The Corporation cannot achieve its strategic goals without the consent of the society or the regard to what is perceived as socially and environmentally acceptable.
Interaction with stakeholders
The Corporation weighs its business goals with the interests of the public, taking into account social, environmental, and governance factors that ensure the sustainable development of market sectors and regions in which Rostec's portfolio companies operate.
The Corporation fully supports the concept of social responsibility expressed by the Russian Union of Industrialists and Entrepreneurs in its "Social Charter of Russian Business."
In order to implement projects to develop the territories of its presence, Rostec continuously and closely interacts with all interested parties, and first of all, with state authorities and the local self-governance bodies.
The Corporation cannot achieve its strategic goals without the consent of the society or the regard to what is perceived as socially and environmentally acceptable. Rostec's contribution to the social and economic development of the territories in which it and its entities operate is not limited to participating in establishing the regional and local revenue base but also takes the form of implementing a wide variety of social and charitable programs.
The volume of the Corporation's social spending went up by 15%
Rostec's relationships with each group of stakeholders has and will continue to have a significant impact on its business. This is why taking their interests into account when planning various scenarios and carrying out daily activities is a key to sustainable development. Analyzing the important events, the main financial and operational results, and the Corporation's activities aimed at ensuring sustainable development clearly demonstrates that social capital is one of the cornerstones of business stability.