PRESS CENTRE / CALENDAR / SOCIAL REPORT, 2005-2006


SOCIAL REPORT, 2005-2006

UC RUSAL presented its second Social Report which encompasses the activities of RUSAL in 2005-2006.

In 2004 RUSAL was the first Russian company to release a social report in compliance with the principles of the UN Global Compact.  2,500 companies from around the world have already joined the Global Compact, 30 Russian companies are among them.

On October 5th, 2007 UC RUSAL presented its Social Report 2005-2006 at the forum ‘Business reputation: responsibility, transparency, sustainability’ organised by the Russian Union of Manufacturers and Entrepreneurs in cooperation with the UN Development Programme as part of the International Congress ‘Business reputation and the future of Russia’.

The new report of the Company was prepared in accordance with the principles of the Global Compact and the recommendations of the ‘Sustainability Reporting Guidelines’ (GRI).  To illustrate the Company’s compliance with the principles of the Global Compact, the document provides a lot of examples, as well as comparative diagrams and charts covering several years of the Company’s business activities. The 2005-2006 Report places particular emphasis on the chapters entitled ‘The Company and the environment’ and ‘The Company and its employees’.

The Company believes that social reporting is a process of continuous interaction with all the interested parties. The Social Report is designed to demonstrate UC RUSAL’s involvement, responsibility and commitment to development of local communities. Regular social reports help enhance the Company’s informational transparency and facilitate management of financial and non-financial risks involved in the process of attracting investments and creating a sustainable environment in the regions of the Company’s presence.