Examples of the use of ESG principles

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All companies have the right to personally choose the direction and implementation of ESG principles in their strategy. The implementation procedure depends on the type of activity, goals and capabilities of the business. The introduction of ESG principles into the production process often requires a significant reorganization of the business model or modification of technological processes.

Companies themselves set priorities realtor email list and choose ESG strategies, determining the time frame for achieving the set goals.

Production
In 2020, Uralkali's management approved a sustainable development strategy for the period up to 2025. Ten priority areas of ESG activity were selected, three of which are new and related to global trends in this area.

The organization intends to adhere to the established goals for 5 years, after which it will reassess and strengthen policies in areas requiring additional attention.

Retail
Leading retail corporations pay significant attention to the implementation of ESG principles in the company and adherence to the global goals of the UN Agenda in their activities.

Retail

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As an example, X5 Retail Group has set key objectives for 2030 aimed at achieving sustainable development goals such as ending hunger, ensuring health and well-being, creating decent jobs and stimulating economic growth, promoting responsible consumption and production.

The organization also focused on ensuring access to clean energy, combating climate change, reducing inequalities, and preserving water ecosystems and land resources.

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Banks
In 2023, Sberbank PJSC was awarded the prize in the ESG — Business Transformation category, which testifies to its leading role in promoting the principles of sustainable development in the Russian Federation. The Bank actively implements ESG principles in all its areas of activity and strives to achieve goals in this area:

E - in the field of ecology

The organization aims to achieve carbon neutrality in scopes 1 and 2 by 2030, actively promoting the country's transition to a low-carbon development model. To achieve this goal, work will continue on the "Climate Strategy" aimed at reducing and compensating the carbon footprint.

Pays special attention to increasing the efficiency of resource use: materials, energy and water. Also plans to implement a modern system of rational waste management.

Intends to provide financial support to “green” projects aimed at achieving national environmental protection goals.

In addition, it implements projects and events that help popularize environmental awareness among the country's population.

S - in the public sphere

The company is committed to creating comfortable working conditions for its employees, paying special attention to their health and well-being, and also strives to improve their quality of life.

Provides employees with ample opportunities for professional and personal development and actively supports corporate volunteering.

Adheres to the principles of gender equality, which is confirmed by the high proportion of women in leadership positions (65% by the end of 2022).

Strictly respects and protects human rights in its operations and supply chain, making corresponding demands on its suppliers and business partners.

The goal is to create an inclusive environment. To achieve this goal, it actively develops a barrier-free environment and increases the availability of socially significant financial and non-financial products and services for vulnerable groups. As an example, almost all of the company's self-service devices are equipped with an audio assistant function, which makes them convenient for people with visual impairments.

Actively supports various projects, implements significant programs in the areas of culture, healthcare, education, construction and modernization.

In 2022, 6.8 billion rubles were allocated for these purposes. The company also pays attention to supporting the sustainable development of the regions where it operates.

G - in the field of management

The company's strategy is based on the unconditional priority of information security, protection of customer data, as well as combating corruption and financial crimes.

In 2022, more than fifty million customers used Sber's cybersecurity services, which demonstrates the effectiveness of the measures taken.

Sber is committed to high standards of corporate governance and business ethics in all its companies. This principle also extends to interactions with suppliers and contractors.

To ensure transparency and prompt response to possible violations, the bank operates a 24-hour compliance hotline, accessible to both employees and third parties.

Compliance with compliance standards is an integral part of responsible and transparent company activities that meet international standards.

To this end, Sber provides clients with the necessary ESG products and services in all business segments, and also implements procedures for assessing and managing ESG risks.