Anti-Corruption Laws: Russia has implemented various laws to combat corruption, such as the Federal Law on Combating Corruption, which establishes measures to prevent and address corrupt practices within public and…
Regulatory Oversight: Regulatory bodies in Russia, such as the Central Bank of Russia, have established guidelines for ESG disclosures and ratings, promoting transparency and accountability in the assessment process. Standardization…
Adoption of Global Standards: Russia has engaged with international ESG frameworks, such as the United Nations Sustainable Development Goals (SDGs) and the Global Reporting Initiative (GRI), to align its national…
Investor Influence: Institutional investors are increasingly prioritizing ESG factors in their investment decisions, influencing companies to adopt sustainable practices. The demand for ESG-compliant investments drives companies to improve their ESG…
Legislative Changes: Recent amendments to Russian legislation have emphasized the importance of ESG reporting. For instance, the introduction of new regulations requiring larger companies to disclose their ESG strategies has…
