The Development Corporation of the Republic of Bashkortostan is included in the register of indicators of the initiators’ public business capital. The assessment of the organization’s compliance with the standard for achieving national development goals was evaluated by experts of the NGO “Public Capital” according to 95 indicators in 6 key areas: environmental, social, managerial, economic, as well as business reputation and the organization’s participation in improving the welfare of society and the strategic development of the country. One of the important assessment factors was also the management policy of the Alga special economic zone, where special attention is paid to the systematic implementation of these parameters. Thus, the Development Corporation became one of two organizations in Bashkortostan that were verified and entered into the relevant register.
– The Standard of Public Business Capital was developed on behalf of the President of Russia and is intended to form a unified and transparent methodology for assessing the contribution of Russian organizations to the socio-economic development of the country. The entry into the register means that the activities of the Development Corporation, including as the management company of the special economic zone “Alga” and the industrial park “Ufa”, comply with all standards of sustainable development, – said Nail Gabbasov, Director General of the Development Corporation of the Republic of Bashkortostan.
Earlier, Bashkortostan was included in the list of pilot regions for the implementation of the Standard of public Capital of business. The relevant agreement was signed in September last year within the framework of the III International Forum of Special Economic Zones. At that time, the key parameters of the Standard were already being actively implemented in the activities of the Corporation, as the management company of the SEZ “Alga” and its residents. So, back in 2022, the Development Corporation became one of the first in the country to publish non-financial statements. However, as part of the assessment of compliance with the Standard of Public Business Capital, the pool of parameters has been expanded to include not only the implementation of ESG policy, but also participation in the strategic development of the country.