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Russia’s industry leading companies discussed corporate social responsibility issues

06.07.2018, 15:41  /  Press service of TENEX

On 4 July 2018, TENEX and Nexia Pacioli LLC hosted a traditional round table, which this year was dedicated to the issues of corporate social responsibility (CSR) in the context of sustainable development.
Representatives of the ROSATOM and its organizations, of the Ministry of Economic Development of Russia, as well as of Russia’s major industrial, financial and consulting companies took part in the event.
Yulia Emelyanova, Partner and Deputy Director General of Nexia Pacioli LLC, opened the round table. She highlighted “Russian business community increasingly recognizes that today, the business success depends not only on the produce quality and the company’s management, but also on its perception by the society. And the latter does indeed care about the means, by which the company achieves its strategic goals, the ways it honors its commitments in the context of sustainable development, the social principles it adheres to.”
Representatives of Rating Agency SGM and Nexia Pacioli LLC dedicated their presentations to analysis of Russian approaches to realization of the Sustainable Development Goals 2030 at the state and corporate levels, as well as to comparative study of SDGs implementation and its evaluation in Russia-based and foreign companies.
The “United Nations Global Compact: Participation Experience by JS FC Sistema” report on the impact of the company’s adherence to the internationally recognized responsible business principles on the investors’ appraisal attracted the audience’s special interest.
Experts from MMC Norilsk Nikel and JSC OMK shared their experience in creating a CSR management system and implementation of ISO 26000:2010 “Guidance on Social Responsibility” and SA 8000 “Social Accountability”.
In their presentations, the representatives of ROSATOM and TENEX focused on specific cases of CSR principles realization in the nuclear industry, which today is an innovations leader and is actively promoting hi-tech products abroad.
Summing up the discussion, Deputy Director General for Strategic Communications Valery Govorukhin said “Implementation of CSR system is absolutely mandatory for the companies operating at the global market, as it becomes one of the most important nonprice competition factors. This says CSR must become an integral part of companies’ corporate management and long-term development strategy.”



 For reference:

United Nations Global Compact – international strategic initiative of UN in the field of CSR and sustainable development, aimed at attracting businesses to solving the humanity’s global problems. The Compact formulates 10 principles touching upon human rights, labor, environment and anti-corruption. By joining the Compact, companies commit to meeting those principles for the sake of more fair development of the society and economy of the countries and territories, as well as globally.
Sustainable Development Goals – 17 goals set by the “2030 Agenda for Sustainable Development” resolution of the UN General Assembly adopted in 2015. Achievement of these goals, incl. poverty and hunger elimination, provision of affordable energy and clean water, preservation of land and ocean life, by joint efforts of the states, businesses and civil society will facilitate solving of the humanity’s global problems, lead to universal peace and prosperity.
ISO 26000:2010 “Guidance on Social Responsibility” – international ISO standard, which states the concept of social responsibility, principles and issues at its base, as well as lists recommendations for socially responsible behavior integration in organizations’ strategy, processes and practices, independent of their type.
SA 8000 “Social Accountability” – international certification standard developed by Social Accountability International for the sake of improving the work conditions and social protection of the employees. SA 8000 sets international standards for labor management and obliges companies to take into account social consequences of their activity.




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