PJSC Sberbank: Sber and SDS-Ugol agree to cooperate on ESG

Sber and SDS-Ugol have entered into a cooperation agreement in the field of ESG within the framework of the Russian Energy Week. Sberbank’s vice president and director of key client loans Olga Kharlamova and SDS-Ugol CEO Gennady Alekseev signed the document.
Under the agreement, the parties will collaborate in the following areas: identification of environmental risks, improvement of the quality of ESG risk reduction and management, implementation of advanced technologies to mitigate the negative impact on the environment. ” environment, improvement of the company’s environmental management processes, increase in the rational use of water, increase in the quantity of waste sent for recycling, implementation of the principles of the circular economy, improvement of the quality of life of the inhabitants of the region through social projects, etc.
Sber and SDS-Ugol also plan to sensitize the business world to methods of monitoring environmental performance in the implementation of investment projects and to good practices in the field of ESG transformation and the application of modern technologies. .
Olga Kharlamova, Vice President, Director of Key Client Loans, Sberbank:
âWe have been cooperating with the SDS-Ugol group for almost 15 years, providing our partner with classic banking products and, for a few years, with Sber ecosystem services. We are now also working on ESG, a very relevant and important subject. . Sber is a leader in this field in Russia, and our task is to raise awareness of ESG principles and best practices and to motivate companies to adhere to them. Sber has already signed a number of ESG cooperation agreements with leading Russian companies, and we are pleased to announce that we have signed one with SDS-Ugol, one of Russia’s largest coal exporters. . “
Gennady Alekseev, CEO, SDS-Ugol:
âSDS-Ugol’s mission is based on the basic principles of sustainable development. In our work, we rely on the principles of occupational safety, environmental management, as well as the professionalism and enthusiasm of our employees. We carry out systematic work to improve business practices based on global ESG best practices. We will continue to adhere to this strategy as we work together with our long-standing partner, Sber.
Disclaimer
Sberbank of Russia published this content on October 13, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on October 14, 2021 03:31:08 PM UTC.