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The head of Sberbank proposed to create an ESG-alliance of entrepreneurs

The head of Sberbank proposed to create an ESG-alliance of entrepreneurs
Photo: EastRussia

Within the framework of the Eastern Economic Forum, the session "Is Russia Ready for the Global ESG Transformation" was held. The parties discussed new "green" technologies, a course towards zero carbon footprint, transformation of the economy and energy complex according to modern environmental standards.

It is recognized all over the world that climate change must be minimized by the efforts of all states. ESG transformation implies greener and more socially oriented approaches to the management of companies. At the same time, the economies of many countries, including Russia, are seriously dependent on energy industries: oil and coal mining. During the session, the participants discussed not only the problems that await the industry in the transition to higher environmental standards, but also ways to solve them. In particular, now more attention needs to be paid to

Among the participants in the session were Alexander Vedyakhin, First Deputy Chairman of the Management Board of Sberbank, Alexander Dyukov, Chairman of the Board, General Director of Gazprom Neft, Stepan Solzhenitsyn, General Director of SUEK, Pavel Sorokin, Deputy Energy Minister of Russia, and Special Representative of the President of the Russian Federation for Relations with International Organizations to achieve sustainable development goals Anatoly Chubais. The online discussions were attended by the President, Chairman of the Management Board, Sberbank German Gref and the Minister of Economic Development of Russia Maxim Reshetnikov.

All participants acknowledged that there will be many problems in the transition to ESG standards. But in order to quickly resolve issues, discuss regulatory legal acts, the head of Sberbank, German Gref, proposed at the first stage to create an alliance of entrepreneurs who are ready to change in accordance with modern trends. Such an association will help, among other things, to influence government decisions by proposing its own programs or norms. Sberbank is ready to hold the first conference with entrepreneurs who are ready to join the alliance and become its founders in October 2021.

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