Sustainability & ESG

Sistema is committed to addressing economic, social, and environmental challenges for the sake of sustainable development of business and society.
Taxes
and contributions 2019

>125

bn ₽
Social
investments

>1.4

bn ₽
Recipients
of charity

>1.1

mn

Principles for responsible investment

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  • Rigorous legal compliance and fair competition
  • Elimination of corruption and conflicts of interest
  • Observance of human rights and non-discrimination
  • Equal opportunities and decent working conditions
  • Continuous input in the socio-economic development of geographies where Sistema is active
  • Environmental & climate awareness
  • Attention to non-financial risks in investing and asset management
  • Peer-to-peer dialogue with stakeholders

Code of Ethics

CSR Policy

Anti-Corruption Policy

Non-financial Reporting

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Non-financial Reporting 2018

In 2002 Sistema became one of the first Russian companies to join the UN Global Compact.

The UN Global Compact unites leading companies that share 10 principles in the fields of human rights, labour relations, environment, and anti-corruption and evolve their strategies so as to address specific Sustainable development Goals.
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In 2017, Sistema joined the Social Charter of Russian Business, a key voluntary initiative of the Russian business community in the area of Corporate Social Responsibility.

Sistema adheres to responsible business practices towards its employees, civic institutions, public authorities, local communities, and environmental safety. The corporation requires compliance with such norms from all of its portfolio companies and expects ethical behaviour from its partners all along the supply and value chains.
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ESG indices and ratings
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Sistema plans and implements activities with consideration for independent evaluations given to its corporate governance, transparency, and social & environmental responsibility

Social investment

Sistema Group companies consistently invest in human development; carry out large-scale and long-term initiatives in education, science, sports, and culture; support innovation, and help the underprivileged. The corporation's relief, charity, volunteer, technological, and educational programmes contribute to the social and environmental evolution of communities where it operates.

~4₽ bn

Sistema's direct social investments in 2017-2019

Felix Evtushenkov
Chair of the Board of Sistema Charitable Foundation
Sistema is a socially responsible corporation that invests in telecommunications, microelectronics, high-tech medicine, pharmaceuticals, IT and other advanced technologies that can increase the efficiency of many industries and improve people's quality of life.

Strategic Charity

Sistema Charitable Foundation was established in 2003 as an operator for Sistema's social investments with combined access to the resources of companies across the Group and to potential partners in infrastructure programmes. The foundation's programmes demonstrate how new technology evolves into solutions and can change human lives.

Charity policy

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Sistema Charitable Foundation cooperates with non-profits and does not accept individual requests.