REG - Ferrexpo plc - Publication of Responsible Business Report

FerrexpoAnnouncement

04/11/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251104:nRSD9719Fa&default-theme=true

RNS Number : 9719F  Ferrexpo PLC  04 November 2025

4 November 2025

 

Ferrexpo plc

("Ferrexpo", the "Group" or the "Company")

 

Publication of Responsible Business Report

 

Ferrexpo plc (LSE: FXPO), a producer and exporter of premium grade iron ore
products is pleased to announce the publication of its tenth consecutive
annual Responsible Business Report (the "Report") for 2024, and the first to
be prepared with reference to the Global Reporting Initiative ("GRI")
standards.

Now more than three years since the full-scale invasion of Ukraine, the Group
remains determined to operate responsibly. The latest Responsible Business
Report updates stakeholders on activities for the 2024 calendar year,
including Ferrexpo's focus on the health and safety of its workforce,
engagement with local communities, ethical business activities, and
interactions with the environment.

Report highlights:

·    Veteran Support Programme continues to help colleagues return to
civilian life and work

·    Funding for more than 100 humanitarian projects and initiatives

·    Increase in female representation in management roles in Ukraine to
22.9%

·    Increase in gender diversity within the workforce now at 32% female

·    9% decrease in Scope 1 emissions on a unit basis

·    US$657 million paid to suppliers in the year under review

·    Continued inclusion in the FTSE4Good index

·    Recognition as a European climate leader by the Financial Times and
Statista

·    Recognition for our humanitarian programme at the Global Good Awards

 

Fiona MacAulay, Chair of the HSEC Board Committee, commented:

"I am pleased that this tenth edition of the Responsible Business Report is
our first to comply with Global Reporting Initiative standards. Achieving this
milestone has long been an ambition, and it marks a positive step forward.
Even when we are consumed by war, we have not lost sight of our commitment to
progress our ESG reporting to even higher standards.

"By operating throughout the war, Ferrexpo has remained relevant and has
continued to support the social and economic fabric of Horishni Plavni, the
city where we are based, the broader Poltava region and Ukraine. It is not
just our workforce that depends upon us, but families, small businesses, and
large businesses too, as the multiplier-effect across the national economy is
significant.

"In our first Responsible Business Report, published in 2015, Viktor Lotous,
the then Chair of the Corporate Safety and Social Responsibility Committee
wrote in his introduction: "Our primary responsibility is to put health and
safety first and ensure zero harm to our people." A decade later, these words
still stand, though in quite different circumstances.

"Finally, I want to thank everybody involved in this year's Responsible
Business Report. Everything contained in this report starts at the ground
level, where the work is done. This report is the accumulation of all the
effort of our Ukrainian colleagues, day in and night out, under the most
challenging circumstances. I want to thank each and every one of them for
their extraordinary commitment to ensuring that Ferrexpo remains a responsible
business."

 

The report is available to view on the Group's website here
(https://www.ferrexpo.com/responsibility/responsible-business-reports/) .

 

 

For further information please contact:

 Ferrexpo:
 Nick Bias       n.bias@ferrexpo.ch                                                                     +44 (0)7733 177 831
                 (mailto:n.bias@ferrexpo.ch?subject=Ferrexpo%20Responsible%20Business%20Report)

 Tavistock:
 Jos Simson      ferrexpo@tavistock.co.uk                                                               +44 (0)20 7920 3150
                 (mailto:ferrexpo@tavistock.co.uk?subject=Ferrexpo%20Responsible%20Business%20Report)
 Gareth Tredway                                                                                         +44 (0)7785 974 264

 

About Ferrexpo:

About Ferrexpo: Ferrexpo is a Swiss headquartered iron ore company with assets
in Ukraine and a listing in the equity shares commercial companies category on
the London Stock Exchange (ticker FXPO) and a constituent of the FTSE
All-Share index. The Group produces high grade iron ore products, which are
premium products for the global steel industry and enable reduced carbon
emissions and increased productivity for steelmakers when converted into
steel, compared to more commonly traded forms of iron ore. Ferrexpo's
operations have been supplying the global steel industry for over 50 years.
Before Russia's full-scale invasion of Ukraine in February 2022, the Group was
the world's third largest exporter of pellets. The Group has a global customer
base comprising of premium steel mills around the world. For further
information, please visit www.ferrexpo.com (http://www.ferrexpo.com/) .

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCFLFVSLELVIIE



            Copyright 2019 Regulatory News Service, all rights reserved