ESG model was introduced in "Alga" SEZ and "Ufimsky” Industrial Park in Bashkiria

ESG is a set of company performance standards that socially responsible investors use to screen potential investments.

The goals of sustainable development were discussed at the international congress "Transport and Construction". Bashkortostan became the first subject in the Russian Federation where, by the decision of the Head of the Region, a working group was created to develop indicators characterizing the achievement of sustainable development goals in territories with preferential treatment.

The working group included representatives of the USATU, the Regional Center for Standardization, Metrology and Testing, the Association of Clusters, Technoparks and SEZs of Russia, ANO DPO "Institute of Knowledge Economics", as well as the Plekhanov Russian University of Economics.

“The Group carried out expert and analytical work on the formation of indicators and developed the Non-Financial Reporting Disclosure Standard for infrastructure sites. For Bashkortostan, this, of course, is an increase in investment attractiveness,” Deputy Prime Minister of the Government of the Republic of Bashkortostan - Minister of Industry, Energy and Innovation Alexander Sheldyaev said.

The indicators of the Standard were reviewed and supported at meetings of expert councils of the State Duma of the Federal Assembly of the Russian Federation. The Expert Council on Sustainable Development was established in the Ministry of Economic Development of the Russian Federation in 2020.

“Within the framework of the Congress, a master class was held on the implementation of the principles of sustainable development on the example of two infrastructure sites of the republic - the Alga Special Economic Zone and the Ufimsky Industrial Park, Andrey Shpilenko, Director of the Association of Clusters, Technoparks and SEZs of Russia said.

The main principles for the infrastructure site model formation are the resident policy of the management company, the implementation of sustainable development standards (ESG) and the disclosure of non-financial reporting, and the spread of ESG principles beyond the infrastructure sites.

“At the moment, the Association of Clusters, Technoparks, and SEZs of Russia is launching the development of the national standard GOST R “Conformity assessment. General requirements for the model of an infrastructure site aimed at achieving the goals of sustainable development,” Sergey Sevnitsky, director of the Regional Center of Rosstandart in Bashkortostan said.