Legal Framework: Torture and ill-treatment are prohibited under Russian law, as well as by international treaties such as the UN Convention Against Torture. However, reports indicate widespread use of torture…
Definition of ESG Criteria: Environmental: Criteria focus on how companies perform as stewards of nature, addressing issues like climate change, natural resource depletion, waste, and pollution. Social: These criteria examine…
Government-Backed Programs: The Russian government offers educational programs and resources aimed at enhancing ESG understanding among businesses. These programs often include workshops, webinars, and training sessions focused on sustainability practices…
National Reporting Standards: Companies in Russia are encouraged to follow the Russian National Standard for Sustainability Reporting (GOST R 56399-2015). This standard provides a framework for sustainability reporting, promoting transparency…
Regulatory Framework: The Federal Law on Environmental Protection and various environmental regulations address climate change directly. These laws require companies to mitigate their environmental impact and incorporate sustainability into their…
