Within the framework of the III International Forum of Special Economic Zones, JSC “Development Corporation of the Republic of Bashkortostan” and ANO “Public Capital” concluded a cooperation agreement on the implementation and development of the Standard of Public Capital of business. As previously noted in the Ministry of Economic Development of Russia, the standard was developed on behalf of the President of the country, aimed at systematizing non-financial reporting and evaluating the activities of companies based on it. Its creation was based on Russian and international experience.
The introduction of this Standard is a significant step towards the formation of a new model of responsible entrepreneurship in Russia. Its implementation makes it possible to evaluate and encourage the contribution of business to achieving Russia’s national development goals. The document we signed is aimed at popularizing and promoting these principles and values of the business social capital standard for greater involvement of companies in the ESG direction, Nail Gabbasov, CEO of the Bashkortostan Development Corporation, shared.
As part of the assessment, measures to support company employees will also be recorded: from the provision of VMI to payments at the birth of children. As a result, the Standard will help to strengthen trust and build reliable partnerships between business, society and the state.
In order to identify priorities and mechanisms for cooperation, it is planned to develop and approve a roadmap for joint activities within a month. The signatories were Artem Penzin, Director of the SEZ management company Alga, and Asiyat Bagatyrova, General Director of the NGO Public Capital.