Labor Practices and Human Rights: Labor Code of the Russian Federation: This code outlines regulations for employment conditions, employee rights, and workplace safety. It mandates fair treatment of employees and…
Corporate Governance Code: The Russian Corporate Governance Code provides a framework for best practices in governance, emphasizing transparency, accountability, and fairness in corporate structures. It encourages companies to adopt governance…
Incentives: Government Grants and Subsidies: Companies that demonstrate strong ESG performance, particularly in environmental sustainability and social responsibility, may qualify for government grants and subsidies to support their initiatives. Tax…
Government Initiatives: The Russian government has launched initiatives to promote sustainable finance, such as the National Financial Initiative aimed at integrating sustainability into the financial sector. This includes creating favorable…
Energy Sector: The Russian Ministry of Energy and other regulatory bodies have developed guidelines for the energy sector to promote sustainability, focusing on reducing emissions, improving energy efficiency, and encouraging…
