Category Archives: Sustainability

INNOVATION

Eurasian Resource Capital (ERC) Corporate Group is considering the development of the innovative activity and advancement of its scientific-intellectual and technological potential as the most highly prioritized activity areas.

The Group’s strategic initiatives focus on researching, developing and implementing innovative energy efficient and energy saving technologies and technical solutions, which will help dramatically improve the efficiency of technological processes in different areas of the industrial and energy sectors.

To achieve the strategic goal, ERC systematically increases the capacity of internal R&D infrastructure through raising the efficiency of its existing scientific and technical resources, constantly tests new high-performance technologies, takes an active part in international scientific & technical conferences, and also collaborates with leading universities and scientific-research institutes to generate synergies.

One of the most important competitive advantages of ERC Corporate Group is its internal scientific and research & development resources, that allows to transform its scientific ideas into pioneering solutions and advanced highly effective innovative methods and tools.

ERC has an extensive strategically oriented portfolio of innovative projects which are at different stages of development – from experimental and theoretical studies to full implementation readiness.

The Group employs highly qualified and experienced scientists, researchers, engineers and specialists with in-depth knowledge in different areas of the industrial field.

With a tremendous depth of knowledge, extensive global experience, technical excellence, and innovative solutions, ERC effectively implements complex projects that meet a broad spectrum of customer requirements.

Broad occupational competencies of structural subdivisions allow participating in large-scale industrial and infrastructure projects at all the stages of the value chain.

In its activities ERC pays particular attention to integrated and efficient intellectual property management thus pursuing its policy aimed to innovative development and at the same time improving the key economic and financial performance indicators of the Group.

CODE OF BUSINESS CONDUCT

Eurasian Resource Capital (ERC) Corporate Group is deeply convinced that organizational culture is one of the most important factors in the Group’s effective development and an integral component of building a successful business development strategy.

In its operations, the Group adheres to business principles, rules and standards established by competent international organizations.

ERC aims at constantly increasing the efficiency of its administrative and operational processes, using a wide range of mechanisms and forms of cooperation at every level of management.

Development of comprehensive, mutually beneficial and constructive relations with internal and external partners, counterparties and clients is one way to increase the efficiency of the Group’s operations.

ERC Corporate Group operates in strict compliance with all statutory provisions, rules and regulations, in accordance with the principles of fairness, good faith, loyalty and legality, promoting fair competition and paying particular attention to ensuring that all business partners to respect these standards and follow them in the course of their daily business activities.

Code of Business Conduct is the aggregate of the missions, values and a set of guiding principles that govern the Group’s interactions with its employees, clients and counterparties, suppliers of goods and services as well as business partners.

The main initiatives in the field of ERC’s organizational culture include the following:

  • Commitment to the highest standards of business and professional ethics;
  • Honesty and integrity in business operations;
  • Strict observance and compliance with the standards, legal and regulatory requirements applicable in each country where the Group operates;
  • Commitment to the zero tolerance principle to corruption in any of its forms and manifestations at all levels;
  • Adherence to strengthening mutually beneficial long-term cooperation;
  • Compliance with laws, standards and regulations relating to products and services quality and safety management;
  • Realization of social responsibility policy;
  • Development and support of social initiatives that improve the quality of life;
  • Implementation of energy efficiency and resource-saving policies;
  • Enforcement of environmental laws and regulations;
  • Proper management of hazardous materials and waste including use, handling, storage, and ultimate disposal;
  • Compliance with the applicable laws in the area of occupational safety and health;
  • Protection of human rights and enforcement of labour legislation.

During the years of presence in the principal global markets, ERC Corporate Group has established itself as a reliable business partner and supplier, who strictly adheres to the code of responsible business conduct.

Code of Business Conduct Brochure (pdf, 5.13 MB)

QUALITY MANAGEMENT

Eurasian Resource Capital (ERC) Corporate Group strives to maintain and strengthen its position primarily in the industrial and energy sectors and to ensure its role of responsible goods and services market player, which focuses on sustainable development while satisfying the consumer demand to the maximum extent possible, as well as systematically increasing the competitiveness of its products and services.

The quality management concept is founded on the Group’s ability to provide for stable, safe and efficient supply of goods and services based on social and business interests with the assortment, volume and quality corresponding to the market demand levels.

To achieve these strategic objectives, the Group uses all available opportunities, including continued efforts to ease bottlenecks and reduce costs, increase the efficiency of its business operations, further improve the quality of its goods and services provided, as well as use new advanced high-performance technologies.

Achieving the set goals and objectives of ERC ensures the implementation of the following interdependent principles:

  • Compliance with laws, standards and regulations relating to products and services quality and safety management;
  • Systematic investigation and identification of current and future customer needs through a market research, as well as comprehensive continuous monitoring of their expectations and satisfaction;
  • Creating better conditions for optimal functioning and improvement of the quality management system;
  • Diversification of sales markets by means of identification of new needs through the marketing research and subsequent deliveries of competitive high-quality products and services meeting the expectations and requirements of the consumers;
  • Improving the Group’s performance and operational effectiveness through internal strategy and discipline;
  • General orientation and global interconnectedness of strategic goals of the Group’s internal divisions;
  • Making management decisions based on reliable data analysis of the Group’s activities;
  • Exercising effective control over all activities, major tasks and sub-tasks needed to maintain the desired level of excellence;
  • Observance and compliance with the international agreements, standards, legal and regulatory requirements applicable in each country where the Group operates;
  • Commitment to the zero tolerance principle to corruption in any of its forms and manifestations at all levels;
  • Adherence to strengthening mutually beneficial long-term cooperation.

The main purpose of ERC Corporate Group is to assist its clients in purchasing the highest quality products in a timely, reliable, and cost-effective manner, as well as expanding the product range and services meeting the strict requirements of modern international quality standards.

ENVIRONMENTAL POLICY

Eurasian Resource Capital (ERC) Corporate Group places a particular focus on thei mplementation of initiatives in the field of environmental protection and environmental safety.

The Group is strongly committed to environmental sustainability leadership in all of its business activities and strives to continually improving its environmental performance and reducing the potential impacts of its operations through the implementation of environmental management system.

In its activities, the Group follows the international environmental protection initiatives and agreements, strictly adheres to the highest global environmental standards, and conducts systematic work in the field of environmental impact management.

ERC’s environmental policy is aimed at identifying and testing optimal technological solutions, as well as on development of eco-innovation which allow minimizing the impact of the Group’s ongoing business operations on ecosystems in regions of it presence.

The Group’s key principles, goals and aims of environmental policy are:

  • Strict compliance and observance with all the international and industry-specific environmental standards and regulatory requirements;
  • Systematically updating, improving and streamlining of the internal environmental management system for reducing the ecological impact of ongoing business operations across different geographical locations;
  • Responsible fulfillment of approved ecological programs to continuous improvement of environmental performance and achieving the highest environmental standards;
  • Reducing the potential negative impact on the environment through introduction of highly efficient advanced technologies, equipment and materials;
  • Efficient management of potential environmental risks based on modern concepts;
  • Implementation and expansion of comprehensive environmental monitoring and assessment systems at all levels of activity;
  • Rational and efficient use of non-renewable natural resources with a combination of highly efficient tools and methods of their protection;
  • Proper management of hazardous materials and waste including use, handling, storage, and ultimate disposal;
  • Intensive collaboration with all stakeholders in the area of environment protection and progressive expansion the scale of environmental measures.

ERC Corporate Group is deeply aware of its responsibility to protect and preserve the environment for the benefit of present and future generations.

RESOURCE SAVING POLICY

Eurasian Resource Capital (ERC) Corporate Group strictly adheres to the concept of rational and efficient use of non-renewable natural resources at all levels of its ongoing business operations.

Environmental protection and rational use of natural resources based on introduction of innovative nature and resources conservation technologies are among the top priorities of the Group.

The Group’s strategic initiatives focus on researching, developing and implementing innovative energy efficient and energy saving technologies and technical solutions, which will help dramatically improve the efficiency of technological processes in different areas of the industrial and energy sectors.

To achieve the strategic goal, ERC systematically increases the capacity of internal R&D infrastructure through raising the efficiency of its existing scientific and technical resources, constantly tests new high-performance technologies, takes an active part in international scientific & technical conferences, and also collaborates with leading universities and scientific-research institutes to generate synergies.

One of the most important competitive advantages of ERC is its internal scientific and research & development resources, that allows to transform its scientific ideas into pioneering solutions and advanced highly effective innovative methods and tools.

ERC Corporate Group successively enhances its energy efficiency through a wider use of highly efficient advanced technologies, equipment and materials, thereby gradually reducing costs of the consumed energy resources and mitigating the potential negative impact on the environment.

In order to achieve the best performance in this area, the Group is systematically improving its approaches to management of innovative projects and programs, as well as increases the scale of natural resource saving measures.

SOCIAL RESPONSIBILITY

Eurasian Resource Capital (ERC) Corporate Group consistently implements the high social responsibility policy and seeks to exercise a significant influence on the environmental, economic and social development of the regions where it operates.

The Group’s social mission is an essential and fundamental aspect of its long-term business strategy, which is primarily aimed at maintaining and strengthening socio-economic sector stability.

Striving for sustainable and dynamic development of diversified business, ERC Corporate Group pays due attention to solving various social problems, as well as periodically takes part in implementing certain regional projects in the field of science, education, healthcare, culture, and sport.

During the process of selecting social investment projects and programs, priority is given to those events which enable the Group to make a significant and long-term contribution to solve the existing social problems and to provide necessary assistance to further the socio-economic development of regions.

In addition, while developing the socio-economic support projects, the Group is permanently mindful specifics of local conditions, using the right tools and programs to ensure the most substantial positive impact.

ERC’s social responsibility is to build mutually beneficial long-term cooperation and to maintain the necessary balance in relations with all stakeholders in the regions of its presence, including government, business partners, clients, employees and the public.

CHARITY

Eurasian Resource Capital (ERC) Corporate Group positions itself as a socially responsible participant in various business segments and a conscientious player in the principal import and export markets, which focuses on the formation of favorable social environment across the Group’s geographical locations through sponsorship and charitable activities.

Priority directions of charitable activity:

  • Creation of a favorable social climate providing for stable and dynamic business development in the regions of presence;
  • Development and maintenance of social initiatives aimed at improving the standards of living and quality of life;
  • Formation and support of fundamental socio-humanitarian values;
  • Preservation and regeneration of ethnic-cultural heritages, languages and traditions;
  • Support for the revival of moral, spiritual, and aesthetic ideals;
  • Advancement and dissemination of the world’s cultural capital.

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SCIENTIFIC & TECHNICAL COOPERATION

Eurasian Resource Capital (ERC) Corporate Group invites all interested parties to close interaction and fruitful cooperation in the sphere of innovations and advanced technologies.

The Group considers solutions that are at different stages of their preparation and development process, from an innovative idea or inventive step, provided that such an idea or inventive step has a scientific basis and is capable of industrial application, to a more fully realized technologies.

Cooperation request