Moscow, 23 March 2017 – Kinross Gold Corporation (the Chukotka Mining and Geological Company and Northern Gold) is pleased to announce that the World Wildlife Fund (WWF) Russia and the National Rating Agency (NRA) have ranked the Company in second place in their environmental responsibility rating of mining companies in Russia.
Kinross Gold was also ranked first in the “Information Disclosure / Transparency” category and was the top gold mining company in the overall rankings.
This is the first rating of mining companies compiled by WWF Russia and the NRA, with support from the United Nations Development Program, the Global Environmental Fund, and the Russian Natural Resources and Environment Ministry. It is symbolic that the rating was issued in 2017, which has been declared the Year of the Environment in Russia.
The rating evaluated three aspects of mining companies’ operations in Russia: the quality of the Company’s environmental management standards and policies, the extent of impact on the environment, and the level of disclosure of information about environmental impact.
“We are honoured that WWF Russia and the National Rating Agency have recognized our commitment to building an effective environmental management system,” said Claude Schimper, Regional Vice- President, Russia, Kinross Gold Corporation. “We welcome the initiative of creating this rating in Russia as a tool for improving the transparency of mining companies’ environmental activities and boosting their environmental responsibility. Our company’s successes would not be possible without the continued efforts and dedication of our employees in Russia who operate in an environmentally responsible manner. We expect the rating to evolve further with the growth of the mining sector in the region.”
Kinross Gold Corporation is a recognized international leader in corporate social responsibility. The company is a participant of the United Nations Global Compact and has on numerous occasions been listed by Maclean’s and Corporate Knights in Canada’s top 50 most socially responsible companies.
About Kinross Gold
Kinross Gold Corporation is a Canadian-based gold mining company with mines and projects in Russia, the United States, Brazil, Chile, Ghana and Mauritania. Kinross has been active in Russia since 1995. It is the largest foreign investor in the country’s gold mining industry, as well as the largest Canadian investor in the Russian economy. Kinross shares are traded on the Toronto (ticker: K) and New York (ticker: KGC) stock exchanges.
Vice President, Head of the Moscow Office
Kinross Gold Corporation
Tel.: +7 495 660 97 07