Ferrexpo Group subsidiaries have successfully passed the SMETA international audit

Ferrexpo Poltava Mining (FPM) and Ferrexpo Yeristovo Mining (FYM), which are the Ferrexpo Group’s subsidiaries, in January 2022, successfully passed a social responsibility audit as per the SMETA methodology, which was carried out by the Intertek international company.

The audit explored the extent of the employees’ social protection and ran across production subdivisions, support services and Administration. Collective and individual interviews were also held at all levels of key and support personnel and contractor workforce.

The approaches of the Companies’ management to the social security of their employees, free transportation to the workplace, high-quality medical care at the company-owned Medical Unit, health and life insurance were positively noted.

The social audit outcomes will be posted on the Sedex platform official website.

Inna Us, Head of Projects and Programmes – Lead Auditor on Social Responsibility and Management Systems of Intertek Ukraine:

“According to the audit data, it has been found that these companies are in compliance with the requirements of the conventions of the International Labor Organization and the SMETA program. The employer provides the conditions for safe work, working hours meet the requirements of Ukrainian Law and industry standards, there is no discrimination and the company is guided by the regulations that fully protect the employees’ rights.”

Yaroslavna Blonska, Head of Sales Europe – External Relations Officer Ferrexpo:

“For the first time, we passed the social responsibility audit using the SMETA methodology and received a high rating from the international company Intertek. The positive opinion of the auditors testifies not only to the high quality of production, but also