London, United Kingdom, 13 March 2020 – Nord Gold SE (“Nordgold” or the “Company”), the internationally diversified gold producer, is pleased to announce that it has officially joined the United Nations Global Compact Russia, the world`s largest corporate sustainability initiative.
Nordgold has reaffirmed its commitment to abiding by the Global Compact’s ten principles in the key areas of human rights, labour, environment and anti-corruption, as well as the 17 United Nations Sustainable Development Goals.
Over 13,000 participants from 160 countries have signed the initiative and have committed to adjusting their strategies, policies and procedures in order to create to a more sustainable, ecological, and inclusive future.
The core principles of sustainable development are an integral part of Nordgold’s DNA. Our success as a business is reliant on fostering strong relationships with all stakeholders, while reducing our mines’ environmental impact and preserving biodiversity. Joining the initiative will allow Nordgold to promote best industry practices across all our operations, whether that be from our employees or across our supply chain. We are hugely proud to contribute positively to the vital area of sustainability. Evgeny TulubenskyChief Legal Officer, Corporate and Regulatory Affairs of Nordgold
Nordgold is an internationally diversified gold producer established in 2007. Nordgold has a proven track record of operational excellence and benefits from a significant international development pipeline. The Company is relentlessly focused on shareholder value, committed to running safe, efficient, profitable operations, which enable it to generate strong cashflows and in turn, continue to invest in its pipeline of new growth opportunities while generating returns for investors. In 2018, Nordgold produced 907 thousand ounces of gold.
Nordgold operates 10 mines (5 in Russia, 3 in Burkina Faso and one each in Guinea and Kazakhstan). It has several prospective projects in feasibility study and advanced exploration phases, as well as a diverse portfolio of early-stage exploration projects and licences in Burkina Faso, Russia, French Guiana and Canada. Nordgold employs over 8,000 people.
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