Achievement of the Corporation's strategic goals is impossible in the absence of social consent and non-compliance with the requirements of social and environmental acceptability
Interaction with stakeholders
The corporation correlates its business objectives with public interests, takes into account social, environmental and managerial factors that ensure sustainable development of those sectors of the market and regions in which Rostec's portfolio companies operate.
The Corporation fully shares the concept of social responsibility formulated by the Russian Union of Industrialists and Entrepreneurs in the "Social Charter of Russian Business".
In order to implement projects to develop the territory of presence, Rostec carries out a constant complex interaction with all interested parties, primarily with state authorities and local self-government.
Achievement of the Corporation's strategic goals is impossible in the absence of social consent and non-compliance with the requirements of social and environmental acceptability.
The Corporation's contribution to the social and economic development of the territories of its presence is not only participation in the formation of a revenue base of regional and local budgets but also the implementation of a whole range of social and charitable programs.
The volume of the Corporation's expenses of social character grew by 15%
The system of relations with each group of stakeholders has and will have a significant impact on the Corporation's business. Therefore, consideration of their interests when planning in different horizons and carrying out daily activities is an essential condition for sustainable development. Analysis of key events, key financial and operational results as well as results of the Corporation's activities in the field of sustainable development clearly demonstrates that social capital is one of the main sources of business stability.