
The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, 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, 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 133 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 70 countries worldwide.
Over the past decade, investors the world over have come to realize that environmental, social, and governance (ESG) factors can serve as reliable indicators of a companys ability to achieve sustainable long-term growth and investor returns. Over 80% of the worlds largest corporations already report based on GRI or UN PRI metrics, but this trend is only beginning to gain traction in Russia. The ranks of ESG-conscious investors are growing, yet they are obliged to close positions in some of Russias best companies as these companies fail to meet ESG standards or cannot provide reliable data on their ESG metrics. Funds focusing on ESG portfolio screening have more than USD 30 trillion under management, so companies across industries can no longer ignore ESG. The Russian government is responding and state-owned companies will now be required to start disclosing non-financial ESG data as of 2020, with this requirement kicking in for all publicly-traded companies in 2021. Can Russia catch up and ultimately win the ESG race? Will ESG reporting help reverse the Russia discount trend for stocks? Who will set the benchmark for ESG in Russia?
The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, 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, 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 133 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 70 countries worldwide.