TMH Joins the National ESG Alliance

2
December

The first conference dedicated to establishing the National ESG Alliance in Russia has culminated with participants signing an agreement on cooperation.

TMH CEO, Member of the Union of Machine Builders of Russia Kirill Lipa as well as top officials from Sberbank, Avtoban, Sistema, Gazprom Neft, EuroChem, CC Kolmar, Metalloinvest, Uralchem, Polyus, Prosveshchenie, Rusal, R-Farm, Sibur, Solar Systems, SUEK, T Plus, Technonikol, Delo, Uralkali, Farmstandard, Unilever Rus, En+ Group, Eurasian Resources Group, Mercury Retail Holding, PLC O1, Properties Vos’hod Development, and X5 Group participated in the event.

The Alliance sees its mission in facilitating the transition to sustainable economic development, ensuring environmental protection, supporting social development and business growth while reducing the consumption of natural resources – through commitment, collaboration, and partnership of all involved parties.

The National ESG Alliance is a platform for dialogue and engagement for all stakeholders; sharing of knowledge and experience between the business community, the government and the society; developing and promoting new ESG standards, including industry guidelines, assessment and reporting frameworks; developing transformative partnerships; working together on implementation of programs for achieving sustainable development goals; and facilitating investment support for breakthrough projects aimed at ESG transformation.

The proposal to set up an Alliance of leading companies in the ESG transition was first brought up at the Vladivostok Eastern Economic Forum in September 2021. It was actively supported by representatives of leading Russian companies.

TMH CEO and Member of the Union of Machine Builders of Russia Kirill Lipa: “As a leader in transport machine engineering and an innovator of eco-friendly transport, TMH is expecting that the participation in the Alliance will make its efforts more efficient through better alignment and responsibility of the enterprises-participants of the coalition. I thank Sber for taking the responsibility to coordinate Russian companies in reaching the goals of sustainable development. Joining our efforts truly has a potential to result in the emergence of a business-environment that is based on the concepts and ideas of sustainable development for the benefit of future generations on par with the world’s best practices.”

Sber CEO and Chairman of the Executive Board Herman Gref: “As we discussed the issues of corporate social responsibility, transparent and impactful corporate governance and environmental protection, we came to understanding that leading companies needed to combine their efforts to drive this agenda in the country. We realized that we had to work on shaping regulatory frameworks, standards, and implementation control procedures, forming a new legislation that will stimulate all market participants to comply with ESG standards, and promoting the interests of Russia and Russian companies internationally. These are the key objectives that form the core of the ESG Alliance’s charter. The founding members of the Alliance currently include 28 companies, which represent over 18 sectors of the Russian economy. Membership in the Alliance is voluntary, and we encourage other companies to join it. In our experience, such voluntary coalitions, dedicated to issues faced by the business community, demonstrate significant results. I believe this initiative may lead to a useful and effective solution to promoting ESG agenda in Russia.”

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