About this report
This Integrated Report presents the results of SUEK’s GroupThe reporting of SUEK’s Coal Reserves is presented using the guidelines of the 2012 Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves as published by the Joint Ore Reserves Committee of the Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia (the JORC Code). operations for 2020 by segments: Energy segment (activities for the production of electricity and heat), Coal segment (activities for the production, processing and sale of coal) and Logistics (activities for the transportation of products by own railcars and transshipment in ports).
The main topic of the Report is the consistent development of SUEK into a multi-segment company with coal, energy and logistics businesses. The Report presents information on how SUEK makes progress in the implementation of its strategy, responds to macroeconomic and market challenges, adapts its structure and management methods to stakeholder requirements, and improves the management of ESG issues. One of the focuses of discloser in this Report is how SUEK was ensuring the safety of employees and work stability in the conditions of COVID-19 during the year, as well as assistance to the regions of presence.
SUEK’s report was prepared in accordance with the recommendations of the International Integrated Reporting Council (IIRC) and the requirements of Russian legislation. The company uses the guidelines of the Global Reporting Initiative (GRI Standards) when disclosing non-financial information.
This Integrated Report should be read alongside our 2020 audited financial statements, prepared in accordance with International Financial Reporting Standards (IFRS). The Report was prepared under the supervision of SUEK’s Chief Financial Officer and with the Audit Committee of the Board of Directors also collectively contributing to its preparation and ensuring its overall integrity. The draft of the Report was approved by the Board of Directors in March 2021 and is subject to approval at the General Meeting of Shareholders of JSC SUEK.