Sistema Public Joint Stock Financial Corp 2016 Annual Report with Sustainability Disclosures
Company: Sistema Public Joint Stock Financial Corp
Sector: Finance & insurance
Country: Russia
Year: 2016
Type: Annual Report with Sustainability Disclosures
Pages: 109
The report presents Sistema's 2016 consolidated revenue of RUB 697,705 RUB m and highlights portfolio growth across agriculture, retail, forestry and healthcare. It describes responsible investment as incorporating environmental, social and governance (ESG) factors and cites the UN Global Compact and ISO 26000 as principles underpinning the approach. Forest restoration is a key environmental initiative, with Segezha Group restoring about 22,000 ha in 2016. The Group also reports employment of about 158,000 people and social and charitable spending of almost RUB 1.5bn.
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