The Company relies on its ongoing stakeholder engagement. TMK’s leadership in the domestic and global pipe industry, geographically diversified assets and sales, and the public nature of our business require us to account for various categories of consumers and partners, the investment community, government bodies, local communities in the Company’s regions of operation, as well as for the Company’s employees.
We believe that a long-term partnership is possible when based on mutual benefit and commitment to ethical principles of doing business which are formalized in our Code of Ethics.
Our representatives actively participate in various forums, conferences, exhibitions, and workshops related to the Company’s business to learn more about stakeholder needs and latest communication formats.
This Annual Report is a key communication tool simultaneously addressing all groups of our stakeholders. When preparing this Annual Report, we put the strongest focus on addressing their concerns in the reporting year and also followed expert recommendations to improve its quality.
Stakeholder relations and information addressing their concerns are presented in relevant sections of this Annual Report (see the diagram below).