ALROSA came  second  in the final rating of the fundamental (environmental and energy) efficiency rating, which  was compiled for 150 of the largest companies in Russia and Kazakhstan operating in the “real economy”.

“The peculiarity of the rating is that it allows you (to) comprehensively perceive diverse information about production, energy consumption, environmental impacts and efficiency dynamics,” ALROSA said when making the announcement.  

The process to arrive at the ratings was a rigorous one. The environmental and energy characteristics of almost 6000 companies were compared during the preparation of the rating.

Providing details of the process, ALROSA said that each participant was evaluated  on the basis of five criteria:

• Energy efficiency (energy and resource costs per unit of production);
• Technological efficiency (resource consumption and waste generation per unit of work done);
• Ecosystem efficiency (level of pollution and environmental impacts from enterprises that can be assimilated by natural ecosystems in their areas of location);
• Dynamics of efficiency (change of efficiency in the period since 2005);
• Transparency (the level of disclosure of reports on energy consumption and the impact on the environment).

“Companies were ranked by the value of each criteria, and the final place in the ranking was determined by the sum of the places in the five ranking lists,” the Company explained further elaborating on the process. “In the final ranking, ALROSA rose from 36th to 2nd place compared with last year. By almost all criteria, the company received higher than last year’s marks and almost doubled the transparency index.”

Polina Anisimova, Deputy Chief Engineer for Ecology and Work with Indigenous and Small-numbered Peoples of the North, Head of ALROSA Environmental Center, said: “The high position of our company in the rating indicates that ALROSA pays great attention to those aspects of its activity that are associated with a decrease in environmental impact, energy and resource efficiency, although we certainly have something to strive for in each of these areas. One of the company's priorities is also a high level of information transparency, completeness and quality of reporting disclosed by ALROSA in the field of sustainable development.”

The fundamental (environmental and energy) efficiency rating has been prepared annually since 2011 by the Interfax Group. Ratings are compiled based on questionnaires filled out by companies, or data from reports, tariff justifications, public statements and companies' websites, as well as from the disclosed registers of executive authorities and some public organisations, like  the Russian Union of Industrialists and Entrepreneurs, and WWF Russia. This year, companies from Kazakhstan were included in the rating for the first time.