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ALROSA publishes Social Policy Guidelines

05 august 2016

ALROSA is a socially-oriented mining company, and one of the main conditions for its successful development is the stability of its workforce based on trust towards the Company’s management, social partnership with trade unions and a coherent social policy. This is stated in a press release distributed by the Company on Wednesday.
The Company further says that its social policy is a set of principles, rules, goals and methods to implement and achieve them, including the activities aimed at harmonizing the relationship between workers, employers and society. Social policy is a part of the Company’s corporate strategy being implemented in partnership with Profalmaz, the Inter-Regional Trade Union of ALROSA Workers, as well as with federal and local authorities in the regions of ALROSA’s presence.
The social policy pursued by ALROSA is being implemented in accordance with the Treaty on Socio-Economic Development of the Republic of Sakha (Yakutia) executed on March 5, 2011 between the Company and the Government of the Republic of Sakha (Yakutia) and valid until December 31, 2020. In the framework of this Treaty, the Parties are to maintain long-term cooperation, whereby ALROSA will take part in the implementation of purpose-oriented programs and projects for social and economic development of the Republic of Sakha (Yakutia), while both Parties will interact to mobilize material and intellectual resources.
ALROSA voluntarily assumes the obligations in the field of corporate social responsibility, which are additional to the current Russian legislation.
The Company is carrying out its social policy in the following areas:

• Creating a safe working environment
• Protecting the health of its workers and their families and promoting a healthy lifestyle
• Improving the living conditions of workers
• Providing private pension management under the agreement with Diamond Autumn, a non-state pension fund
• Supporting and developing the Company’s social infrastructure
• Taking part in the socio-economic development of the regions where the Company maintains its operations
• Charity and sponsorship
• Improving the "social package" for the Company’s employees, i.e. improving the system of socio-economic benefits and guarantees in the field of wages, recreation and training provided by the Company in excess of the country’s labor legislation under the Collective Agreement in order to increase productivity and retain the Company’s personnel
• Providing informational openness and transparency in the Company's operations; supporting and developing corporate and local mass media; and promoting the best labor traditions of the path-breaking generations of diamond miners.