RusHydro Awarded National Corporate Governance Rating
OREANDA-NEWS. On 12 March 2009 was announced, that the consortium of the Russian Institute of Directors and the rating agency Expert RA - RID - Expert RS - has awarded JSC RusHydro a score of 7 - "Developed corporate governance practice" according to the National Corporate Governance Rating scale.
In accordance with the National Corporate Governance Rating scale of RID - Expert RA, a company with a NCGS of 6 to 8 has low corporate governance risks. The company abides by the requirements of the Russian legislation in the sphere of corporate governance, follows most of the recommendations of the Russian Code of Corporate Conduct and individual recommendations of best international corporate governance practices.
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