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ALROSA releases first Impact Report

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Global Mining Review,

ALROSA, one of the world’s leading diamond miners, has released its first ever Impact Report, covering the period 2010 – 2020. The report summarises the company’s social and economic progress in Yakutia, Russia’s largest and coldest region, which is home to 90% of ALROSA’s operations.

According to the report, ALROSA’s diamond mining activities in Yakutia have significantly contributed to the region’s development, as the company strives to create better living conditions for its local communities. At the heart of ALROSA’s social mission in Yakutia is to increase access to housing, medical care, education and cultural activities, and provide local communities with improved infrastructure.

Yakutia is one of the world’s richest regions in terms of natural resources. However, it faces extreme weather conditions and all the infrastructure and public facilities need to be renovated on a regular basis. ALROSA is committed to ensuring the sustainable development and welfare of communities in the regions in which it operates, including working to improve local schools, hospitals, and other key infrastructure in Yakutia.

Sergey Ivanov, CEO of ALROSA, comments:

“We are pleased to publish our very first Impact Report. This is an important milestone that demonstrates our commitment to transparency and implementing our long-term sustainable development strategy. Looking ahead, our key focus remains ensuring the wellbeing of our people whilst leveraging our long-standing presence in the region to sustainably unlock its full potential. We are therefore creating jobs, guaranteeing our workers a competitive salary and benefits, and helping build schools, hospitals and sports facilities. Much work remains to be done, and we look forward to continuing to build on our progress to ensure a sustainable future for generations to come.”

To read the Impact Report in full, click here.

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