5.5 billion dollars on environmental projects

5.5 billion dollars on environmental projects

March 25, 2021

The Nornickel’s entire investment program for ten years is 27 billion.

#ARCTIC. #SIBERIA. THIS IS TAIMYR. Andrey Bugrov, Nornickel’s senior vice president, in an interview with Severny Gorod TV company, spoke about key strategic initiatives, as well as what will change with the implementation of Nornickel’s environmental plans:

“The quality of atmospheric air will improve, which will meet all modern standards. Taking into account the funds allocated for the renovation of the city, the quality of life and the urban environment will increase. And the third important point is that there will be less garbage on the territory.

The world around us has changed, that’s a fact. The younger generation is actively involved in economic life today, and these people already have different values. They prefer to get jobs in those companies that are engaged in environmental activities. That is why Nornickel is working on a strategy for climate change and environmental conservation. Within five years, the company should go green.

Did you believe that Nornickel could close the Nickel plant in 2016, which was one of the main sources of air pollution in the city, emitting almost 400 thousand tons of sulfur dioxide a year? This was an unprecedented decision for the company, requiring considerable financial resources. Do you believe that Nornickel will reduce sulfur dioxide emissions by 90 percent by 2025, and by 99 percent by 2030? It is probably quite difficult to imagine this for a person who has lived in Norilsk all his life. Nevertheless, these are the goals the company sets for itself.

The Sulfur project is the company’s largest and most significant environmental project, which will reduce sulfur dioxide emissions to almost zero in Norilsk. For its implementation, Nornickel has allocated a fantastic amount – $ 3.6 billion.

We have a definite plan for the development of the company until 2030. And the entire investment program for these ten years is $ 27 billion, including the modernization and implementation of the most affordable clean technologies. Of these funds, $ 5.5 billion will go directly to environmental projects”.

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Text: Victor Tsaryov, Photo: Nikolay Shchipko

March 25, 2021

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