Business programme

The Pandemic as a Catalyst for Sustainable Development through the Incorporation of ESG Principles

03 Jun , 17:00–18:15
Joining Forces to Advance Development
Pavilion F, conference hall F1
In partnership with PhosAgro

The COVID-19 pandemic has posed unprecedented challenges to the entire planet, and has required governments and business to come together to comprehensively respond. The pandemic has also raised people’s awareness of the importance of environmental management and the need for better social and corporate governance in business. Today, more than USD 30 trillion in investment is being managed by funds guided by ESG principles, and global investors have come to realize that ESG principles offer a reliable indicator as to whether a company will be able to achieve sustainable growth while offering attractive returns. Many analysts forecast that within a few years companies which choose not to focus on sustainable development and CSR will be unable to raise capital. Even today, good ESG compliance is boosting the ability of Russian companies to leverage their assets by, for example, raising low-interest debt capital for adhering to environmental protection rules. What approaches are Russian companies adopting to implement ESG principles while pursuing business strategies, and how might this lead to greater innovation? What regulatory policies and management methods are enabling companies in Russia to employ green principles so as to increase productivity and competitiveness and more closely align with sustainable development concepts? Which industries have already moved to incorporate the ESG agenda, and are there sectors that are less compatible with ESG principles?

Moderator
Irina Bokova, Director General, United Nations Educational, Scientific and Cultural Organization UNESCO (2009-2017)

Panellists
Alexander Vedyakhin, First Deputy Chairman of the Executive Board, Sberbank
Pavel Grachev, Chief Executive Officer, Polyus
Andrey Guryev, Chief Executive Officer, Chairman of the Management Board, PhosAgro
Yuri Levin, Rector, Moscow School of Management SKOLKOVO
Vyacheslav Nikolaev, President, Chairman of the Management Board, MTS
Nikolay Nikolaev, Chairman of the Committee of the State Duma of the Federal Assembly of the Russian Federation on Natural Resources, Property and Land Relations
Svetlana Radionova, Head, Federal Service for Supervision of Natural Resources
Dmitry Snesar, Senior Vice President, Head of Client Coverage, VTB
Nazim Efendiev, Chief Executive Officer, Management Company METALLOINVEST

Front row participants
Avy Burstin, Chief Executive Officer, Managing Director, Amber Lion Partners
Aleksey Ivanov, Senior Vice President, Commerce and Business Development, EVRAZ plc
Igor Korytko, Chief Executive Officer, Chairman of the Board, Tube Metallurgical Company (TMK)
Elena Feoktistova, Managing Director of Corporate Responsibility, Sustainable Development and Social Entrepreneurship Directorate, Russian Union of Industrialists and Entrepreneurs (RSPP)

Broadcast