Stakeholders

In all regions where we operate, ENRC is committed to working in partnership with local government, public NGO’s and community representatives.

Our flexibility and ability to engage with diverse stakeholders creates competitive advantage and brings benefits to society.

For several years, ENRC has engaged with local and international sustainable development initiatives. We were the first Kazakhstan company to sign up to the UN Global Compact and to join the Extractive Industry Transparency Initiative. In 2003, the Group became a Founder Member of the Kazakhstan Business Council for Sustainable Development (‘KBCSD’), a regional partner of the World Business Council for Sustainable Development (‘WBCSD’).

Our extensive experience in working with governments focuses on supporting the development of a strong legal framework and sharing industry best practice with our partners. For example, through membership of the International Chromium Development Association, we are able to bring international expertise and skills to the environment of Kazakhstan. In recognition of our contribution to state development, ENRC’s Kazakhstan ferroalloys business was awarded Best Industrial Enterprise in 2009.

ENRC’s collaboration with local government and administrations in Kazakhstan is a model of successful public-private partnership development. In our engagement with all stakeholders, including government, we are committed to transparency, respecting human rights and improving the societies in which we work. In 2009 ENRC was placed second in the Standard & Poor’s Kazakhstan Corporate Transparency Index.

In 2009, we implemented a revised procurement policy, purchasing policy and procedure framework, which aims to create a more transparent purchasing policy for our business partners and suppliers.

In the future, we will integrate sustainability governance into acquisition processes by identifying environmental, social and governance risks ahead of investments in new assets.