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UN Global Compact Russia

2024 Annual Letter to UN Global Compact Participants from Sanda Ojiambo

Dear Participants of the UN Global Compact,

Today’s great challenges – climate change, conflict, widening inequalities, socio-economic and geopolitical changes – intensify, while the confluence of social, technological, political and economic megatrends generates unprecedented complexity, uncertainty and disruption.

We face an expanding list of bigger, more critical decisions and equally critical opportunities demanding our attention. The consequences of action, or inaction, are greater than ever.

Over the last few years, I have heard time and again from business leaders seeking to leverage the private sector's strengths to solve problems and drive transformative change. The global, regional and local convenings of the UN Global Compact have provided opportunities for sharing cross-cutting solutions and breakthroughs on diverse challenges, including climate action, renewable energy and living wage.

Innovations and solutions are within reach. Collectively, we must move at a speed, scale and scope that ensures sustainable results for the challenges we face.

Twenty-five years ago, then Secretary-General Kofi Annan called on the private sector to form a global compact for business and bring a human face to the global market. Since then, the Global Compact has grown to a participant base of more than 20,000 companies. Our ambition is to continue on a solid growth and delivery trajectory, especially when the private sector is needed now more than ever.

THE NEWS OF RUSSIAN COMPANIES PARTICIPANTS OF THE UN GLOBAL CONTRACT

PhosAgro, a member of the UN Global Compact since 2018, consistently implements a policy of corporate responsibility and reaffirms its commitment to the principles of sustainable development. This is confirmed by targeted programs aimed at developing human capital and increasing the well-being of the regions of presence, including environmental and climate aspects. The successful implementation of these programs is ensured by the efficiency of production management and investment potential. 

Today PhosAgro has set the highest bar in the country's industrial sector in increasing wages for its employees - PhosAgro has decided to index the salaries of employees at all Group companies by a further 15%, starting 1 February 2024.


The average salary of the Company’s employees increased by 60% from 2021 through 2023. The decision to raise salaries again was taken by PhosAgro’s Management Board following an expanded meeting involving members of the Company’s Board of Directors and senior management. The meeting summarised the results of the Company’s social programme and efforts to develop its human resources.

“The decision to index wages was based on the Company’s excellent production and economic performance. This will bolster the material well-being of our employees and serve as an important incentive to further drive productivity, which has increased by 160% over the past 10 years. We provide our exceptional workforce – our primary asset – with safe, comfortable working conditions and decent wages. According to the ratings published by authoritative agencies and business media, we are among the best employers in the country,” said PhosAgro CEO Mikhail Rybnikov.

Benefits of participation
By joining the UN Global Compact Russia, you merge into a sustainable development leadership community.
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Events

2024 Annual Letter to UN Global Compact Participants from Sanda Ojiambo

THE NEWS OF RUSSIAN COMPANIES PARTICIPANTS OF THE UN GLOBAL CONTRACT

New Guidance on Blue Bonds to Help Unlock Finance for a Sustainable Ocean Economy

Programs

This section is under construction

High-Level Political Forum 2023

10-19 July 2023, New York, USA

The High-level Political Forum on Sustainable Development (HLPF)  helds from Monday, 10 July, to Wednesday, 19 July 2023, under the auspices of the Economic and Social Council . This includes the three-day ministerial segment of the forum from Monday, 17 July, to Wednesday, 19 July 2023 as part of the High-level Segment of the Council. The last day of the High-level Segment of ECOSOC will be on Thursday, 20 July 2023.
The theme is "Accelerating the recovery from the coronavirus disease (COVID-19) and the full implementation of the 2030 Agenda for Sustainable Development at all levels”.
The HLPF in 2023, without prejudice to the integrated, indivisible and interlinked nature of the SDGs, also reviews in-depth Goals 6 on clean water and sanitation, 7 on affordable and clean energy, 9 on industry, innovation and infrastructure, 11 on sustainable cities and communities, and 17 on partnerships for the Goals.


Localization of the SDGs in Russia and Beyond: Lessons Learned at the Mid-Point on the Way to 2030

12 July, 2023, New York, USA

July 10 -19, 2023 the annual High-Level Political Forum on Sustainable Development takes place in New York.

In 2023, the global community is standing at the mid-point on the way to 2030 being far off track to achieve the Sustainable Development Goals. Getting back on track will require comprehensive efforts including at the local level to ensure access to technology and innovation, mobilize financial resources, and strengthen public-private partnerships while taking into account integrated and indivisible nature of the Goals and seeking to balance economic, social and environmental dimensions of sustainable development. HLPF-2023 aims at evaluating the progress made by countries in achieving the SDGs.

July 12, 2023 at 15:00-16:30 (Moscow time) with the use of online-broadcasting on Zoom Platform Ministry of Economic Development of the Russian Federation, Accounts Chamber of the Russian Federation, with the support of the Permanent Mission of the Russian Federation to the United Nations, as well as with the participation of the UN Global Compact Network Russia jointly organized a side event at the sidelined of the High-Level Political Forum 2023. The event’s topic focuses on the SDGs implementation in Russia and Beyond.

Webcast

Metalloinvest has published its 2022 Sustainability Report

July 3, 2023

Metalloinvest has published its 2022 Sustainability Report "True to Ourselves in All Circumstances".
Despite the changes that are taking place in the global economy, the company remains open and committed to the ESG principles and systematic work in the key areas of sustainable development. And it's paying off.
In 2022, Metalloinvest improved its sustainability rating from ISS ESG to C+, confirmed its "silver" level in the EcoVadis rating and was ranked fifth out of 138 companies in the steel industry by Sustainalytics.
AK&M Sustainability and Nature Conservation research showed Metalloinvest to be the best among ferrous metallurgy companies.

To view the full version of the Report, please visit the Company's website.

On-line seminar UNEP and the Association Russian "National Global Compact Network"

26 June 2023

UNEP on 26 June will organised an online seminar to present the UNEP’s Strategy for Private Sector Engagement and answer questions on the possible ways for partnership development.
The meeting was moderated by Sylvie Motard, Deputy Regional Director, UNEP Europe Office and Vladimir Moshkalo, Head, UNEP Russia Office.
The meeting was attended by representatives of RUSAL, En+, PhosAgro, ALROSA, Severstal, Metalloinvest, Nornickel, Rosatom, Polus, RSPP, RUSS-INVEST, ACIG and representatives of , SBER, Sovcombank, Vnesheconombank.

Special project

Local Solutions to Global Problems

The Youth Contest. Grand Prix - educational program in Switzerland

Experts

Elena Feoktistova

Deputy Chair of the Steering Committee. The Russian Union of Industrialists and Entrepreneurs, Managing Director, Corporate Responsibility, Sustainable Development and Social Entrepreneurship

Natalia Dorpeko

Executive director of the Association "National Network of the Global Compact"

Irina Bakhtina

Chief Sustainability Officer and Member of the Executive Team, United Company RUSAL, IPJSC

Sasha Boldyreva

Executive Director at Russian Donors Forum

Butmanov Anton

Sustainability Directorate of En + Group

Julia Mazanova

Deputy General Director for Sustainable Development and Corporate Communications of Management Company «Metalloinvest»

Poppel Natalia

Head of CSR and Brand department, Severstal

Benefits
Joining the Global Compact Network Russia – the Association “National Network of the Global Compact” – opens for the UN Global Compact participants additional opportunities – those mentioned above and stated below.