MMK publishes consolidated annual report for 2020

PJSC Magnitogorsk Iron and Steel Works (“MMK”, or “Group”) (MICEX-RTS: MAGN; LSE: MMK), one of the world's largest steel producers, is pleased to announce that the integrated annual report for 2020 has been published on the corporate website of MMK.

This 2020 Annual Report (the “Report”) discloses the Group's financial, economic and operational performance and reflects key sustainability issues prepared in accordance with the GRI (Global Reporting Initiative Sustainability Reporting Standards) and SASB (Sustainable Development Accounting Standards Board). For the first time in the history of Russian reporting, greenhouse gas emissions (volume 1,2,3) were confirmed by BSI Assurance UK Ltd.

The report also reflects the Group's contribution to achieving the 2015 UN Sustainable Development Goals in Transforming Our World: The 2030 Agenda for Sustainable Development.