On 9 February an award ceremony at the prestigious annual Russian competition “Leaders of Russian business: trends and responsibility” was held. It was part of the Russian Business Week and a convention of the Russian Union of Industrialists and Entrepreneurs attended by Vladimir Putin, the President of Russia.
At the ceremony it was announced that JSC SUEK has won grand-prix of the competition in the “For contribution to community social development” category. Alexander Shokhin, President of the Russian Union of Industrialists and Entrepreneurs triumphantly handed out the honorary award to Vladimir Rashevsky, SUEK CEO.
“Social responsibility is an integral part of modern Russian business. For SUEK it is the confidence in long-term sustainable development of our enterprises together with the regions where we operate, with our employees and with the local communities. We are so glad that our efforts focused on improving the living standards and regional social development have been recognized on such a high level,” said Vladimir Rashevsky at the end of the award ceremony.
JSC SUEK, whose principal shareholder is a Russian entrepreneur and philanthropist Andrey Melnichenko is one of the recognised leaders in corporate social responsibility and charity in Russia. SUEK’s social policy is based on integrated improvement of living standards and creating favourable social environment in the regions where the company’s enterprises are located. Every year SUEK runs about 150 social and charitable projects in the regions where it operates. In 2017 alone the social investments amounted to about RUB 1.28bl (about US$ 22 million).
The Russian national competition “Leaders of Russian business: trends and responsibility” is the most reputable contest which evaluates the trends in economic and social development of Russian companies. JSC SUEK has won the competition in different categories on numerous occasions, including “For contribution to addressing community social issues”, “For high social responsibility of the business”, “For family support social programs”, “For high quality of sustainable development reporting” and many others.