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Stakeholder Engagement, Openness and Transparency

GRI 2-29

Openness, transparency and consideration of stakeholders’ interests form the basis of the Fund’s engagement approach.

We use various stakeholder-engagement mechanisms, which allows us to take into account the expectations of key groups when addressing matters of strategy, investments, the social agenda. This process is embedded into our governance system, ensuring the identification of material topics, risk assessment, and the evaluation of their impact on the Fund’s operations and its stakeholders.

Stakeholder engagement mechanisms

Sole Shareholder

Governing-body meetings and resolutions; regular reporting; consideration of strategic and investment matters

Employees

Internal communications; management meetings with employees; feedback channels; handling of grievances

Portfolio companies

Monthly executive hearings; participation by Fund representatives in boards of directors; on-site meetings; monitoring of key performance indicators

Government bodies

Hearings at Government level; working meetings and conferences; inter-agency cooperation

NGOs and associations

Forums and consultations; dialogue on sector-specific issues; participation in public and industry platforms

Investment community and rating agencies

Information disclosure; meetings and presentations; participation in rating procedures; responses to queries

Society

Public Council; public hearings; social and charity programmes; handling of citizens’ inquiries

Media

Press releases; interviews and comments; briefings; public statements

Contractors and suppliers

Procurement procedures; qualification screening; contractual relations; monitoring of contract performance

Business community and partners

Business meetings and forums; negotiations; cooperation agreements; joint projects