SCM Reports CSR Performance in 1H 2012
OREANDA-NEWS. August 23, 2012. The SCM Group is pleased to announce its corporate social responsibility results for January-June 2012 consolidated in course of preparations of the Group's non-financial report.
Taxes and duties paid by the group companies to the national and local budgets (including the Pension Fund) made UAH 14.7bn
Gross payroll - UAH 8.7bn
Investment in production modernisation and acquisition of fixed assets - UAH 8.4bn
Expenditures on social programmes in business development - UAH 2.7bn, of which UAH 1.4bn in environmental investment, UAH 830m in health and safety investment and UAH 326m in employee programmes.
"In the first half of 2012 SCM Group showed growth in key performance indicators by expanding its operations in a number of markets. As a result, our tax payments increased. Speaking of social investment, our priorities haven't changed. According to sustainability strategy of SCM Group they include, first of all, health and safety, environmental protection and investments in our employees as well as investments in the development of the regions where our assets operate. We are going to continue investing in production upgrade and social programmes by creating good working and living conditions," noted Oleg Popov, CEO of SCM.
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