Better Health for All

EVRAZ's core business of steel and mining products has no significant direct positive or negative health impact on users. However, the company has faced $4.13 million in penalties for environmental violations between 2000 and 2021

, indicating past negative health externalities from pollution. In response, EVRAZ is undertaking substantial remediation efforts, including an investment of RUB 4.6 billion in environmental measures in its Urals enterprises in 2024 . The company also announced its Environmental Strategy 2035 in June 2024 . Additionally, EVRAZ supports community health through investments in sports facilities and educational projects , promoting healthy lifestyles and improving general community well-being.

Fair Money & Economic Opportunity

EVRAZ PLC is a steel and mining company, not a financial institution. The ethical value 'Fair Money & Economic Opportunity' primarily assesses financial institutions on their lending, insuring, moving, or storing money activities. As EVRAZ does not engage in these core financial services, all relevant KPIs are not applicable to its operations. For instance, the company does not offer consumer lending or deposit services, nor does it manage customer finance data or operate financial service access points. While EVRAZ does make community investments, such as allocating US$35 million for social and social infrastructure maintenance

and US$217,000 for grants in 2021, these are for general community development and not specifically 'community finance' or 'financial empowerment schemes' as defined by the rubric's 'profit_reinvestment' KPI. Therefore, all KPIs are scored at 0, reflecting their non-applicability to EVRAZ's business model.

Fair Pay & Worker Respect

In 2021, 87% of the company's workforce was covered by collective bargaining agreements.

However, the company has faced substantiated labor-law violations. In 2022, there were six such incidents: a worker injury in December 2022 due to a lack of effective safeguards resulted in a $575,000 fine, and an explosion in January 2022 led to five serious OSHA citations and a $40,959 fine.

Fair Trade & Ethical Sourcing

EVRAZ established a Sustainability Committee in December 2021

and developed a Supplier Code of Conduct and Human Rights Policy to guide ethical practices . The company participates in the UN Global Compact and aligns its reporting with GRI and SASB standards . EVRAZ launched an ESG certification service for its supply chain, assessing compliance with ESG principles for over 27,000 suppliers . The company also conducts anti-corruption training and maintains a whistleblowing line . Since 2000, EVRAZ has incurred $102.98 million in penalties, primarily for employment-related offenses .

Honest & Fair Business

Evraz faces significant ethical controversies, leading to its exclusion from the Norwegian Government Pension Fund Global in December 2024.

This decision followed an August 2024 recommendation by the Council on Ethics, citing an unacceptable risk of Evraz contributing to serious ethical norm violations, specifically through potential links to the Russian defense industry and enabling aggression against Ukraine. Evraz failed to respond to the Council's inquiries on this matter. Earlier, in March 2022, the UK government alleged Evraz supplied steel for Russian tanks, a claim the company denied. Despite these controversies, as of May 2021, Evraz maintains a comprehensive anti-corruption framework. This includes a Code of Conduct, Anti-Corruption Policy, Anti-Corruption System Policy, and Anti-Corruption Training Policy, ensuring compliance with Russian, UK Bribery Act, and US FCPA laws. The company conducts annual anti-corruption risk analyses across all assets, evaluates business processes and controls, performs due diligence for contractors and suppliers, and monitors for potential violations. Additionally, Evraz has a Hotline Policy and Whistleblowing Procedures, offering a confidential 24/7 hotline for reporting policy violations.

Kind to Animals

EVRAZ's Environmental Strategy 2035, announced in 2024, includes an investment of over RUB 17 billion ($188.36 million) to reduce atmospheric emissions by 20% by 2035, aiming to protect wildlife and habitats

. In 2021, the company completed a land reclamation project at the Abagur plant, restoring 1.85 hectares of land . Additionally, EVRAZ supported research to safeguard Siberian taimen populations and released 375,000 fish fry into water bodies in 2021 to maintain aquatic biodiversity .

No War, No Weapons

EVRAZ's Russian subsidiaries supplied materials to the Russian military and related manufacturers, including over $2.8 million worth of toluene (used in explosives) to an ammunition factory between 2015-2018, $1.4 million worth of steel to a battle tank manufacturer in 2018, and $227,000 worth of vanadium slag (used to strengthen steel in weapon manufacturing) in 2016-2017.

On May 5, 2022, the UK government sanctioned EVRAZ, citing its strategic significance to the Russian government, as it produces 28% of Russian railway wheels and 97% of rail-tracks in Russia, infrastructure vital for military transport in Ukraine. EVRAZ denied these allegations on July 21, 2022, stating its products are for civilian use and that it implemented a sanctions compliance system in 2014. A 2021 plan to demerge metallurgical coal assets was abandoned due to sanctions. While the Russian President authorized EVRAZ to divest shares in two Russian companies on November 25, 2025, there is no evidence of completed divestment of defense-related assets.

Planet-Friendly Business

In 2021, the company recycled 105% of its non-mining waste, surpassing targets by processing old dumps.

For its North American steelmaking operations, approximately 45% of energy is sourced from renewables.

Respect for Cultures & Communities

EVRAZ allocated approximately US$35 million in 2021 for social and social infrastructure maintenance, which included planting 300 trees in Novokuznetsk

and contributing US$3.1 million for the construction of the Bessonenko City Infectious Diseases Clinic No. 8 . The company supported the 18th All-Russian Open Field Olympiad for Young Geologists . Through its 'EVRAZ: City of Friends – City of Ideas' grant contest, 56 social and environmental projects received US$217,000 in 2021 . EVRAZ has a Human Rights Policy emphasizing respect for human rights, views, and traditions, and a commitment to avoid involuntary displacement . A Diversity and Inclusion Policy also aims to create an inclusive environment for local communities . However, specific information regarding indigenous rights, cultural heritage preservation, or direct collaboration with indigenous communities is not readily available or detailed in the provided sources.

Safe & Smart Tech

EVRAZ has integrated AI into its operations for efficiency, sustainability, and safety, implementing AI-driven predictive maintenance, quality control, process optimization, autonomous vehicles, and energy consumption optimization.

Following a cyberattack in March 2020, EVRAZ North America reviewed and updated its IT security mitigation plan and established a common IT governance structure across the business.

Zero Waste & Sustainable Products

EVRAZ's primary product, steel, is 100% recyclable.

Steel produced by EVRAZ North America contains 98% recycled content. In 2021, EVRAZ reported a 105% recycling and reuse rate for non-mining waste, achieved by processing old waste dumps. The EVRAZ Regina facility operates as a zero liquid effluent steelmaking facility, recycling 100% of its water onsite. EVRAZ has set company-wide targets to recycle and reuse 95% of general and metallurgical wastes and scrap by 2035. Additionally, its ZSMK plant aims to achieve a 96% recycling rate and reduce waste generation by 1 million tons annually by 2030.