Stakeholder relations
GRI 2-29
The quality of stakeholder relations is the key to sustainable development of PJSC Rosseti South. The Company strives to establish a responsible and open dialogue with all stakeholders with due consideration of their interests in decision-making process.
Stakeholders | Stakeholder relations |
|---|---|
Internal stakeholders | |
Subsidiaries and affiliates (S&As) of the Company | These S&As are interested in disseminating the best corporate governance practices to them and maintaining their image as part of Rosseti Group. Interaction is effected through the management and control bodies of S&As in accordance with the applicable laws of the Russian Federation and local regulations, joint activities, as well as interaction on current issues within the framework of standard business processes, including reporting. |
Personnel of the Company Social partners (trade unions, employers’ associations) | These parties are interested in an attractive business culture, competitive wages, social and health benefits, opportunities for personal, professional development, as well as work safety. Interaction ways:
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Operating environment | |
Investment community (shareholders and investors) | These parties have an interest in the growth of total shareholder return, including dividend yield and capitalisation of the Company, its development, consideration of the interests of all shareholder groups, information transparency and openness of the Company, efficiency of production activities for sustainable development, as well as a high level of corporate governance. Interaction is effected through meetings/ absentee voting of the General Meeting of Shareholders, representation in governing and control bodies, through disclosure of information about the Company |
Consumers of electricity and grid connection services, territorial grid organisations | Interaction with the Company’s clients is effected through all available communication channels. In-person client interactions are offered at client service offices. For remote interaction with service consumers, there is the power grid services portal and its mobile application, as well as relevant sections at the Company’s official website. The hotline number 8-800-220-0-220, 220 (via mobile devices) is available 24/7. |
Partners (suppliers, contractors, business partners, professional and industry associations, including international ones) | These parties are interested in mutually beneficial and long-term cooperation, stable financial condition of the Company, timely and accurate fulfilment of contractual obligations, transparency in procurement and rejection of corruption. Interaction is through procurement procedures, negotiations, participation in topic-related forums, seminars and conferences with media participation, and through the corporate website. |
State (federal and regional authorities, local administrations) | The state is interested in ensuring the reliable and sustainable functioning of the energy system, discussing and reviewing government projects and decisions related to industry regulation, cooperating on planning and implementing territorial development programmes in the region of operation, participating in the Energy Strategy of Russia and the Strategy for Development of the Power Grid Complex of the Russian Federation, meeting medium-term and long-term demand for electricity, attracting additional investment to the region, creating new jobs, and increasing tax payments. Interaction is carried out by setting tariffs for regulated activities, approval of investment programmes and reports on their implementation, participation in working groups to develop the electric power industry perspective development roadmap, conclusion of cooperation agreements, reporting to authorities and information disclosure in accordance with Russian legislation, transfer of tax payments, expert discussions, conferences, forums, working meetings and joint events with representatives of the authorities |
Social environment | |
Society (public, social, charitable and environmental organisations, scientific and educational institutions, non-consumers, media) | The said party is interested in reliable energy supply, employment, development of regions of presence, environmental protection, energy efficiency, implementation of social and charitable programmes, development of science and education, introduction of advanced scientific developments and technologies, demand for young promising personnel, full information about the Company’s activities. Interaction is through participation in charity projects, publications in the media and on the corporate website, press conferences, PR events, topic-related seminars, forums, competitions, meetings and topic-related events with veterans, students, schoolchildren, etc., application of measures to prevent electrical accidents with the population, participation in research and educational projects |