Background

Sustainability means development that meets the demands of the present without jeopardizing the future generations’ potential to satisfy their needs.

A sustainability report is a part of a company’s public non-financial reporting that comprehensively reflects the company’s sustainability policies, goals and performance in the reporting period, with a focus on economic, environmental and social aspects, to be used by stakeholder groups and incorporating comments and suggestions thereof. Audits of public non-financial reporting are carried out by companies on a voluntary basis.

The GRI Standards are the standards for sustainability reporting developed by Global Reporting Initiative, an independent international non-commercial organization.

FBK is one of the leading Russian audit and consulting groups and a GRI Certified Training Partner in Russia.

Public verification is a standalone procedure for external assessment of public non-financial reporting. The procedure is performed on a voluntary basis, increasing public confidence in the audited company.

The Russian Union of Industrialists and Entrepreneurs (RSPP) is a nationwide organization that brings together major industrial, research, finance and commercial companies and represents their interests both in Russia and abroad.