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

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

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, 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 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 173 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 78 countries worldwide, and 188 Russian public organizations, federal and legislative agencies, and federal subjects.

The Roscongress Foundation has Telegram channels in Russian t.me/Roscongress, English – t.me/RoscongressDirect, and Spanish t.me/RoscongressEsp. Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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ESG Trends in the Context of Sustainable Development of Indigenous Peoples
6 September 2022
15:00—17:00
The evolutionary development of human rights in the 21st century has brought ESG principles to the forefront in companies’ policies. This trend is notably supported and promoted by international and regional financial institutions. The principles of ESG – environmental, social, and governance – aim to contribute to the achievement of the 17 Sustainable Development Goals for mankind proclaimed by the UN.

Indigenous peoples, as subjects of law, are among the stakeholders of the sustainability policies of industrial and other companies, but, on the other hand, they serve as a benchmark for international and country-based rating agencies in determining companies’ compliance with ESG standards.

In 2020, Russia’s National Rating Agency developed and approved a methodology for assigning non-credit ratings that assess a company’s exposure to environmental and social business risks, as well as corporate governance risks (ESG ratings). One of the criteria is whether the company has a policy on interaction with local populations who lead a traditional way of life (e.g., the Indigenous peoples of the North) and the implementation of socially significant projects in this regard.

In 2021, the European rating agency RAEX-Europe ranked Lukoil as the ESG leader in the oil and gas sector and considered the factor of support for Indigenous peoples, among other criteria.

Major companies such as Norilsk Nickel, Sakhalin Energy, Irkutsk Oil Company, the Eastern Siberia-Pacific Ocean oil pipeline, and several more place special emphasis in their social policies on supporting Indigenous peoples.

The voluntary adoption of ESG standards by small and medium-sized businesses will help achieve the sustainable development goals of Indigenous peoples in a shorter time.

Key themes of the roundtable:
● ESG standards of international financial institutions
● Standards of the UN Global Compact;
● Russia’s experience of companies engaging in social responsibility based on the example of:
a) National Standard of the Russian Federation GOST R ISO 26000-2012 ‘Guidelines for Social Responsibility’
b) Standard of responsibility for residents of the Arctic Zone of the Russian Federation
● The role of the Russian Union of Industrialists and Entrepreneurs and the Russian Chamber of Commerce and Industry in disseminating social responsibility practices in places where Indigenous peoples engage in traditional economic activities
● Social responsibility practices of Russian industrial companies in places where Indigenous peoples engage in traditional economic activities
● Dissemination of knowledge about ESG standards among Indigenous peoples
● Investment appeal of Russian industrial companies that provide social support to Indigenous peoples
● Involvement of public associations of Indigenous peoples in the procedures for assigning ESG ratings to companies
Date
06.09.2022
Forum
EEF
Started at
15:00—17:00
Conference hall
Far East Street, House of Indigenous Peoples
Analytics on the topic