social investment in russia oleynik daria, ИМЭ 31

Social investment Social investment in Russiain Russia

Oleynik Daria, ИМЭ 31

Content Content

1. What is social investment?2. Social investment in Russia3. Social Investment Practice

Social investments Social investments are one of the most important

factors in the development of socio-economic systems and

define their economic growth.

FundsFunds

IndicatorsIndicators 2007 г.2007 г.

Social investments on one worker, (rub.) 54 335

The relation of social investments to total sales, (%)

3,76

The relation of social investments to balance profit, (%)

6,25

External investment External investment Internal investment Internal investment • local community• consumers• business partners • the environment

• the HR development• employee health & safety

HR development

Health & safety

Ethical business conduct towards consumers

Enviromental management and resource saving

Local community

Ethical business conduct towards business partners

Best Social Investment Practice of Best Social Investment Practice of Russian CompaniesRussian Companies

• Corporate medical centre, UC RUSAL UC RUSAL • Corporate pension system, JSC Russian RailwaysJSC Russian Railways• Corporate pension system, OJSC MMC Norilsk NickelOJSC MMC Norilsk Nickel• Youth programmes, OJSC TatneftOJSC Tatneft• ‘Museums of the Russian North’ Programme of Support

for Russian Provincial Fine Arts Museums, OJSC SeverstalOJSC Severstal• New Day Grant Programme, OJSC JSCB ‘ROSBANK’OJSC JSCB ‘ROSBANK’• Ecological Safety and Environment Protection, Renova Renova

OrgsintezOrgsintez• ‘‘Green Watch’, UC RUSALUC RUSAL• Safe production, OJSC ‘TNK-ВР Management’, OJSC ‘TNK-ВР Management’• University of Personal Finance, OJSC URSA BankOJSC URSA Bank

Social and Cultural Projects Social and Cultural Projects Contest ProgrammeContest Programme, , LUKOIL LUKOIL

• ‘Ecology’• ‘Benevolence’• ‘Culture and Arts’• ‘Physical Culture• Sport and Tourism’• ‘Native Land’

2009 2011

The projects 1225 2000

The winning projects 299 447

The total amount of grants awarded during ten years for all the

participating regions exceeded

360 360 mln rubmln rub..

‘Children of Russia’ Charity Fund,

Ural Mining and Metallurgical Company

Russian and international children's contests: football dance tennis basketball hockey athletics and others.

The total budget for the ‘Children of Russia’ Charity Fund's programmes

in 1999-2008 was

113.5 113.5 mln rubmln rub.

For 2011, the charity fund has allocated

57 990 10257 990 102 mln mln rub rub

cash, medicines, clothes and products to requiring people across all Russia.

2007

Number of staff, (people) 15 065

Averages wage, (thousands rub.) 45

Insurance, (thousands rub.) 9 210

Other social payments, (mln rub.) 203,5

Benefits of social Benefits of social investmentinvestment

Investing in social sphere provides:• the development of socio-economic systems • economic growth• creating favourable social climate • bringing up future qualified workforce