Principles and goals of sustainable development

Human capital development
  • Human capital development, strengthening competence in new areas
H&S best practices
  • Striving for “zero injuries” and achieving LT IF of 0.14(2023)
  • Training of 100 % of production personnel on safety culture(2023)
Corporate governance
  • ESG-rating of the Fund group(70 percentile by 2032)
  • Increasing the proportion of women in the management bodies of the Fund’s companies30 % by 2030
  • The share of independent directors in the composition of the Fund’s BoD and PC Maintaining at 50 %
Resource saving
  • Reducing the energy intensity of production activities(-10 % by 2027)
Decarbonization
  • Reduction of direct and indirect greenhouse gas emissions (Scope 1 and Scope 2) ≥ (-10 %) by 2032
  • Increasing the share of low-carbon generation in the purchase of electricity45 % by 2032
«Green» financing
  • Formation of a portfolio of offset projects(5.8 million tons of CO2-equiv. by 2032)
  • The share of renewable energy and hydroelectric power plants in electricity production26 % by 2032
Openness, transparency and compliance
  • Certification of anti-corruption compliance systems for compliance with the requirements of international standards ISO 37001:2016 “Anti-bribery Management Systems” and ISO 37301:2021 “Compliance Management System”
  • Increasing the share of women in the management bodies of the Fund’s companies

Principles and goals of sustainable development

Our approach to sustainable development is based on a solid Fund, these are the Funds and values on which our activities are based. They support us in achieving our goals.

Respect for human rights

Ethical conduct

Openness

Intolerance to corruption

Transparency

Inadmissibility of conflicts of interest

Accountability

Personal example

The Fund and our portfolio companies share a commitment to the Sustainable Development Goals adopted by the United Nations (hereinafter referred to as the UN SDGs), the principles of the UN Global Compact, the Principles of Responsible Investment of the UN, the Principles of the Equator.

At the strategic planning level, the Fund ensures consistency of the strategy, goals and objectives with the overall sustainable development Goals, including, but not limited to, the goals expressed in the UN SDGs, as well as the Paris Climate Agreement, and relevant national and regional goals. Sustainable development activities are included in the Action Plan for the implementation of the Development Strategy (Development Plan) of the Fund. For more information about the commitment to the UN SDGs, the Fund’s strategic goals and activities in the field of achieving targets, – see Annex 1. Commitment to the UN SDGs

The Fund has established qualitative and quantitative indicators of ESG goals for the Fund and portfolio companies.