The Supervisory Board of ALROSA, the world's largest diamond mining company, has approved the new 2025-2029 Sustainability Program. 

ALROSA's key goal is to maintain its focus on the development of the communities in regions of operations, to adopt more ambitious commitments to reduce climate and environmental impact, and to make sustainable development as the fundamental principle of our work and our supply chain.

The first strategic document outlining the foundational principles and approach of the Company to manage sustainability issues, as well as setting goals, objectives, and key performance indicators in this area, the ALROSA Sustainability Program for 2021-2025, was approved back in 2021. Since then ALROSA went through significant ESG transformation, including the establishment of a sustainable development management system, assessment of sustainability risks and opportunities, and the creation of a non-financial reporting system in accordance with IFRS standards.

Despite the significant global transformation and all the challenges, most of the tasks set out in the 2021-2025 Program were accomplished ahead of schedule in 2023-2024. To address the current challenges of a rapidly changing environment and to identify additional areas requiring attention, the Company has decided to update its ESG goals and objectives for the next five-year period.

“In our new Program, we have retained key strategic pillars—decent and safe working conditions, preservation of environment and climate, development of communities in the regions where we operate and improvement of governance system efficiency. These principles underpin ALROSA Group's work in sustainability, take into account the objectives of the national diamond industry development and national ESG agenda, underpin the Company's contribution toward achieving 13 priorities of UN Sustainable Development Goals,” pointed out ALROSA's CEO Pavel Marinychev.

To preserve a more favorable environment and climate ALROSA has set a more ambitious goal on reducing water intake from natural sources, along with a new goal of maintaining a high level of water recycling and reuse by diamond mining assets. Moreover, a more comprehensive and extensive effort to preserve and replenish biodiversity is specified. Simultaneously, by 2030, ALROSA aims to achieve carbon neutrality for its diamond production. This target is to be reached by mitigation projects, enhancing energy efficiency, increasing the share of renewables in the energy balance, and implementing the kimberlite CO2 absorption project.

ALROSA will continue to fulfill its obligations under socioeconomic agreements with the regions of operations and maintain the overall investment volume in regional development of our diamond communities.

ALROSA also remains focused on ensuring decent and safe working conditions, including ensuring equal opportunities (at least 30% women in the total workforce and at least 25% in leadership positions), expanding social support programs for employees, and increasing their engagement and satisfaction levels. The constant top priority is zero fatalities, accidents and disasters, reduction of occupational diseases and advancing automation and digitalization in labor protection and industrial safety.

The Program places additional emphasis on effective governance and high standards of business ethics. The Company will disclose information annually about progress in implementing the Program’s objectives, including in its sustainability reports.

The full text of the document can be found on the ALROSA website

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