Sustainable development management in the Company
The Company’s main objective in the area of sustainable development is to maximise its contribution to the UN SDGs and to generate added value for stakeholders in relation to relevant national and international goals.
The resolution of the Board of Directors of the Company dated 29 December 2023 (Minutes No. 557/2023 dated 29 December 2023) approved the Sustainable Development Policy of PJSC Rosseti and the Climate Change Policy of PJSC Rosseti as internal documents of the CompanyPublished on the Company’s website in the Home / Production Activities / Environmental Protection section..
Principles | Description |
|---|---|
Safety of operations | Electric power assets are classified as high-risk infrastructural facilities. The life and health of employees and the population of the regions where the Company operates is the key priority of the Company. The Company takes all necessary measures to ensure safe operations and prevent electrical injuries among social groups at risk |
Conservation of the environment | The Company assumes responsibility for the economic, social and environmental consequences of its activities and strives to minimise their negative environmental impact |
Accommodation of stakeholders’ expectations and interests | The Company recognises its stakeholders and incorporates their expectations and interests when setting strategic goals and priorities, as well as when conducting operational activities. The Company strives to keep all stakeholders’ interests in balance and to create welcoming environments that facilitate productive communication |
Consistency and transparency | The Company understands the value of having a transparent and constant communication with stakeholders, which involves disclosing information on performance and sustainability plans on a regular basis in compliance with legal requirements. The Company publishes only trustworthy information about the outcomes of its operations, including in the annual report, and guarantees that all stakeholders have access to such information |
Mutual respect as the foundation for ethical business practices | A fundamental element of the Company’s corporate culture is its dedication to ethical business practices and cultivating respectful relationships. The Company strives to fulfil its obligations at all times and in all circumstances. The Company treats corruption and bribery with zero tolerance and strives to prevent their manifestations. The Company supports and encourages fair competition, in particular, it ensures transparency of the procurement process and does not restrict competition in procurement procedures |
Risk management | The Company continuously identifies, evaluates, monitors risks and implements measures to minimise them, as well as develops measures to develop and improve the risk management process in line with best practices |
The Company’s sustainable development areas:
Promotion of the economic growth of the Company and the regions where it operates;
Environmental protection;
Care for the public.