reduce the interest rate on the green 
financing line opened with ING Bank." 
In 2019, Metalloinvest became the first private company in Russia to open a green finance credit line, the interest 
rate of which was tied to the EcoVadis ESG-rating. Opened at ING Bank, the line in the amount of USD 100 mn or EUR 
equivalent was extended by 3 years in 2020. 
Additional information: 
Currently, Metalloinvest has ESG-ratings from four independent international agencies: EcoVadis, SAM ESG, ISS ESG and 
Sustainalytics. The Company is a member of the UN Global Compact (UNGC) and supports UN global initiatives, including 
the 17 UN Sustainable Development Goals (UN SDGs). 
 
If you have any questions, please contact us: 
Artem Lavrischev 
Investor Relations 
E: [e-mail] 
T: [phone], ext. 7243 
 
 
Anton Troshin 
Public Relations 
E: [e-mail] 
Tel.: [phone], ext. 7629 
 
 
 
 
 
Metalloinvest is a leading global iron ore and merchant HBI producer and supplier, and one of the regional producers of 
high-quality steel. The Company has the world's second-largest measured iron ore reserve base and is one of the 
lowest-cost iron ore producers. Metalloinvest is wholly owned by Holding Company USM LLC. Alisher Usmanov is the major 
beneficiary of Holding Company USM LLC (49%). 
EcoVadis is an international rating platform that evaluates the management system for corporate and social 
responsibility of business, including supply chain, interactions with banks and financial issues. The EcoVadis 
methodology is based on international CSR standards including the Global reporting initiative, the UN Global compact 
and ISO 26000. EcoVadis evaluates companies in 4 groups: environment, labour & human rights, ethics and sustainable 
procurement. In 2018, Metalloinvest received its debut CSR rating from EcoVadis. 
 
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[1] Rated by EcoVadis. 
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ISIN:           XS0918297382 
Category Code:  MSCL 
TIDM:           IRSH 
Sequence No.:   91811 
EQS News ID:    1161651 
 
End of Announcement  EQS News Service 
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January 19, 2021 08:02 ET (13:02 GMT)