Abbreviations

Ag Argentum (silver)
ARRC Avoid – reduce – restore – compensate
Au Aurum (gold)
CAPEX Capital expenditures
CBAM Carbon Border Adjustment Mechanism
CDP Carbon Disclosure Project
CH4 Methane
CHPP Combined heat and power plant
Co Cobaltum (cobalt)
COP27 27th Conference of the Parties of the United Nations Framework Convention on Climate Change
COSO ERM The Committee of Sponsoring Organisations of the Treadway Commission Enterprise Risk Management
Cu Cuprum (copper)
DNV Det Norske Veritas
ESG Environmental, Social, and Governance
GDP Gross domestic product
GHG Greenhouse gases
GISTM Global Industry Standard on Tailings Management
GOST State standard
GRI Global Reporting Initiative
GRK Mining and processing plant
Group Nornickel Group
HPP Hydropower plant
IAP RAS Obukhov Institute of Atmospheric Physics of the Russian Academy of Sciences
ICE Internal combustion engine
ICMM International Council on Mining and Metals
IEA International Energy Agency
IFRS International Financial Reporting Standards
Inc. Incorporated
IPCC Intergovernmental Panel on Climate Change
Ir Iridium
IRMA Initiative for Responsible Mining Assurance
ISO International Organisation for Standardisation
IT Information technologies
J Joule
KPI Key performance indicators
LME London Metal Exchange
Ltd. Limited (Limited liability company)
MMC Mining and metallurgical company
MSCI Morgan Stanley Capital International
N2O Nitrogen oxide
NGFS Central Banks and Supervisors Network for Greening the Financial System
Ni Niссolum (nickel)
NTEC Norilsk-Taimyr Energy Company
OPEC Organisation of the Petroleum Exporting Countries
OPEX Operating expenses
Oy Osakeyhtiö (joint-stock company)
Pd Palladium
PGM Platinum group metals
PJSC Public joint-stock company
PPP Purchasing power parity
Pt Platinum
R&D Research and development
RAS Russian Academy of Sciences
REE Rare earth elements
RES Renewable energy sources
Rh Rhodium
Ru Ruthenium
S Sulfur (sulphur)
SA Società Anonima (joint-stock company)
SASB Sustainability Accounting Standards Board
SBT Science-based targets
SDGs UN Sustainable Development Goals
Se Selenium
SSP Shared Socio-Economic Pathways
UN United Nations
USD United States dollar
W Watt