Roundtable on ESG with members of the boards of directors (supervisory boards) of Russian companies

Nov 24, 2021

On 23 November 2021, Sber hosted ESG roundtable supported by CGI Russia. It became the venue for members of the boards of Russian companies to discuss ESG agenda, share their opinions and experience and talk about tasks and challenges.

The roundtable was moderated by Oleg Tsvetkov, Managing Director, Head of the Corporate Secretary Service of SberBank, Olga Pascault, Chair of the Management Board of the CGI Russia’s, and Elena Sapozhnikova, Member of the Management Board of CGI Russia.

The list of speakers included Sergey Shvetsov, First Deputy Governor of the Bank of Russia, Kingsmill Bond, Energy Strategist of Carbon Tracker, and Veronica Poole, Vice Chair of Deloitte UK and Global IFRS and Corporate Reporting Leader.

The discussion was attended by members of the boards of the largest Russian companies such as AFK SISTEMA, Aeroflot, En+ Group, Inter RAO, Moscow Exchange, MTS, Nornickel, OMK, Polymetal, Severstal, Sibur, SPB exchange, Uralchem, Phosagro, X5 Group, and M.Video-Eldorado.

SberBank was represented by Nadya Wells, ESG and Sustainable Development Curator of the Supervisory Board, members of the Supervisory Board including Natasha Braginsky Mounier, Bella Zlatkis, Nikolay Kudryavtsev, Aleksander Kuleshov, as well as Alexander Vedyakhin, First Deputy Chairman of the Executive Board of SberBank and Tatyana Zavyalova, Senior Vice-President on ESG.

Alexander Vedyakhin started the roundtable with welcoming remarks emphasizing the particular relevance and importance of ESG for Sber Group.

The participants mainly discussed ESG transformation of the Russian businesses and the role of the boards of directors in ESG agenda, best practices in ESG disclosure and reporting, strategic 2025 ESG agenda of the companies, as well as challenges the boards face and the measures to prepare for the changes.

Bella Zlatkis, Deputy Chairman of the Executive Board, member of the Supervisory Board:

‘Many heard about ESG, but unfortunately just a few have the understanding of how it reflects on the real business. However, it is obvious that today, having a responsible attitude to what we are doing is of critical importance; and that attitude is scrutinized during the analysis of any corporation. ESG is about strategic development and now the boards of directors representing the shareholders must add ESG to their agendas and of course develop this new competence among board members. It would be great if directors responsible for promoting ESG agenda are appointed by the boards and key committees.’