A socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and sporting, public, and cultural events.

The Roscongress Foundation – a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and sporting, public, and cultural events.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5000 people working in Russia and abroad. In addition, it works in close cooperation with 126 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 69 countries worldwide Russia also cooperates with 92 Russian public organizations and 54 regional governments.

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Research
25.12.2019

Polar Index. Version 2.0. Regions // Sustainable Development Rating of the Russian Arctic Regions

Although the development of the Arctic is currently one of the priorities of the Russian Federation domestic policy, the Russian Arctic Zone remains without a centralized governance system, nor does it have a development trajectory. The authors of the report note that although models of uniting the Russian Arctic zone into a single administrative contour do exist, the establishment of a macroregion would need an ideological basis and a unified growth path. These must be based on the principles of sustainable development, hence the Polar Index project which is aimed at promoting the sustainable development principles in the Russian Arctic.

As part of the project, two independent, although interconnected, sustainable development ratings are compiled, one for Russian Arctic regions, and the other for companies operating there. Besides giving the actual ratings, the report describes the methodology for the calculations and explains the concept of the Polar Index ratings. The Polar Index project is methodologically based on the so-called triple score concept: sustainable development is interpreted as a balance of its economic, environmental and social components.

The ’Polar Index. Companies’ rating covers 17 large companies working in the Arctic, of which six operate in the oil and gas sector, three in metallurgy, three in petrochemistry, two in the power industry, one in diamond production, one in transportation, and one is a state atomic energy corporation. The rating was calculated in two stages:

  • on the first stage, the index of sustainable development of companies was calculated using a specially developed methodology based on a range of indicators, and
  • on the second stage, an expert poll in the questionnaire form was conducted.

The three leaders of the rating are PJSC LUKOIL, PJSC SIBUR Holding, and PJSC MMC Norilsk Nickel. The second rating produced under this project, ’Polar Index. Regions’, was compiled using the authors’ own methodology, which is described in the report, and covered nine regions. The calculations were done in three stages:

  • on Stage 1, a quantitative sustainable development index (QI) was calculated for each region,
  • on Stage 2, an expert index (EI) for the region was calculated based on the results of an expert opinion poll conducted in the form of a questionnaire, and
  • on Stage 3, the final integrated index (II) was calculated for the region based on the values of the quantitative and the expert indices.
The top three regions are Murmansk Oblast, Republic of Sakha (Yakutia), and Arkhangelsk Oblast. Next, the authors are planning to present the so-called «people’s polar index» based on a sociological survey of the people in the Russian Arctic.

It must be mentioned that this report is the second in the series. In June 2018, the authors presented their ’Polar Index: Version 1.0′ rating. Like this year, the first rating was topped by the following three companies: PJSC LUKOIL, PJSC SIBUR Holding, and PJSC MMC Norilsk Nickel. The results of the rating became a baseline for assessing sustainable development in the Russian Arctic.

This material was published in the Roscongress Information and Analytical System on the recommendation of the Roscongress Foundation expert community.
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