2.1. Assessment of the suppliers’ sustainability practices

An approach to assessing suppliers’ Suppliers of goods, works, and services include all of the Group’s supplier categories. sustainability practices takes into account stakeholder expectations, standards, and regulatory recommendations, such as:

  • queries from the Company’s customers regarding a responsible supply chain;
  • recommendations for public joint stock companies to disclose non‑financial information regarding their operations, issued by the Bank of Russia, including recommendations on disclosures related to the management of a sustainable supply chain;
  • A Guide for Issuers: How to Comply with Best Sustainability Practices, drafted by Moscow Exchange, including responsible supply chain management practices;
  • draft Sustainability Reporting Standard of the Russian Ministry of Economic Development;
  • RAEX ESG ranking covering responsible supply chains;
  • EcoVadis EcoVadis is a platform for corporate social responsibility and sustainable procurement ratings. rating, which evaluates companies’ practices in building a responsible supply chain;
  • Standard for Responsible Mining (Initiative for Responsible Mining Assurance, IRMA), which covers suppliers of goods, works, and services, among others;
  • International Financial Reporting Standards (IFRS) S1 and S2, developed by the International Sustainability Standards Board (ISSB), including requirements on supply chain transparency;
  • the Global Reporting Initiative (GRI) standard that creates a sustainability reporting framework, including indicators on supplier relations and making supply chains more sustainable.
Assessment of the suppliers’ sustainability practices