Environmental Assessment of Planned Economic Activities

The Company implements its environmental protection policy by conducting an environmental assessment of planned and ongoing environmental activities. In the process of such assessment, possible negative impacts resulting from the implementation of a particular activity are identified, studied and evaluated.

Planned project decisions or intentions to implement a new project take into account public opinion and are implemented with an assessment of possible environmental risks. Public opinion is taken into account through informal meetings, gatherings, collection of written and oral proposals, open meetings, where each opinion is subject to consideration and preparation of a response. Each project is submitted to public hearings with the participation of non-governmental organisations, state bodies, the public and other stakeholders. Public hearings are open to all interested parties. The results of the hearings are recorded in writing and presented to the public.

Since 2021, the Company has been guided by the Corporate Standard on Environmental Impact Assessment. The Standard defines the corporate principles of the process of assessing the environmental impact of planned activities, regulates the activities of KMG Group, its employees and contractors, including design organisations, whose activities are related to the development of technical documentation and environmental impact assessment materials, organisation and carrying out of public opinion consideration on environmental impact assessment materials, as well as obtaining environmental permits. The Standard is expected to be updated in 2024.