Pigment JSC successfully passed the procedure for public discussion of the company's Sustainable Development Report for 2023 in the Council for Non-Financial Reporting of the Russian Union of Industrialists and Entrepreneurs (RSPP) and received a Certificate of its public certification.
In the Conclusion, RSPP experts noted that the Sustainable Development Report of Pigment JSC for 2023 contains significant information covering all the main areas of responsible business practice in accordance with the principles of the Social Charter of Russian Business, and discloses information about the Company’s activities in these areas with sufficient completeness .
The non-financial report for 2023 is the fifth report of Pigment JSC. It contains the key results of the enterprise’s activities in the social, environmental, and economic fields for the specified period.
When preparing the Report, the sustainability reporting standards of the Global Reporting Initiative GRI were used, which ensures continuity of information across different reporting cycles, as well as comparability with the reports of other companies. Documents used were the Business Reporting on SDGs Guide , the UNCTAD Guide to Key Indicators for Reporting Contribution to Achieving the SDGs 2030, the UN Global Compact, the Social Charter of Russian Business, ISO 26000:2020, and See also Recommendations for reporting by the Ministry of Economic Development.
It is worth noting that the Pigment company is consistently moving towards developing the process of public reporting on a regular basis, which indicates that it has taken important steps towards increasing information openness. The presented document also confirms that social reporting is becoming an integral part of the Company’s work, and success in this area is one of the criteria for assessing the effectiveness of its activities.
Interested parties will be able to familiarize themselves with the report on the sustainable development of Pigment JSC on the company’s official website in the “Sustainable Development” section https://krata.ru/evolution/ . The material will be presented by specialists in August of this year.
Irina Kosareva, head of the project office for the implementation of ESG - strategy of Pigment JSC:
— “Sustainable development has become the basis of our company’s long-term development strategy. Non-financial reporting helps not only to inform all stakeholders about the Company’s activities, but also to involve them in joint work for mutually beneficial cooperation. Taking into account the wishes of our stakeholders, the report for 2023 highlighted new areas of activity of the enterprise within the framework of the ESG strategy - ESG risk management, biodiversity and digital transformation of the company."