Russia

Eurasian Resources Group (ERG) is a leading diversified natural resources group. It has a portfolio of production assets and development projects in more than 16 countries, and is represented by over 80,000 people globally, including contractors, being a major employer in the industry.

With a successful track record of more than 25 years in the global metals and mining industry, our integrated operations span the entire value chain from extraction and production, through to processing, energy, logistics and marketing. Today ERG is the world’s largest high-carbon ferrochrome producer by chrome content and among the major cobalt producers.

It is also a large producer of copper, the only producer of high-grade aluminum in the Republic of Kazakhstan and one of the largest suppliers of alumina and iron ore in Eurasia. Our materials help meet the needs of industries and societies across the world and fuel future economic growth. ERG’s customers are working in various sectors including metals industry, energy, transport, engineering, chemicals and construction, and we deliver partnership and reliability across the supply chain to reduce customer exposure to the volatility of commodity prices.

Sustainable Development is about the responsible management of our environmental, social and governance impacts. For ERG, it is also about achieving:

  • True ‘business sustainability’ by ensuring our culture, strategy, processes, technologies, decision-making and skills are fit for the future and can sustain long-term value generation.
  • Long-term, sustainable and profitable growth that delivers sustained benefits to our stakeholders, whether they be our employees, shareholders, customers, business partners, host countries or - in particular - our local communities.

ERG has a long-established record of making a meaningful difference through its community social investment (CSI) programs. ERG has initiated major social and environmental projects in Central Asia and Africa which create significant employment and foster social inclusion for our employees and their communities.

In Kazakhstan, our initiatives include the Tugan Zher Programme, which is a public-private partnership allowing participation of ERG’s employees in determining key social challenges and elaborating solution methods and also embraces large-scale projects that provide affordable housing to local communities and employees; establishment of STEM Laboratories; Student Entrepreneurship Ecosystem Programme; and multiple sport, healthcare and wellbeing initiatives. In Africa, the main focus is on fighting child labour in the DRC’s mining sector, developing alternative livelihoods and protecting human rights as well as providing access to clean water and other necessary infrastructure. We are also one of the largest providers of medical services in many countries of ERG’s operational presence.

Closely integrated with corporate governance strategy, our sustainable development policy is overseen by the Board ensuring that all the necessary procedures are put forward through clear ownership and accountability. The Group CEO, Mr. Benedikt Sobotka, has been working with the World Economic Forum, non-governmental organisations and other mining companies to improve and implement ethical standards for the industry. Eurasian Resources Group has built a strong cooperation with the World Economic Forum: though ERG only applied for membership in 2014, it rapidly advanced from being a Foundation Member to an Industry Partner and then to‎ a Strategic Partner Associate.

In September 2017 at the inaugural World Economic Forum Sustainable Development Impact Summit in New York City, representatives from international businesses and organisations including Eurasian Resources Group, officially launched the Global Battery Alliance. The Alliance is dedicated to ensuring that there is an ethical and sustainable global supply chain for the lithium-ion batteries that help power the Fourth Industrial Revolution and a low carbon economy, through electric vehicles, renewable energy technologies and smartphones. The Alliance is a public-private collaboration comprising stakeholders from across the supply chain including ERG, BASF, Enel, Volkswagen and other major businesses; international organisations such as UNICEF, OECD and African Development Bank; and NGOs including PACT. Eurasian Resources Group is proud to be a founding member of the Global Battery Alliance.

The ERG Human Rights Policy applies to all Eurasian Resources Group S.a.r.l companies (“ERG”) and their employees (including temporary and contract staff), to all business dealings in all jurisdictions within which ERG conducts business and to all actual or suspected human rights incidents involving employees.

The ERG Human Rights Policy is guided by international human rights principles, including the Universal Declaration of Human Rights (1948) (“Human Rights”), the International Covenant on Civil and Political Rights (1966), the International Covenant on Economic, Social and Cultural Rights (1966), International Labour Organisation’s Declaration on Fundamental Principles and Rights at Work (1998), European Convention on Human Rights, the UN Guiding Principles on Business and Human Rights and the EU Charter on fundamental rights, the Voluntary Principles on Security and Human Rights and the OECD Guidelines for Multinational Enterprises.

ERG respects Human Rights. Respect for Human Rights is fundamental to ERG’s sustainability and the sustainability of the communities in which we operate. ERG is working to identify, prevent and mitigate potential adverse human rights impacts resulting from, caused by or linked to our business through implementing the processes recommended by the UN Guiding Principles on Business and Human Rights.

ERG will work with third parties which have comparable standards on Human Rights to those of ERG and, by contractual warranties, oblige them to apply these standards.

More Detail