Corporate Responsibility and Social Investment

The goal of this work is informing a large circle of society about the principles, goals, results and potential of the Client.

When preparing this special Social Responsibility Report, we took a look at the best examples of international practice and adhered to the Sustainability Reporting Guidelines, which were developed by the international organization Global Reporting Initiative (GRI).

The report reflects the social responsibility policy of the Client towards their personnel and local communities. Important issues of defending the environment are raised, as are those of socially responsible restructuration.

When preparing the report, we adhered to the following main principles:

• Principle of openness, fullness and truthfulness of disclosure;
• Principle of involving all stakeholders;
• Principle of verifiability;
• Principle of sequence and correspondence;
• Principle of objectivity.

This work resulted in the first report about the corporate responsibility of Krascvetmet JSC that was prepared with accordance to the requirements of international standards.