RAO UES Presents its CSR and Corporate Sustainability Report for
2006-2007 for Public Discussion
Moscow, 14 April 2008. RAO "UES of Russia" has presented
its Corporate Social Responsibility (CSR) and Corporate Sustainability Report for
2006-2007 for public discussion.
The report presents the key aspects of the social, economic and
environmental activities of the RAO UES companies. Special attention is given to the
social impact of the completion of the electricity sector reform, the mechanisms for
attracting investment in the country, and construction of new energy facilities from a
perspective of public interests.
The public hearings hosted by RAO "UES of Russia" were
attended by representatives of the major Russian and international energy companies,
energy-related ministries and agencies, investment community, independent environmental
organizations, and consumer protection organizations. The key issue discussed was ensuring
continuity of the principles of socially responsible business in a post-reform
After the opening speech made by Chairman of the Management Board of
RAO "UES of Russia" Anatoly Chubais, representatives of consumer protection and
environment protection organizations, and members of investment community. Chairman of
Management Board of the International Confederation of Consumer Protection Associations
Dmitry Yanin, Vice President of the Opora Rossii Association Alexey Kozhevnikov,
Co-Chairman of the Social and Ecological Union Igor Shkradyuk, Head of the Independent
Environmental Rating Agency ("NERA") Alexander Martynov, and Director of
Standard and Poor's Corporate Governance Ratings Services Svetlana Borodina made their
comments and suggestions.
The report will be revised to reflect the stakeholders' comments and
will then be posted on the Company's website.
The event participants expressed their confidence that CSR reporting
will be continued in the new energy companies during the post-reform period, which the
Parent Company, RAO "UES of Russia", has endeavoured to ensure. This is proven
by 17 CSR reports published by SDCs of RAO "UES of Russia" which played a major
role in developing relationships with investors and attracting private investors in the
Russian electricity industry.