MMC Norilsk Nickel — Ethics Grade F

MMC Norilsk Nickel receives an overall ethics grade of F (10/100) on CancelCo's corporate accountability database. Sector: Mining & Metals. Market cap: Large Cap.

Category scores

• labor: 15
• privacy: 50
• consumer: 40
• environment: 0
• humanRights: 20

Documented incidents (3)

• Arctic Oil Spill Catastrophe (high, 2020) — A massive storage tank failed, spilling 21,000 tons of diesel into Arctic rivers and lakes. The incident was called one of the worst environmental disasters in Russian history and resulted in a record $2 billion fine.
• Sulfur Dioxide Emissions (high, 2021) — The city of Norilsk consistently ranks as one of the most polluted places on earth due to the company's smelters. Emissions have created a 'dead zone' of scorched forest twice the size of Rhode Island.
• Concentrator Plant Collapse (high, 2021) — A factory building partially collapsed during maintenance, killing three workers and injuring others. The company was criticized for ignoring structural safety warnings in pursuit of meeting production quotas.

Documented good deeds

• Sulphur Programme 2.0 — Launched a $4 billion project to capture sulfur dioxide emissions at its Nadezhda Smelter to reduce air pollution by 90%.

Ethical alternatives

• Boliden AB — Industry leader in sustainable mining and circular economy metal recovery in the Nordic region.