Social Policy
North-Western Phosphorous Company is aware of its responsibility to the community and is committed to creating new jobs, making its tax and extra-budgetary payments on time, ensuring workplace and environmental safety at its facilities and developing a favourable social environment in its local region.
NWPC’s social policy is aimed at developing a healthy social and psychological climate among its employees. The Company has devised a human resources policy to promote a working atmosphere that encourages each person to reach his or her potential. The Company is improving its motivation system to provide each employee with opportunities for career development and remuneration adequate to his or her professional level and personal contribution to the Company’s performance, as well as opportunities for social security and education and advanced training opportunities.
 | As a socially responsible company, NWPC undertakes to provide support in dealing with social problems in the Murmansk region. Under agreements for social and economic partnership and cooperation with the government of the Murmansk region and the municipal administration of the city of Kirovsk, the Company is investing in the cities of Apatity and Kirovsk, as well as Koashva settlement, which is located near the Oleniy Ruchey deposit, and financially contributing to both the regions’ social sector and charity. |
Under its bilateral agreement with the municipal administration of Kirovsk in 2008-2009, NWPC allocated RUB 16 million to social sector development (including construction of a playground, a medical station, cultural and education institutions in Koashva, purchase of equipment and renovation of the Kirovsk Bureau of Civil Registrations).
NWPC’s obligations under its agreement with the Kirovsk municipal administration amounted to RUB 59 million for 2010, including RUB 27 million allocated by the Company for landscaping and reconstruction of buildings and facilities in Kirovsk. In particular, the Company allocated RUB 14.5 million to repair municipal roads, RUB 4 million to renovate a school, RUB 6 million for the Kirovsk municipal hospital, and RUB 2 million to renovate and purchase equipment for the municipal bureau of civil registration. The Company spent RUB 500,000 to organize entertainments and buy gifts; RUB 9.5 million to repair and buy equipment for social facilities in Koashva (school, nursery school, medical station, recreation centre); RUB 20.5 million to renovate uninhabited residential buildings in Koashva, and RUB 2 million to renovate a former nursery school building that was bought by the Company at an auction to set up administrative facilities for local residents’ social needs.
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| NWPC’s goal is to revive the settlement and make it attractive for Company employees and other residents, including young people. NWPC contributes to social activities in the settlement. Every year the Company’s representatives send greetings to residents on the day of the settlement’s founding and other special dates, with presents for children, large families and graduates of school No. 10. |
The Company allocated RUB 3.4 million for local charitable giving, including the following: construction of a Church of the New Martyrs and Confessors of Russia in Apatity, assistance in organizing musical contests, New Year’s events for children, sporting events, the Transpolar Danceball ballroom dancing tournament, construction of a children’s playground in Apatity, organisation of City Day, purchase of office equipment for official organisations in Apatity, and organisation of events commemorating the 65th anniversary of World War II.
On January 26, 2011, NWPC signed an Agreement for Partnership and Cooperation in 2011 with the Kirovsk Municipal Administration. The Company undertook to finance a number of events aimed at social and economic development in Kirovsk and Koashva, allocating a total of RUB 31 million. All the obligations were fulfilled on time provided by the agreement.
The same amount will be transferred under the agreement for 2012 for repair of former school No.1 at Kirovsk, residential area and recreation centre in the settlement of Koashva.
