SUEK Named One of Leaders in Rating of Social Responsibility
OREANDA-NEWS. On 09 April 2009 was announced, that SUEK was one of the leaders in the rating of corporate social responsibility among the Russian companies. The Russian version of the global Accountability Rating program was presented at the National Forum of Corporate Social Responsibility based on the 2008 results.
SUEK shared the honorary 4th position with OAO Russian Railways. Meanwhile, compared to the previous year the company's rating has increased by one point. The other leaders of the rating included OAO Lukoil, OAO Norisk Nickel.
The annual "Rating of Corporate Responsibility" is made up by the International Project Bureau "Business Culture" under a license of the AccountАbility Institute of Social and Ethical Accountability. Based on the data of corporate social reports and other reports of the companies, the experts assess the level of their social responsibility and business transparency. The basis of the methodology is the internationally recognized principles and standards of social responsibility and accountability envisaged by such documents as the United Nations Global Compact, Global Reporting Initiative'?s (GRI) Sustainability Reporting Guidelines, Standards of the AccountAbility Institute (AA 1000 series).
"The key principles of relationship of our company with society are openness and responsibility. In this respect we deem it necessary not only to follow these principles, but also expand their contents, creating new, more efficient mechanisms of interaction between business and society. The peculiarity of the coal industry is that coal enterprises are often city-forming, centres of monocity existence, and confront a whole bunch of social issues, the basic one of which is the social apathy of population. And when developing our social projects we consciously avoid the practice of charity and one-off payments, but direct our activities at the establishment of a really efficient social partnership, development of formative activities and commitment of the local community", says the President of the Fund "SUEK - REGIONAM", Deputy General Director of OAO SUEK, Sergey Grigoriev.
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