OREANDA-NEWS. December 26, 2011. Kyivstar is recognized to be the most transparent company in the telecom market of Ukraine following the results of the company transparency and accountability index initiatedby the "Development of corporate social responsibility" Center.

The index, which is based on the Beyond Business method (Israel), evaluates the websites of public companies in various branches of economy for the presence of complete and accessible information on corporate social responsibility. The study involved the companies, whose shares are traded on international stock exchanges, as well as leading companies in terms of net profit in Ukraine.

Zhanna Parkhomenko (Revnova), Director of Corporate Relations, Kyivstar:

"Kyivstar is building its business on principles of honesty, openness and transparency. They provide a basis for the business strategy of the company, a part of which is corporate social responsibility. We strive to ensure that the company mission and goals are clear to our customers, partners, colleagues and society as a whole. Only then will we get true support, cooperation and effective partnership in their implementation."

The top tencompanies with the highest index of transparency and accountability include those business organizations that have web pages with publicly available non-financial reports as well as a detailed description of social and environmental projects. A key feature of this study consists in the fact that the index of the company openness and transparency can be verified by any Internet user visiting the websites of participating companies and testing the accessibility of information about their social activities.